Shares of Groupon Inc (NASDAQ:GRPN) have been assigned a consensus recommendation of “Hold” from the twenty-four brokerages that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $4.92.

A number of research firms recently commented on GRPN. Zacks Investment Research lowered Groupon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Vetr upgraded Groupon from a “hold” rating to a “strong-buy” rating and set a $6.58 price target on the stock in a research report on Monday, September 25th. Piper Jaffray Companies restated a “buy” rating and set a $5.50 price target on shares of Groupon in a research report on Thursday, September 21st. Cowen upgraded Groupon from an “underperform” rating to a “market perform” rating and increased their price target for the stock from $2.90 to $5.38 in a research report on Monday, October 16th. Finally, Gabelli began coverage on Groupon in a research report on Tuesday, October 17th. They set a “buy” rating and a $7.00 price target on the stock.

Shares of Groupon (NASDAQ:GRPN) opened at $5.11 on Tuesday. Groupon has a 12 month low of $2.90 and a 12 month high of $5.99. The firm has a market capitalization of $2,850.00, a P/E ratio of -34.07, a PEG ratio of 26.89 and a beta of 1.57. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.99.

Groupon (NASDAQ:GRPN) last released its quarterly earnings data on Wednesday, November 1st. The coupon company reported $0.01 earnings per share for the quarter. Groupon had a negative return on equity of 1.47% and a negative net margin of 2.97%. The company had revenue of $634.46 million for the quarter, compared to analyst estimates of $642.62 million. During the same period in the prior year, the company posted ($0.01) EPS. The company’s revenue was down 7.6% compared to the same quarter last year. sell-side analysts predict that Groupon will post -0.02 earnings per share for the current year.

In other Groupon news, Director Eric P. Lefkofsky sold 1,500,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $5.77, for a total value of $8,655,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Brian Stevens sold 20,000 shares of the stock in a transaction on Friday, November 24th. The shares were 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 owns 222,354 shares in the company, valued at $1,269,641.34. The disclosure for this sale can be found here. Insiders sold a total of 1,545,000 shares of company stock worth $8,901,450 over the last quarter. Corporate insiders own 23.40% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ameritas Investment Partners Inc. bought a new position in Groupon in the 2nd quarter valued at $116,000. Prudential Financial Inc. boosted its position in Groupon by 157.7% in the 2nd quarter. Prudential Financial Inc. now owns 31,713 shares of the coupon company’s stock valued at $122,000 after buying an additional 19,408 shares during the last quarter. ProShare Advisors LLC acquired a new position in shares of Groupon in the 2nd quarter valued at $122,000. New York State Teachers Retirement System acquired a new position in shares of Groupon in the 3rd quarter valued at $122,000. Finally, SG Americas Securities LLC lifted its stake in shares of Groupon by 24.9% in the 2nd quarter. SG Americas Securities LLC now owns 39,212 shares of the coupon company’s stock valued at $151,000 after purchasing an additional 7,813 shares during the period. Hedge funds and other institutional investors own 60.01% of the company’s stock.

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Groupon Company Profile

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).

Analyst Recommendations for Groupon (NASDAQ:GRPN)

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