Groupon (GRPN) Expected to Announce Quarterly Earnings on Friday

Groupon (NASDAQ:GRPN - Get Free Report) will likely be posting its quarterly earnings results 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. Investors that wish to listen to the company's conference call can do so using this link.

Groupon Trading Down 0.1 %

Shares of Groupon stock traded down $0.01 on Friday, hitting $14.85. 2,583,672 shares of the company's stock traded hands, compared to its average volume of 1,216,202. The company has a fifty day moving average of $11.56 and a two-hundred day moving average of $11.10. Groupon has a one year low of $7.75 and a one year high of $18.47. The company has a market capitalization of $590.55 million, a price-to-earnings ratio of 29.12 and a beta of 1.41. The company has a debt-to-equity ratio of 5.66, a current ratio of 0.93 and a quick ratio of 0.93.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lifted their price target on shares of Groupon from $8.00 to $9.00 and gave the company a "sell" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $17.33.

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.