Zacks Research Estimates Groupon FY2024 Earnings

Groupon, Inc. (NASDAQ:GRPN - Free Report) - Investment analysts at Zacks Research issued their FY2024 earnings estimates for shares of Groupon in a note issued to investors on Tuesday, December 3rd. Zacks Research analyst R. Department expects that the coupon company will post earnings per share of ($0.36) for the year. The consensus estimate for Groupon's current full-year earnings is ($0.29) per share. Zacks Research also issued estimates for Groupon's Q4 2024 earnings at ($0.11) EPS, Q1 2025 earnings at ($0.28) EPS, Q2 2025 earnings at ($0.25) EPS, Q3 2025 earnings at ($0.19) EPS, Q4 2025 earnings at ($0.10) EPS, FY2025 earnings at ($0.82) EPS, Q1 2026 earnings at ($0.27) EPS, Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at $0.00 EPS and FY2026 earnings at ($0.56) EPS.

Groupon (NASDAQ:GRPN - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The coupon company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.58. The firm had revenue of $114.48 million for the quarter, compared to analysts' expectations of $119.02 million. Groupon had a net margin of 3.87% and a return on equity of 91.94%. During the same quarter last year, the business posted ($0.22) earnings per share.

Several other equities analysts have also recently weighed in on the company. Northland Securities cut their price target on Groupon from $20.00 to $17.00 and set an "outperform" rating for the company in a report on Wednesday, November 13th. The Goldman Sachs Group decreased their price target on shares of Groupon from $11.00 to $8.00 and set a "sell" rating on the stock in a research note on Thursday, November 14th. Finally, Roth Mkm reissued a "buy" rating and issued a $26.00 price objective on shares of Groupon in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $17.00.

Groupon Price Performance

Shares of GRPN stock traded up $1.34 during trading hours on Friday, hitting $12.95. The stock had a trading volume of 2,992,131 shares, compared to its average volume of 1,304,835. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market capitalization of $515.00 million, a price-to-earnings ratio of 25.57 and a beta of 1.72. Groupon has a one year low of $7.75 and a one year high of $19.56. The stock's 50-day moving average price is $10.02 and its two-hundred day moving average price is $12.70.

Institutional Trading of Groupon

Several hedge funds and other institutional investors have recently bought and sold shares of GRPN. Hennessy Advisors Inc. bought a new position in Groupon during the second quarter valued at $10,884,000. Assenagon Asset Management S.A. raised its position in Groupon by 259.3% in the 2nd quarter. Assenagon Asset Management S.A. now owns 191,514 shares of the coupon company's stock worth $2,930,000 after purchasing an additional 138,218 shares during the period. State Street Corp lifted its stake in Groupon by 19.2% in the third quarter. State Street Corp now owns 710,942 shares of the coupon company's stock worth $6,953,000 after purchasing an additional 114,400 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Groupon by 591.4% in the second quarter. Cubist Systematic Strategies LLC now owns 123,727 shares of the coupon company's stock worth $1,893,000 after purchasing an additional 105,832 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Groupon during the second quarter valued at approximately $1,463,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

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.