Quotient Technology Inc (NYSE:QUOT) – Equities research analysts at DA Davidson issued their Q1 2018 earnings per share estimates for Quotient Technology in a note issued to investors on Tuesday. DA Davidson analyst T. Forte expects that the technology company will post earnings per share of ($0.01) for the quarter. DA Davidson also issued estimates for Quotient Technology’s Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.08 EPS and FY2022 earnings at $0.93 EPS.
A number of other brokerages have also issued reports on QUOT. BidaskClub lowered Quotient Technology from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. ValuEngine lowered Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, November 30th. Zacks Investment Research lowered Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Finally, Bank of America reiterated a “neutral” rating and issued a $20.00 price target (up previously from $15.00) on shares of Quotient Technology in a research note on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $18.14.
In related news, Director Andrew J. Gessow acquired 5,000 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average price of $12.25 per share, with a total value of $61,250.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 11.46% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently added to or reduced their stakes in QUOT. Senvest Management LLC boosted its holdings in shares of Quotient Technology by 36.3% during the 3rd quarter. Senvest Management LLC now owns 3,628,876 shares of the technology company’s stock valued at $56,792,000 after purchasing an additional 966,309 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Quotient Technology by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 5,688,612 shares of the technology company’s stock valued at $65,419,000 after purchasing an additional 378,031 shares during the last quarter. Cowen Prime Services LLC boosted its holdings in shares of Quotient Technology by 38.6% during the 4th quarter. Cowen Prime Services LLC now owns 1,028,850 shares of the technology company’s stock valued at $12,089,000 after purchasing an additional 286,800 shares during the last quarter. American Century Companies Inc. bought a new position in shares of Quotient Technology during the 3rd quarter valued at about $3,958,000. Finally, Royce & Associates LP bought a new position in shares of Quotient Technology during the 3rd quarter valued at about $2,520,000. 72.53% of the stock is owned by institutional investors and hedge funds.
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About Quotient Technology
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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