Groupon (NASDAQ:GRPN) Stock Price Down 5.8% – What’s Next?

Groupon, Inc. (NASDAQ:GRPN) traded down 5.8% on Monday . The company traded as low as $17.55 and last traded at $17.4650. 160,114 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 1,454,732 shares. The stock had previously closed at $18.54.

Analysts Set New Price Targets

GRPN has been the topic of several recent analyst reports. Wall Street Zen downgraded Groupon from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Northland Securities upped their price target on Groupon from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Monday, August 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Groupon in a research report on Thursday, November 13th. UBS Group started coverage on Groupon in a report on Thursday, August 7th. They issued a “mixed” rating for the company. Finally, Zacks Research cut shares of Groupon from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $29.80.

Groupon Stock Up 0.5%

The company has a market cap of $692.84 million, a P/E ratio of -70.98 and a beta of 0.47. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.16. The company has a fifty day moving average of $21.08 and a 200 day moving average of $27.03.

Groupon (NASDAQ:GRPN) last released its quarterly earnings results on Thursday, November 6th. The coupon company reported ($2.92) EPS for the quarter, missing the consensus estimate of $0.01 by ($2.93). Groupon had a negative net margin of 1.89% and a negative return on equity of 19.61%. The business had revenue of $122.83 million for the quarter, compared to analysts’ expectations of $121.99 million. Groupon has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, research analysts anticipate that Groupon, Inc. will post -0.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Groupon

Hedge funds have recently modified their holdings of the business. Quarry LP lifted its position in Groupon by 48.1% during the third quarter. Quarry LP now owns 1,938 shares of the coupon company’s stock valued at $45,000 after purchasing an additional 629 shares in the last quarter. CWM LLC increased its position in Groupon by 85.2% in the third quarter. CWM LLC now owns 1,858 shares of the coupon company’s stock worth $43,000 after buying an additional 855 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Groupon by 28.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,909 shares of the coupon company’s stock worth $198,000 after buying an additional 1,304 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Groupon during the 3rd quarter valued at about $32,000. Finally, USA Financial Formulas bought a new position in shares of Groupon during the 2nd quarter valued at approximately $57,000. Institutional investors own 90.05% of the company’s stock.

About Groupon

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.