Wall Street analysts expect that Groupon Inc (NASDAQ:GRPN) will report earnings of $0.03 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Groupon’s earnings, with the highest EPS estimate coming in at $0.06 and the lowest estimate coming in at $0.00. Groupon posted earnings of $0.02 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The firm is expected to announce its next earnings report on Friday, August 2nd.

On average, analysts expect that Groupon will report full-year earnings of $0.23 per share for the current year, with EPS estimates ranging from $0.15 to $0.27. For the next financial year, analysts forecast that the firm will post earnings of $0.26 per share, with EPS estimates ranging from $0.18 to $0.30. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Groupon.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings results on Tuesday, April 30th. The coupon company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.05. Groupon had a negative net margin of 1.80% and a positive return on equity of 18.28%. The business had revenue of $578.40 million for the quarter, compared to analysts’ expectations of $552.97 million. During the same quarter last year, the company posted $0.03 earnings per share. The company’s quarterly revenue was down 7.7% compared to the same quarter last year.

Several equities research analysts recently weighed in on the stock. ValuEngine upgraded shares of Groupon from a “sell” rating to a “hold” rating in a research note on Tuesday, January 15th. Goldman Sachs Group assumed coverage on shares of Groupon in a research note on Monday, February 4th. They set a “neutral” rating and a $3.50 price objective on the stock. Zacks Investment Research lowered shares of Groupon from a “hold” rating to a “sell” rating in a research note on Monday, February 18th. Finally, BidaskClub lowered shares of Groupon from a “hold” rating to a “sell” rating in a research note on Saturday, February 23rd. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $4.32.

Shares of GRPN stock traded up $0.08 during trading hours on Tuesday, hitting $3.48. 1,903,120 shares of the company were exchanged, compared to its average volume of 5,277,045. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.02. Groupon has a one year low of $2.80 and a one year high of $5.52. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 38.67, a PEG ratio of 7.90 and a beta of 1.44.

In other Groupon news, Director Eric P. Lefkofsky sold 3,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $3.33, for a total value of $9,990,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.90% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Groupon by 8.0% during the third quarter. Vanguard Group Inc. now owns 39,015,392 shares of the coupon company’s stock worth $147,088,000 after buying an additional 2,895,875 shares in the last quarter. BlackRock Inc. boosted its holdings in Groupon by 3.0% during the fourth quarter. BlackRock Inc. now owns 30,525,983 shares of the coupon company’s stock worth $97,683,000 after buying an additional 899,030 shares in the last quarter. First Trust Advisors LP boosted its holdings in Groupon by 3.4% during the first quarter. First Trust Advisors LP now owns 21,068,354 shares of the coupon company’s stock worth $74,793,000 after buying an additional 694,590 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in Groupon by 19.5% during the third quarter. TIAA CREF Investment Management LLC now owns 11,461,128 shares of the coupon company’s stock worth $43,208,000 after buying an additional 1,871,669 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Groupon by 13.4% during the first quarter. Dimensional Fund Advisors LP now owns 9,880,117 shares of the coupon company’s stock worth $35,073,000 after buying an additional 1,168,512 shares in the last quarter. Institutional investors and hedge funds own 69.79% of the company’s stock.

About Groupon

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as discounted and market rates for hotel, airfare, and package deals.

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Earnings History and Estimates for Groupon (NASDAQ:GRPN)

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