Groupon (GRPN) Expected to Announce Earnings on Friday

Groupon (NASDAQ:GRPN) is anticipated to announce its earnings results before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $127.74 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Groupon Stock Performance

GRPN stock opened at $15.93 on Wednesday. The business has a 50 day moving average of $11.70 and a 200-day moving average of $11.10. Groupon has a 12-month low of $7.75 and a 12-month high of $18.47. The firm has a market cap of $634.19 million, a PE ratio of 31.24 and a beta of 1.41. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Ascendiant Capital Markets increased their price objective on Groupon from $14.00 to $19.00 and gave the company a “buy” rating in a report on Monday. The Goldman Sachs Group increased their price objective on Groupon from $8.00 to $9.00 and gave the company a “sell” rating in a report on Friday, March 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.75.

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.