Equities analysts forecast that Groupon Inc (NASDAQ:GRPN) will report $860.58 million in sales for the current quarter, according to Zacks. Eight analysts have provided estimates for Groupon’s earnings, with estimates ranging from $844.50 million to $883.12 million. Groupon posted sales of $934.89 million during the same quarter last year, which suggests a negative year over year growth rate of 7.9%. The firm is expected to announce its next quarterly earnings results on Wednesday, February 21st.

On average, analysts expect that Groupon will report full year sales of $860.58 million for the current year, with estimates ranging from $2.80 billion to $2.85 billion. For the next financial year, analysts forecast that the firm will post sales of $2.93 billion per share, with estimates ranging from $2.78 billion to $3.07 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Groupon.

Groupon (NASDAQ:GRPN) last announced its earnings results on Wednesday, November 1st. The coupon company reported $0.01 EPS for the quarter. Groupon had a negative net margin of 2.97% and a negative return on equity of 1.47%. The firm had revenue of $634.46 million for the quarter, compared to analysts’ expectations of $642.62 million. During the same quarter in the previous year, the business posted ($0.01) EPS. The company’s quarterly revenue was down 7.6% on a year-over-year basis.

A number of analysts have recently commented on GRPN shares. Zacks Investment Research upgraded shares of Groupon from a “hold” rating to a “strong-buy” rating and set a $6.25 target price on the stock in a report on Monday, November 6th. TheStreet upgraded shares of Groupon from a “d” rating to a “c-” rating in a report on Thursday, November 2nd. Citigroup boosted their target price on shares of Groupon from $5.00 to $5.50 and gave the company a “neutral” rating in a report on Thursday, November 2nd. Vetr cut shares of Groupon from a “strong-buy” rating to a “strong sell” rating and set a $3.68 target price on the stock. in a report on Thursday, November 2nd. Finally, Piper Jaffray Companies restated a “buy” rating and set a $6.25 target price on shares of Groupon in a report on Monday, November 20th. Six analysts have rated the stock with a sell rating, nine have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $5.02.

In other news, Director Eric P. Lefkofsky sold 1,500,000 shares of Groupon stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $5.77, for a total value of $8,655,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Brian Stevens sold 20,000 shares of Groupon stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $5.71, for a total value of $114,200.00. Following the completion of the transaction, the chief accounting officer now directly owns 222,354 shares of the company’s stock, valued at approximately $1,269,641.34. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,545,000 shares of company stock valued at $8,901,450. 23.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of GRPN. Pictet Asset Management Ltd. purchased a new position in Groupon in the 3rd quarter worth about $37,704,000. SG Capital Management LLC purchased a new position in Groupon in the 3rd quarter worth about $16,741,000. State Street Corp raised its position in Groupon by 38.2% in the 2nd quarter. State Street Corp now owns 8,827,043 shares of the coupon company’s stock worth $33,898,000 after buying an additional 2,440,783 shares during the last quarter. Vanguard Group Inc. raised its position in Groupon by 8.1% in the 2nd quarter. Vanguard Group Inc. now owns 32,453,440 shares of the coupon company’s stock worth $124,620,000 after buying an additional 2,430,907 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD raised its position in Groupon by 40.2% in the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 8,451,180 shares of the coupon company’s stock worth $43,946,000 after buying an additional 2,421,825 shares during the last quarter. 60.01% of the stock is owned by hedge funds and other institutional investors.

Shares of Groupon (NASDAQ:GRPN) traded up $0.14 during mid-day trading on Tuesday, hitting $5.24. 8,350,000 shares of the stock were exchanged, compared to its average volume of 7,540,000. Groupon has a 1 year low of $2.90 and a 1 year high of $5.99. The company has a market cap of $2,930.00, a PE ratio of -34.93 and a beta of 1.55. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.99.

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About Groupon

Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).

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