Groupon (GRPN) Expected to Announce Earnings on Thursday

Groupon (NASDAQ:GRPN) is expected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Groupon to post earnings of $0.21 per share and revenue of $127.74 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Groupon Price Performance

GRPN opened at $10.65 on Thursday. Groupon has a one year low of $7.75 and a one year high of $19.56. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93. The company’s 50 day simple moving average is $11.60 and its 200-day simple moving average is $11.17. The stock has a market capitalization of $423.53 million, a P/E ratio of 20.88 and a beta of 1.67.

Analyst Ratings Changes

Several brokerages recently weighed in on GRPN. Northland Securities cut their price objective on shares of Groupon from $20.00 to $17.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. The Goldman Sachs Group cut their target price on shares of Groupon from $11.00 to $8.00 and set a “sell” rating on the stock in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.00.

Groupon Company Profile

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.