Zacks Research Issues Positive Forecast for Groupon Earnings

Groupon, Inc. (NASDAQ:GRPN) – Investment analysts at Zacks Research lifted their FY2027 earnings estimates for shares of Groupon in a note issued to investors on Friday, January 23rd. Zacks Research analyst Team now forecasts that the coupon company will earn $0.90 per share for the year, up from their prior forecast of $0.86. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Groupon’s current full-year earnings is ($0.31) per share. Zacks Research also issued estimates for Groupon’s Q4 2027 earnings at $0.34 EPS.

Several other brokerages have also recently weighed in on GRPN. Weiss Ratings restated a “sell (d)” rating on shares of Groupon in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Groupon from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.25.

Groupon Stock Up 0.1%

Shares of NASDAQ:GRPN opened at $16.20 on Monday. The business’s 50 day moving average is $16.81 and its 200 day moving average is $22.33. Groupon has a 12-month low of $9.21 and a 12-month high of $43.08. The stock has a market cap of $660.31 million, a price-to-earnings ratio of -4.64 and a beta of 0.02. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 4.16.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings data on Thursday, November 6th. The coupon company reported ($2.92) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($2.93). The company had revenue of $122.83 million for the quarter, compared to the consensus estimate of $121.99 million. Groupon had a negative return on equity of 717.37% and a negative net margin of 28.52%.

Hedge Funds Weigh In On Groupon

A number of hedge funds and other institutional investors have recently made changes to their positions in GRPN. Continental General Insurance Co. grew its position in Groupon by 28.3% during the second quarter. Continental General Insurance Co. now owns 2,929,832 shares of the coupon company’s stock valued at $98,003,000 after buying an additional 647,100 shares during the period. Vanguard Group Inc. raised its position in Groupon by 22.2% in the third quarter. Vanguard Group Inc. now owns 2,108,578 shares of the coupon company’s stock worth $49,235,000 after acquiring an additional 383,277 shares during the period. Marshall Wace LLP raised its position in Groupon by 59.4% in the second quarter. Marshall Wace LLP now owns 1,167,422 shares of the coupon company’s stock worth $39,050,000 after acquiring an additional 434,963 shares during the period. Bank of America Corp DE grew its position in shares of Groupon by 552.5% during the 2nd quarter. Bank of America Corp DE now owns 1,136,524 shares of the coupon company’s stock valued at $38,017,000 after acquiring an additional 962,337 shares during the period. Finally, Tyro Capital Management LLC grew its position in shares of Groupon by 6.8% during the 3rd quarter. Tyro Capital Management LLC now owns 1,091,095 shares of the coupon company’s stock valued at $25,477,000 after acquiring an additional 69,378 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Groupon Company Profile

Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.

Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.