The closing price of Groupon Inc. (NASDAQ: GRPN) was $8.01 for the day, up 2.43% from the previous closing price of $7.82. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 563040 shares were traded. GRPN stock price reached its highest trading level at $8.03 during the session, while it also had its lowest trading level at $7.80.
Our analysis of GRPN’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 3.46 whereas as Long-Term Debt/Eq ratio is at 2.32.
Upgrades & Downgrades
JP Morgan Upgraded its Underweight to Neutral on March 01, 2021, whereas the target price for the stock was revised from $23 to $48.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 when Barta Jan bought 6,716,966 shares for $7.28 per share. The transaction valued at 48,899,512 led to the insider holds 6,716,966 shares of the business.
Barta Jan sold 1,606,408 shares of GRPN for $11,694,650 on Dec 20. The Director now owns 100 shares after completing the transaction at $7.28 per share. On Dec 20, another insider, Barta Jan, who serves as the Director of the company, sold 5,110,558 shares for $7.28 each. As a result, the insider received 37,204,862 and left with 0 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 2.51.
Stock Price History:
Over the past 52 weeks, GRPN has reached a high of $31.15, while it has fallen to a 52-week low of $6.22. The 50-Day Moving Average of the stock is 8.02, while the 200-Day Moving Average is calculated to be 11.36.
GRPN traded an average of 1.11M shares per day over the past three months and 718.61k shares per day over the past ten days. A total of 30.31M shares are outstanding, with a floating share count of 19.17M. Insiders hold about 10.70% of the company’s shares, while institutions hold 61.40% stake in the company. Shares short for GRPN as of Oct 13, 2022 were 6.13M with a Short Ratio of 4.90M, compared to 6.44M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 20.26% and a Short% of Float of 28.59%.
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$0.53 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.71, while EPS last year was $0.38. The consensus estimate for the next quarter is $0.2, with high estimates of $0.61 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.74 and -$2.06 for the fiscal current year, implying an average EPS of -$1.43. EPS for the following year is $0.93, with 5 analysts recommending between $1.47 and $0.54.
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $159.01M to a low estimate of $153.9M. As of the current estimate, Groupon Inc.’s year-ago sales were $213.14M, an estimated decrease of -26.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $180.06M, a decrease of -19.30% over than the figure of -$26.60% in the same quarter last year. There is a high estimate of $198.34M for the next quarter, whereas the lowest estimate is $167.3M.
A total of 5 analysts have provided revenue estimates for GRPN’s current fiscal year. The highest revenue estimate was $662.67M, while the lowest revenue estimate was $627.8M, resulting in an average revenue estimate of $642.52M. In the same quarter a year ago, actual revenue was $967.11M, down -33.60% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $666.23M in the next fiscal year. The high estimate is $698M and the low estimate is $647.46M. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.