Colliers Securities Reiterates “Buy” Rating for Quotient Technology (NYSE:QUOT)


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Colliers Securities restated their buy rating on shares of Quotient Technology (NYSE:QUOT) in a research note released on Tuesday, Analyst Ratings Network reports.

Several other research firms have also commented on QUOT. Zacks Investment Research lowered Quotient Technology from a hold rating to a sell rating in a research report on Friday, February 12th. TheStreet upgraded Quotient Technology from a d rating to a c- rating in a research note on Thursday, February 18th. Finally, Morgan Stanley boosted their target price on Quotient Technology from $7.60 to $7.80 and gave the stock an underweight rating in a research note on Tuesday, January 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $9.56.

Shares of NYSE QUOT opened at $16.14 on Tuesday. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.66. The business has a fifty day simple moving average of $15.41 and a two-hundred day simple moving average of $10.72. The firm has a market cap of $1.49 billion, a PE ratio of -28.82 and a beta of 0.85. Quotient Technology has a twelve month low of $5.28 and a twelve month high of $17.93.

Quotient Technology (NYSE:QUOT) last released its quarterly earnings results on Wednesday, February 10th. The technology company reported ($0.28) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.23). The company had revenue of $142.53 million during the quarter, compared to the consensus estimate of $119.91 million. Quotient Technology had a negative return on equity of 17.49% and a negative net margin of 11.77%. On average, research analysts expect that Quotient Technology will post -0.44 earnings per share for the current year.

In other Quotient Technology news, CEO Steven R. Boal sold 41,502 shares of the firm’s stock in a transaction on Tuesday, January 19th. The stock was sold at an average price of $10.01, for a total value of $415,435.02. Following the sale, the chief executive officer now directly owns 3,535,764 shares in the company, valued at $35,392,997.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Steven R. Boal sold 10,000 shares of the firm’s stock in a transaction on Tuesday, February 16th. The shares were sold at an average price of $12.25, for a total value of $122,500.00. Following the completion of the sale, the chief executive officer now owns 3,517,239 shares in the company, valued at $43,086,177.75. The disclosure for this sale can be found here. Insiders sold 61,502 shares of company stock valued at $697,435 over the last quarter. 10.00% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC acquired a new stake in Quotient Technology in the fourth quarter valued at $49,000. Marshall Wace LLP acquired a new stake in Quotient Technology in the first quarter valued at $95,000. LPL Financial LLC acquired a new stake in Quotient Technology in the third quarter valued at $80,000. Campbell & CO Investment Adviser LLC acquired a new stake in Quotient Technology in the fourth quarter valued at $116,000. Finally, Cubist Systematic Strategies LLC raised its stake in Quotient Technology by 40.4% in the third quarter. Cubist Systematic Strategies LLC now owns 14,742 shares of the technology company’s stock valued at $109,000 after buying an additional 4,239 shares in the last quarter. Institutional investors own 70.52% of the company’s stock.

About Quotient Technology

Quotient Technology Inc operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company offers Quotient Promotions Platform offers digital paperless and print promotions, including Coupons.com website and mobile applications; brand and retailer websites and mobile applications; and third-party publishing websites and mobile applications.

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Analyst Recommendations for Quotient Technology (NYSE:QUOT)

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