Groupon (GRPN) Scheduled to Post Quarterly Earnings on Tuesday

Groupon (NASDAQ:GRPN) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Shares of Groupon (NASDAQ GRPN) opened at $5.10 on Tuesday. The company has a market capitalization of $2,850.00, a price-to-earnings ratio of -34.00, a P/E/G ratio of 27.95 and a beta of 1.47. Groupon has a fifty-two week low of $2.90 and a fifty-two week high of $5.99. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.99.

GRPN has been the topic of a number of recent analyst reports. Vetr upgraded Groupon from a “hold” rating to a “strong-buy” rating and set a $6.79 price target on the stock in a report on Tuesday, December 12th. Cowen upgraded Groupon from an “underperform” rating to a “market perform” rating and lifted their price target for the stock from $2.90 to $5.38 in a report on Monday, October 16th. Goldman Sachs Group upgraded Groupon from a “sell” rating to a “neutral” rating and set a $5.40 price target on the stock in a report on Wednesday, January 17th. Piper Jaffray Companies reiterated an “overweight” rating and set a $6.25 price target (up from $5.50) on shares of Groupon in a report on Wednesday, November 1st. Finally, B. Riley reiterated a “buy” rating and set a $6.30 price target on shares of Groupon in a report on Thursday, November 2nd. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $5.06.

In other Groupon news, Director Eric P. Lefkofsky sold 1,500,000 shares of the firm’s 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Brian Stevens sold 20,000 shares of Groupon 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 of the company’s stock, valued at $1,269,641.34. The disclosure for this sale can be found here. Insiders sold 1,545,000 shares of company stock valued at $8,901,450 over the last three months. Company insiders own 23.40% 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).

Earnings History for Groupon (NASDAQ:GRPN)

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