Quotient Technology Inc. (QUOT) Set to Announce Quarterly Earnings on Wednesday
Quotient Technology Inc. (NYSE:QUOT) will announce its earnings results after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Quotient Technology (NYSE:QUOT) last released its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $74.49 million during the quarter, compared to the consensus estimate of $73.72 million. Quotient Technology had a negative return on equity of 2.92% and a negative net margin of 5.61%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) EPS. On average, analysts expect Quotient Technology to post $-0.08 EPS for the current fiscal year and $0.15 EPS for the next fiscal year.
Shares of Quotient Technology Inc. (NYSE:QUOT) opened at 16.05 on Wednesday. Quotient Technology Inc. has a 12-month low of $9.10 and a 12-month high of $17.85. The stock’s 50 day moving average price is $16.30 and its 200-day moving average price is $13.07. The firm’s market capitalization is $1.48 billion.
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In other news, insider Steven R. Boal sold 209,782 shares of the firm’s stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $16.98, for a total transaction of $3,562,098.36. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Steven R. Boal sold 411,799 shares of the firm’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $16.78, for a total transaction of $6,909,987.22. The disclosure for this sale can be found here. Insiders have sold a total of 1,414,507 shares of company stock worth $22,292,559 in the last 90 days. 11.99% of the stock is owned by insiders.
A number of equities research analysts have issued reports on QUOT shares. BidaskClub downgraded shares of Quotient Technology from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Dougherty & Co reiterated a “buy” rating and issued a $20.00 target price (up previously from $16.00) on shares of Quotient Technology in a research report on Wednesday, October 4th. First Analysis started coverage on shares of Quotient Technology in a research report on Monday, October 9th. They issued an “overweight” rating and a $21.00 target price for the company. ValuEngine upgraded shares of Quotient Technology from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, TheStreet upgraded shares of Quotient Technology from a “d+” rating to a “c-” rating in a research report on Tuesday, August 1st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $17.88.
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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