Brokerages expect Groupon Inc (NASDAQ:GRPN) to announce earnings of $0.09 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for Groupon’s earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.06. Groupon reported earnings of $0.07 per share in the same quarter last year, which would indicate a positive year over year growth rate of 28.6%. The business is scheduled to issue its next quarterly earnings report on Wednesday, February 21st.

On average, analysts expect that Groupon will report full-year earnings of $0.13 per share for the current fiscal year, with EPS estimates ranging from $0.10 to $0.16. For the next year, analysts anticipate that the business will report earnings of $0.20 per share, with EPS estimates ranging from $0.10 to $0.34. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that follow Groupon.

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

Several brokerages have weighed in on GRPN. Zacks Investment Research cut shares of Groupon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. BidaskClub cut shares of Groupon from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Vetr raised shares of Groupon from a “hold” rating to a “strong-buy” rating and set a $6.79 price target for the company in a research report on Tuesday, December 12th. Piper Jaffray Companies reiterated an “overweight” rating and set a $6.25 price target on shares of Groupon in a research report on Tuesday, December 12th. Finally, DA Davidson reaffirmed a “buy” rating on shares of Groupon in a research report on Thursday, November 30th. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $5.02.

Shares of Groupon (NASDAQ GRPN) opened at $5.03 on Wednesday. The firm has a market cap of $2,810.00, a price-to-earnings ratio of -33.53, a price-to-earnings-growth ratio of 26.89 and a beta of 1.57. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.99. Groupon has a 12-month low of $2.90 and a 12-month high of $5.99.

In related news, Director Eric P. Lefkofsky sold 1,500,000 shares of the stock in a transaction dated Thursday, December 7th. The shares were 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 Securities & Exchange Commission, which is available through this hyperlink. Also, insider James Sullivan sold 25,000 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $5.29, for a total transaction of $132,250.00. Following the completion of the transaction, the insider now owns 350,919 shares of the company’s stock, valued at $1,856,361.51. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,545,000 shares of company stock valued at $8,901,450. Corporate insiders own 23.40% of the company’s stock.

Several institutional investors have recently modified their holdings of GRPN. Pictet Asset Management Ltd. bought a new position in shares of Groupon in the 3rd quarter worth about $37,704,000. SG Capital Management LLC bought a new position in shares of Groupon in the 3rd quarter worth about $16,741,000. State Street Corp increased its stake in shares of 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 acquiring an additional 2,440,783 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 2,430,907 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of 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 acquiring an additional 2,421,825 shares in the last quarter. Institutional investors own 60.01% of the company’s stock.

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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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