Research Analysts Set Expectations for Quotient Technology Inc’s Q4 2018 Earnings (QUOT)

Quotient Technology Inc (NYSE:QUOT) – Analysts at DA Davidson issued their Q4 2018 earnings estimates for Quotient Technology in a research report issued to clients and investors on Tuesday. DA Davidson analyst T. Forte expects that the technology company will post earnings per share of $0.05 for the quarter.

Other analysts have also recently issued reports about the stock. ValuEngine cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. BidaskClub cut shares of Quotient Technology from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Finally, Zacks Investment Research cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $18.14.

Quotient Technology (NYSE QUOT) traded down $0.30 during midday trading on Thursday, reaching $10.85. 189,112 shares of the company’s stock traded hands, compared to its average volume of 345,531. Quotient Technology has a fifty-two week low of $9.10 and a fifty-two week high of $17.85. The stock has a market cap of $1,029.91, a PE ratio of -65.59, a PEG ratio of 4.84 and a beta of -0.12.

In related news, Director Andrew J. Gessow purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were purchased 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 is available through this hyperlink. 11.46% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the company. Senvest Management LLC increased its holdings in shares of Quotient Technology by 36.3% in the 3rd quarter. Senvest Management LLC now owns 3,628,876 shares of the technology company’s stock worth $56,792,000 after buying an additional 966,309 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Quotient Technology by 59.0% in the 3rd quarter. Wells Fargo & Company MN now owns 78,346 shares of the technology company’s stock worth $1,227,000 after buying an additional 29,085 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Quotient Technology by 8.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 319,259 shares of the technology company’s stock valued at $3,672,000 after purchasing an additional 23,522 shares during the last quarter. OxFORD Asset Management LLP bought a new position in shares of Quotient Technology during the 3rd quarter valued at $502,000. Finally, Highbridge Capital Management LLC bought a new position in shares of Quotient Technology during the 3rd quarter valued at $496,000. 72.53% of the stock is currently owned by hedge funds and other institutional investors.

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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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