Groupon (GRPN) Expected to Announce Earnings on Friday

Groupon (NASDAQ:GRPN) is expected to release its earnings data 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Groupon Stock Performance

Shares of Groupon stock opened at $15.93 on Wednesday. The company has a market cap of $634.19 million, a PE ratio of 31.24 and a beta of 1.41. Groupon has a 52 week low of $7.75 and a 52 week high of $18.47. The business has a 50 day moving average price of $11.70 and a 200-day moving average price of $11.10. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GRPN. The Goldman Sachs Group increased their price objective on Groupon from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Friday, March 14th. Ascendiant Capital Markets increased their price objective on Groupon from $14.00 to $19.00 and gave the stock a “buy” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.75.

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.