Zacks Research Predicts Groupon FY2024 Earnings

Groupon, Inc. (NASDAQ:GRPN) – Zacks Research issued their FY2024 EPS estimates for shares of Groupon in a research report issued to clients and investors on Tuesday, December 3rd. Zacks Research analyst R. Department anticipates 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 ($0.31) 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) last released its quarterly earnings results on Tuesday, November 12th. The coupon company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.58. Groupon had a return on equity of 91.94% and a net margin of 3.87%. The business had revenue of $114.48 million for the quarter, compared to the consensus estimate of $119.02 million. 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. The Goldman Sachs Group lowered their price target on Groupon from $11.00 to $8.00 and set a “sell” rating on the stock in a report on Thursday, November 14th. Northland Securities reduced their price objective on Groupon from $20.00 to $17.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th. Finally, Roth Mkm reissued a “buy” rating and issued a $26.00 target price on shares of Groupon in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $17.00.

Groupon Stock Performance

Shares of NASDAQ GRPN opened at $12.95 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. Groupon has a 1-year low of $7.75 and a 1-year high of $19.56. The stock has a market cap of $515.02 million, a price-to-earnings ratio of 25.39 and a beta of 1.72. The stock’s 50-day moving average is $10.08 and its 200 day moving average is $12.65.

Hedge Funds Weigh In On Groupon

A number of institutional investors have recently bought and sold shares of GRPN. Hennessy Advisors Inc. purchased a new stake in Groupon in the second quarter worth about $10,884,000. State Street Corp increased its holdings in Groupon by 19.2% in the 3rd quarter. State Street Corp now owns 710,942 shares of the coupon company’s stock worth $6,953,000 after acquiring an additional 114,400 shares in the last quarter. Geode Capital Management LLC increased its holdings in Groupon by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 566,612 shares of the coupon company’s stock worth $5,542,000 after acquiring an additional 1,498 shares in the last quarter. Prentice Capital Management LP raised its stake in Groupon by 17.7% during the 3rd quarter. Prentice Capital Management LP now owns 199,751 shares of the coupon company’s stock worth $1,954,000 after acquiring an additional 30,106 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in Groupon by 259.3% during the second quarter. Assenagon Asset Management S.A. now owns 191,514 shares of the coupon company’s stock valued at $2,930,000 after purchasing an additional 138,218 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

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.