Media headlines about Groupon (NASDAQ:GRPN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Groupon earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news coverage about the coupon company an impact score of 45.3889856899404 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Groupon Inc (NASDAQ:GRPN) Adds New Local Experiences With Viator Association (financialstrend.com)
- Why Groupon, Inc. Stock Rose 17.1% in September (fool.com)
- An Initial $1.3 Million In Capital To Support Small Businesses Impacted By Recent Hurricanes (finance.yahoo.com)
- Groupon inks deal with Viator to add experiences (finance.yahoo.com)
- Groupon Establishes Small Business Recovery Fund in Wake of Recent Hurricanes (finance.yahoo.com)
A number of research analysts have recently commented on GRPN shares. B. Riley restated a “buy” rating and issued a $5.50 price target on shares of Groupon in a report on Thursday, August 3rd. DA Davidson started coverage on shares of Groupon in a report on Friday, September 22nd. They issued a “buy” rating and a $5.00 price target on the stock. Morgan Stanley restated an “underweight” rating and issued a $3.20 price target (down from $3.50) on shares of Groupon in a report on Wednesday, July 26th. Piper Jaffray Companies restated an “overweight” rating and issued a $5.50 price target on shares of Groupon in a report on Wednesday, June 28th. Finally, Barclays PLC restated an “underweight” rating and issued a $3.85 price target (up from $3.40) on shares of Groupon in a report on Thursday, August 3rd. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. Groupon currently has a consensus rating of “Hold” and an average price target of $4.58.
Shares of Groupon (NASDAQ:GRPN) opened at 4.99 on Wednesday. The stock’s market capitalization is $2.77 billion. Groupon has a 52-week low of $2.90 and a 52-week high of $5.38. The firm’s 50 day moving average is $4.56 and its 200 day moving average is $3.87.
Groupon (NASDAQ:GRPN) last announced its quarterly earnings data on Wednesday, August 2nd. The coupon company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.06. Groupon had a negative return on equity of 13.08% and a negative net margin of 4.16%. The business had revenue of $662.60 million during the quarter, compared to the consensus estimate of $668.84 million. During the same period in the previous year, the company posted ($0.01) earnings per share. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. Equities analysts expect that Groupon will post $0.12 earnings per share for the current year.
In other news, CAO Brian Stevens sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $4.04, for a total transaction of $40,400.00. Following the completion of the transaction, the chief accounting officer now directly owns 215,696 shares of the company’s stock, valued at $871,411.84. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James Sullivan sold 25,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $4.90, for a total value of $122,500.00. Following the transaction, the insider now directly owns 353,524 shares of the company’s stock, valued at $1,732,267.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,872,719 shares of company stock valued at $12,375,267. Corporate insiders own 23.40% of the company’s stock.
Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).
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