Market Momentum: Groupon Inc (GRPN) Registers a 0.80 Increase, Closing at 33.9

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

Groupon Inc (NASDAQ: GRPN) closed the day trading at $33.9 up 0.80% from the previous closing price of $33.63. In other words, the price has increased by $0.80 from its previous closing price. On the day, 0.65 million shares were traded. GRPN stock price reached its highest trading level at $34.5 during the session, while it also had its lowest trading level at $33.34.

Ratios:

For a better understanding of GRPN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 5.56 whereas as Long-Term Debt/Eq ratio is at 4.32.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on July 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $22.

On October 13, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $30.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 ’24 when Harinstein Jason bought 15,000 shares for $10.61 per share. The transaction valued at 159,150 led to the insider holds 55,658 shares of the business.

Bass Robert J sold 4,583 shares of GRPN for $52,017 on Aug 05 ’24. The Director now owns 104,731 shares after completing the transaction at $11.35 per share. On Aug 05 ’24, another insider, ROBERT BASS, who serves as the Director of the company, bought 4,583 shares for $11.35 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRPN now has a Market Capitalization of 1349765888 and an Enterprise Value of 1357954944. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 29.68. Its current Enterprise Value per Revenue stands at 2.79 whereas that against EBITDA is -6435.805.

Stock Price History:

The Beta on a monthly basis for GRPN is 1.15, which has changed by 0.8854283 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, GRPN has reached a high of $41.26, while it has fallen to a 52-week low of $7.75. The 50-Day Moving Average of the stock is 11.98%, while the 200-Day Moving Average is calculated to be 100.50%.

Shares Statistics:

Over the past 3-months, GRPN traded about 1.66M shares per day on average, while over the past 10 days, GRPN traded about 964640 shares per day. A total of 39.81M shares are outstanding, with a floating share count of 21.10M. Insiders hold about 47.01% of the company’s shares, while institutions hold 52.03% stake in the company. Shares short for GRPN as of 1749772800 were 7891981 with a Short Ratio of 5.27, compared to 1747267200 on 7643650. Therefore, it implies a Short% of Shares Outstanding of 7891981 and a Short% of Float of 30.740000000000002.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The current rating of Groupon Inc (GRPN) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.04 and $0.04 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.22, with 1.0 analysts recommending between $0.22 and $0.22.

Revenue Estimates

3 analysts predict $122.46M in revenue for the current quarter. It ranges from a high estimate of $122.99M to a low estimate of $121.61M. As of the current estimate, Groupon Inc’s year-ago sales were $124.61MFor the next quarter, 3 analysts are estimating revenue of $121.31M. There is a high estimate of $124.95M for the next quarter, whereas the lowest estimate is $118.43M.

A total of 3 analysts have provided revenue estimates for GRPN’s current fiscal year. The highest revenue estimate was $505.01M, while the lowest revenue estimate was $496.95M, resulting in an average revenue estimate of $499.71M. In the same quarter a year ago, actual revenue was $492.56MBased on 4 analysts’ estimates, the company’s revenue will be $536.35M in the next fiscal year. The high estimate is $569.18M and the low estimate is $524M.

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