Groupon (GRPN) Projected to Post Quarterly Earnings on Friday

Groupon (NASDAQ:GRPN) is projected to issue its quarterly earnings data before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $127.74 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Groupon Stock Up 6.3 %

Shares of NASDAQ GRPN opened at $14.86 on Friday. Groupon has a 1 year low of $7.75 and a 1 year high of $18.74. The firm has a 50-day simple moving average of $11.45 and a two-hundred day simple moving average of $11.07. The company has a market cap of $590.95 million, a P/E ratio of 29.14 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 dropped their price objective on Groupon from $11.00 to $8.00 and set a “sell” rating for the company in a report on Thursday, November 14th. One equities 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 given a strong buy rating to the company. According to MarketBeat, Groupon presently has a consensus 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.