Equities analysts predict that Quotient Technology Inc. (NYSE:QUOT) will announce earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Quotient Technology’s earnings, with estimates ranging from $0.05 to $0.09. Quotient Technology reported earnings of $0.04 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 75%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, November 7th.

On average, analysts expect that Quotient Technology will report full year earnings of $0.27 per share for the current financial year, with EPS estimates ranging from $0.21 to $0.37. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.49 per share, with EPS estimates ranging from $0.40 to $0.63. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Quotient Technology.

Quotient Technology (NYSE:QUOT) last announced its earnings results on Tuesday, August 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.03. Quotient Technology had a negative net margin of 5.61% and a negative return on equity of 2.92%. The company had revenue of $74.49 million for the quarter, compared to analyst estimates of $73.72 million. During the same period in the prior year, the business earned ($0.04) earnings per share. Quotient Technology’s quarterly revenue was up 10.8% on a year-over-year basis.

Several research firms have issued reports on QUOT. BidaskClub upgraded shares of Quotient Technology from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. Bank of America Corporation restated a “neutral” rating and set a $20.00 price target (up previously from $15.00) on shares of Quotient Technology in a research note on Tuesday. TheStreet upgraded shares of Quotient Technology from a “d+” rating to a “c-” rating in a research note on Tuesday, August 1st. Royal Bank Of Canada restated a “buy” rating and set a $17.00 price target on shares of Quotient Technology in a research note on Friday, September 1st. Finally, Dougherty & Co reaffirmed a “buy” rating and set a $20.00 price objective (up from $16.00) on shares of Quotient Technology in a report on Wednesday, October 4th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Quotient Technology presently has an average rating of “Buy” and an average price target of $17.88.

Quotient Technology (QUOT) traded up 0.57% during midday trading on Wednesday, hitting $17.60. 317,955 shares of the company were exchanged. The stock’s market capitalization is $1.63 billion. The firm’s 50-day moving average price is $15.69 and its 200-day moving average price is $12.55. Quotient Technology has a one year low of $9.10 and a one year high of $17.85.

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In other Quotient Technology news, insider Steven R. Boal sold 411,799 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $16.78, for a total value of $6,909,987.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Steven R. Boal sold 160,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $12.64, for a total value of $2,022,400.00. Following the completion of the transaction, the chief executive officer now owns 968,823 shares of the company’s stock, valued at approximately $12,245,922.72. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,095,523 shares of company stock valued at $16,668,395. Insiders own 11.99% of the company’s stock.

Several large investors have recently modified their holdings of the company. California State Teachers Retirement System increased its holdings in shares of Quotient Technology by 3.4% during the second quarter. California State Teachers Retirement System now owns 130,502 shares of the technology company’s stock valued at $1,501,000 after acquiring an additional 4,268 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Quotient Technology by 15.8% during the second quarter. The Manufacturers Life Insurance Company now owns 57,385 shares of the technology company’s stock valued at $660,000 after acquiring an additional 7,819 shares in the last quarter. Osterweis Capital Management Inc. bought a new position in shares of Quotient Technology during the second quarter valued at $1,540,000. State Street Corp increased its holdings in shares of Quotient Technology by 13.0% during the second quarter. State Street Corp now owns 1,318,689 shares of the technology company’s stock valued at $15,165,000 after acquiring an additional 151,433 shares in the last quarter. Finally, Lyon Street Capital LLC increased its holdings in shares of Quotient Technology by 109.1% during the second quarter. Lyon Street Capital LLC now owns 794,339 shares of the technology company’s stock valued at $9,135,000 after acquiring an additional 414,400 shares in the last quarter. Hedge funds and other institutional investors own 71.27% of the company’s stock.

About Quotient Technology

Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.

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