
Groupon, Inc. (NASDAQ:GRPN – Free Report) – Analysts at Northland Securities increased their Q1 2027 earnings per share estimates for Groupon in a research report issued on Monday, August 17th. Northland Securities analyst B. Brooks now forecasts that the coupon company will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.04. The consensus estimate for Groupon’s current full-year earnings is ($0.17) per share. Northland Securities also issued estimates for Groupon’s Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.33 EPS, Q4 2027 earnings at $0.49 EPS and FY2027 earnings at $1.13 EPS.
Other equities research analysts also recently issued reports about the stock. Wall Street Zen raised shares of Groupon from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Groupon in a report on Tuesday, June 9th. Citigroup reiterated an “outperform” rating on shares of Groupon in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group reissued a “sell” rating and issued a $22.00 price target on shares of Groupon in a report on Monday, August 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $26.00.
Groupon Price Performance
Shares of GRPN stock opened at $20.22 on Wednesday. The stock has a market capitalization of $822.25 million, a price-to-earnings ratio of -6.50 and a beta of 0.23. The company’s fifty day simple moving average is $23.48 and its two-hundred day simple moving average is $17.38. Groupon has a 1 year low of $9.17 and a 1 year high of $29.90.
Groupon (NASDAQ:GRPN – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The coupon company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.02. The company had revenue of $124.67 million for the quarter, compared to the consensus estimate of $127.09 million.
Hedge Funds Weigh In On Groupon
A number of large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp purchased a new position in Groupon in the 2nd quarter worth approximately $1,729,000. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Groupon by 13.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 13,129 shares of the coupon company’s stock valued at $316,000 after purchasing an additional 1,553 shares during the period. Versant Capital Management Inc grew its holdings in shares of Groupon by 92.7% in the second quarter. Versant Capital Management Inc now owns 1,299 shares of the coupon company’s stock worth $31,000 after purchasing an additional 625 shares during the last quarter. Pacer Advisors Inc. bought a new position in shares of Groupon in the first quarter worth approximately $2,416,000. Finally, Lombard Odier Asset Management Europe Ltd increased its stake in shares of Groupon by 24.1% in the first quarter. Lombard Odier Asset Management Europe Ltd now owns 102,118 shares of the coupon company’s stock worth $1,215,000 after buying an additional 19,860 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.
About Groupon
Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.
Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.
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