Shares of Quotient Technology Inc (NYSE:QUOT) have received an average recommendation of “Hold” from the eleven research firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $18.14.

A number of equities analysts recently commented on the company. BidaskClub lowered Quotient Technology from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. Dougherty & Co reissued a “buy” rating and set a $20.00 price target (up from $16.00) on shares of Quotient Technology in a research note on Wednesday, October 4th. Bank of America reissued a “neutral” rating and set a $20.00 price target (up from $15.00) on shares of Quotient Technology in a research note on Tuesday, October 10th. First Analysis assumed coverage on Quotient Technology in a research note on Monday, October 9th. They set an “overweight” rating and a $21.00 price target for the company. Finally, Zacks Investment Research lowered Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th.

In other news, Director David E. Siminoff sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $15.52, for a total value of $124,160.00. Following the completion of the sale, the director now directly owns 3,000 shares of the company’s stock, valued at approximately $46,560. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrew J. Gessow acquired 5,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was bought at an average cost of $12.25 per share, with a total value of $61,250.00. The disclosure for this purchase can be found here. 11.46% of the stock is currently owned by corporate insiders.

Several large investors have recently bought and sold shares of QUOT. BNP Paribas Arbitrage SA lifted its stake in shares of Quotient Technology by 595.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,449 shares of the technology company’s stock valued at $109,000 after purchasing an additional 8,091 shares during the last quarter. Wedbush Securities Inc. bought a new stake in shares of Quotient Technology in the 3rd quarter valued at approximately $160,000. Principal Financial Group Inc. lifted its stake in shares of Quotient Technology by 15.3% during the 2nd quarter. Principal Financial Group Inc. now owns 14,274 shares of the technology company’s stock worth $164,000 after acquiring an additional 1,889 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in shares of Quotient Technology by 116.7% during the 3rd quarter. Great West Life Assurance Co. Can now owns 11,269 shares of the technology company’s stock worth $175,000 after acquiring an additional 6,069 shares during the last quarter. Finally, Balyasny Asset Management LLC bought a new stake in shares of Quotient Technology during the 2nd quarter worth approximately $184,000. 72.35% of the stock is owned by institutional investors and hedge funds.

Quotient Technology (NYSE:QUOT) traded up $0.15 during trading hours on Friday, hitting $11.80. The company had a trading volume of 332,502 shares, compared to its average volume of 564,692. Quotient Technology has a 12-month low of $9.10 and a 12-month high of $17.85. The stock has a market capitalization of $1,090.00, a PE ratio of -69.41, a P/E/G ratio of 5.08 and a beta of -0.13.

Quotient Technology (NYSE:QUOT) last released its earnings results on Wednesday, November 1st. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.10). Quotient Technology had a negative return on equity of 4.96% and a negative net margin of 5.17%. The business had revenue of $81.95 million for the quarter, compared to analysts’ expectations of $83.24 million. During the same quarter in the prior year, the business posted ($0.13) EPS. The business’s revenue for the quarter was up 23.3% compared to the same quarter last year. equities analysts forecast that Quotient Technology will post -0.22 EPS for the current fiscal year.

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About Quotient Technology

Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.

Analyst Recommendations for Quotient Technology (NYSE:QUOT)

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