Analysts Anticipate Quotient Technology Inc (NYSE:QUOT) to Post -$0.04 EPS

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Wall Street analysts expect Quotient Technology Inc (NYSE:QUOT) to post earnings of ($0.04) per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Quotient Technology’s earnings, with the highest EPS estimate coming in at ($0.02) and the lowest estimate coming in at ($0.05). Quotient Technology reported earnings of $0.03 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 233.3%. The business is expected to issue its next quarterly earnings results on Tuesday, February 11th.

On average, analysts expect that Quotient Technology will report full-year earnings of ($0.08) per share for the current year, with EPS estimates ranging from ($0.09) to ($0.06). For the next fiscal year, analysts anticipate that the business will report earnings of $0.07 per share, with EPS estimates ranging from ($0.03) to $0.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Quotient Technology.

Quotient Technology (NYSE:QUOT) last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.01. The business had revenue of $114.83 million during the quarter, compared to analysts’ expectations of $109.73 million. Quotient Technology had a negative net margin of 7.53% and a negative return on equity of 8.79%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.08) EPS.

A number of research analysts recently issued reports on the stock. Oppenheimer set a $10.00 target price on shares of Quotient Technology and gave the company a “buy” rating in a research report on Monday, August 12th. ValuEngine upgraded Quotient Technology from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 13th. Dougherty & Co raised Quotient Technology from a “neutral” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Monday, November 18th. First Analysis upgraded Quotient Technology from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $11.00 to $13.00 in a research report on Thursday, November 7th. Finally, Zacks Investment Research raised Quotient Technology from a “sell” rating to a “hold” rating in a report on Thursday, November 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. Quotient Technology presently has an average rating of “Buy” and an average price target of $12.65.

In related news, insider Jason Young sold 7,500 shares of the business’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $8.16, for a total value of $61,200.00. Following the completion of the sale, the insider now owns 174,916 shares of the company’s stock, valued at approximately $1,427,314.56. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andrew J. Gessow acquired 5,000 shares of Quotient Technology stock in a transaction on Wednesday, November 13th. The shares were bought at an average price of $10.50 per share, with a total value of $52,500.00. Following the completion of the transaction, the director now directly owns 16,619 shares of the company’s stock, valued at approximately $174,499.50. The disclosure for this purchase can be found here. Corporate insiders own 10.00% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Concourse Capital Management LLC increased its position in shares of Quotient Technology by 325.0% during the second quarter. Concourse Capital Management LLC now owns 228,660 shares of the technology company’s stock worth $2,456,000 after purchasing an additional 174,860 shares in the last quarter. Bernzott Capital Advisors lifted its holdings in Quotient Technology by 1.1% in the 2nd quarter. Bernzott Capital Advisors now owns 2,518,045 shares of the technology company’s stock valued at $27,044,000 after purchasing an additional 28,310 shares in the last quarter. SG Americas Securities LLC boosted its stake in Quotient Technology by 3.7% during the 3rd quarter. SG Americas Securities LLC now owns 58,564 shares of the technology company’s stock worth $458,000 after purchasing an additional 2,101 shares during the last quarter. Trigran Investments Inc. boosted its stake in Quotient Technology by 138.6% during the 2nd quarter. Trigran Investments Inc. now owns 1,062,264 shares of the technology company’s stock worth $11,409,000 after purchasing an additional 616,967 shares during the last quarter. Finally, Ellington Management Group LLC acquired a new stake in Quotient Technology during the 2nd quarter worth $164,000. Institutional investors and hedge funds own 69.15% of the company’s stock.

Shares of Quotient Technology stock opened at $10.58 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.15 and a quick ratio of 3.15. The firm has a fifty day moving average price of $9.49 and a 200 day moving average price of $9.47. Quotient Technology has a 1 year low of $6.92 and a 1 year high of $12.88. The stock has a market cap of $928.16 million, a PE ratio of -44.08 and a beta of 0.06.

About Quotient Technology

Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.

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