Opinion

Groupon, Inc. (NASDAQ:GRPN) Analyst Estimates

Groupon, Inc. (NASDAQ:GRPN) stock is presently standing at about $3.97 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 16 analysts covering the company is $5.00, which suggests the stock could still rise over 21 percent. The highest analyst price target is $6.50, which implies a rally of 36 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 0 rate GRPN a strong buy. There are 12 equity research firms advocating a Hold and 0 consider it Sell.

Wedbush analysts provided their view on Groupon, Inc. (NASDAQ:GRPN) recently. The rating firm issued a Neutral rating to this company in a research note released on Feb 16, 2017. Wedbush analysts disclosed their opinion on Groupon, Inc. (NASDAQ:GRPN) recently. The rating firm gave a Outperform rating to this stock in a research note published on Oct 17, 2016. According to a research note disclosed on Jul 18, 2016, analysts at Piper Jaffray have upped their rating on these shares from Neutral to Overweight.

Groupon, Inc. (NASDAQ:GRPN) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director BARRIS PETER J sold 187,386 company shares for 787020, in a transaction on 2017-03-02. Following the transaction, the Director is left with a stake of 15,651,740 shares, currently valued at $62137408. Meanwhile, Director BARRIS PETER J sold 93,968 shares worth $400300, through a transaction dated 2017-02-28. Following the completion of the transaction, the insider is left with a stake of 15,839,126 shares, amounting $62881330.22. GRPN General Counsel and Secretary Drobny Dane A also sold 37,176 shares, at a stock price of $4.68. This transaction occurred on 2017-02-22 totals $173980. After this transaction, the insider’s stake stands at 386,411 shares, with a market value of $1534052.

Executives hold 2.24 percent of the stock. Mr. Rich Williams is one of the biggest insider owners in Groupon, Inc. (NASDAQ:GRPN), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 1,514,187 shares which have current market value of around $6011322.39.Eric P. Lefkofsky is another major inside shareholder in the company. The insider owns 1,483,690 shares as of 0.26%, currently worth $5890249.3. Mr. Theodore (Ted) J. Leonsis is ranked as third insider holder of the stock. This insider holds 883,820 shares with a market value around $3508765.4 as of recent close.

Groupon, Inc. (NASDAQ:GRPN) Earnings Outlook

In Groupon, Inc. (NASDAQ:GRPN)’s latest quarter, EPS moved to $0.07 from $-0.01 in preceding quarter and revenues reached at $934.89M compared to $720.47M. Analysts had expected Groupon, Inc. (NASDAQ:GRPN) to post net income of about $0.02 per share on $912.77M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.05 to $0.03. That is compared with the $-0.01 in EPS it reported during the same period a year ago.

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