Groupon (GRPN) Projected to Post Quarterly Earnings on Tuesday

Groupon (NASDAQ:GRPN) is expected to be announcing its earnings results after the market closes on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $127.74 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Groupon Trading Up 2.0 %

Shares of NASDAQ GRPN opened at $10.54 on Monday. The company’s fifty day moving average is $11.51 and its 200-day moving average is $11.10. The stock has a market cap of $419.15 million, a price-to-earnings ratio of 20.67 and a beta of 1.41. Groupon has a twelve month low of $7.75 and a twelve month high of $19.56. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group reduced their price target on shares of Groupon from $11.00 to $8.00 and set a “sell” rating on the stock in a research report on Thursday, November 14th. Northland Securities reduced their price target on shares of Groupon from $20.00 to $17.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

About Groupon

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.