Analysts Anticipate Quotient Technology Inc (QUOT) Will Post Earnings of $0.08 Per Share

Analysts expect Quotient Technology Inc (NYSE:QUOT) to post earnings per share of $0.08 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Quotient Technology’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.05. Quotient Technology reported earnings per share of $0.05 during the same quarter last year, which suggests a positive year-over-year growth rate of 60%. The company is scheduled to issue its next quarterly earnings report on Thursday, February 8th.

On average, analysts expect that Quotient Technology will report full year earnings of $0.15 per share for the current fiscal year, with EPS estimates ranging from $0.14 to $0.16. For the next financial year, analysts forecast that the company will report earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.62. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Quotient Technology.

Quotient Technology (NYSE:QUOT) last issued its earnings results on Wednesday, November 1st. The technology company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.10). The business had revenue of $81.95 million during the quarter, compared to analyst estimates of $83.24 million. Quotient Technology had a negative net margin of 5.17% and a negative return on equity of 4.96%. Quotient Technology’s quarterly revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.13) earnings per share.

QUOT has been the subject of a number of recent research reports. Dougherty & Co reiterated a “buy” rating and issued a $20.00 target price (up from $16.00) on shares of Quotient Technology in a research report on Wednesday, October 4th. BidaskClub cut shares of Quotient Technology from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. DA Davidson assumed coverage on shares of Quotient Technology in a research report on Wednesday, September 13th. They issued a “buy” rating and a $18.00 target price for the company. Bank of America restated a “neutral” rating and set a $20.00 price objective (up from $15.00) on shares of Quotient Technology in a research report on Tuesday, October 10th. Finally, First Analysis assumed coverage on shares of Quotient Technology in a research report on Monday, October 9th. They set an “overweight” rating and a $21.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $18.14.

In other news, Director Andrew J. Gessow purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average price of $12.25 per share, for a total transaction of $61,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Steven R. Boal sold 149,202 shares of Quotient Technology stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $16.96, for a total transaction of $2,530,465.92. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 366,984 shares of company stock valued at $6,216,724. 11.46% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. raised its holdings in Quotient Technology by 8.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 319,259 shares of the technology company’s stock worth $3,672,000 after purchasing an additional 23,522 shares in the last quarter. Rhumbline Advisers raised its holdings in Quotient Technology by 15.0% during the second quarter. Rhumbline Advisers now owns 82,906 shares of the technology company’s stock worth $953,000 after purchasing an additional 10,795 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Quotient Technology by 10.8% during the second quarter. Bank of New York Mellon Corp now owns 423,421 shares of the technology company’s stock worth $4,868,000 after purchasing an additional 41,328 shares in the last quarter. Legal & General Group Plc raised its holdings in Quotient Technology by 12.1% during the second quarter. Legal & General Group Plc now owns 17,238 shares of the technology company’s stock worth $198,000 after purchasing an additional 1,865 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its holdings in Quotient Technology by 595.8% during the second quarter. BNP Paribas Arbitrage SA now owns 9,449 shares of the technology company’s stock worth $109,000 after purchasing an additional 8,091 shares in the last quarter. Institutional investors own 72.24% of the company’s stock.

Shares of Quotient Technology (NYSE QUOT) opened at $12.00 on Thursday. The company has a market cap of $1,110.00, a PE ratio of -70.59, a PEG ratio of 5.21 and a beta of -0.13. Quotient Technology has a 12-month low of $9.10 and a 12-month high of $17.85.

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Quotient Technology Company Profile

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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