Groupon (NASDAQ:GRPN) Releases Earnings Results, Misses Estimates By $1.41 EPS

Groupon (NASDAQ:GRPN) posted its quarterly earnings results on Tuesday. The coupon company reported ($1.20) EPS for the quarter, missing the consensus estimate of $0.21 by ($1.41), Zacks reports. Groupon had a net margin of 3.87% and a return on equity of 91.94%.

Groupon Price Performance

NASDAQ GRPN traded down $0.06 on Tuesday, reaching $9.77. 2,563,301 shares of the stock traded hands, compared to its average volume of 892,620. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 5.66. The firm’s fifty day simple moving average is $11.46 and its 200 day simple moving average is $11.08. Groupon has a 12 month low of $7.75 and a 12 month high of $19.56. The company has a market cap of $388.53 million, a price-to-earnings ratio of 19.16 and a beta of 1.41.

Analyst Ratings Changes

Several equities analysts have recently commented on GRPN shares. Northland Securities lowered their target price 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 lowered their price objective on Groupon from $11.00 to $8.00 and set a “sell” rating for the company in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.00.

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.