Groupon (GRPN) Expected to Announce Earnings on Friday

Groupon (NASDAQ:GRPN) is projected to post its quarterly earnings results before the market opens on Friday, March 21st. Analysts expect Groupon to post earnings of ($0.06) per share and revenue of $127.74 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Groupon Stock Performance

NASDAQ:GRPN opened at $14.86 on Friday. The stock has a 50-day moving average price of $11.45 and a 200 day moving average price of $11.07. The stock has a market capitalization of $590.95 million, a P/E ratio of 29.14 and a beta of 1.41. Groupon has a 12-month low of $7.75 and a 12-month high of $18.74. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut their price objective on shares of Groupon from $11.00 to $8.00 and set a “sell” rating for the company 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Groupon has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

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.