Groupon Inc (NASDAQ:GRPN) has received an average rating of “Hold” from the nine analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $4.48.

GRPN has been the subject of a number of research analyst reports. ValuEngine raised shares of Groupon from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Zacks Investment Research raised shares of Groupon from a “sell” rating to a “hold” rating in a report on Tuesday, March 26th. BidaskClub raised shares of Groupon from a “sell” rating to a “hold” rating in a report on Saturday, March 30th. Finally, Goldman Sachs Group initiated coverage on shares of Groupon in a report on Monday, February 4th. They issued a “neutral” rating and a $3.50 target price for the company.

In other 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 transaction of $9,990,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 16.90% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of Montreal Can boosted its position in Groupon by 130.6% during the fourth quarter. Bank of Montreal Can now owns 9,326 shares of the coupon company’s stock worth $30,000 after acquiring an additional 5,281 shares during the last quarter. Brighton Jones LLC acquired a new stake in Groupon during the first quarter worth approximately $38,000. Moors & Cabot Inc. acquired a new stake in Groupon during the first quarter worth approximately $40,000. Quinn Opportunity Partners LLC acquired a new stake in Groupon during the fourth quarter worth approximately $41,000. Finally, Marathon Trading Investment Management LLC acquired a new stake in Groupon during the fourth quarter worth approximately $47,000. 69.79% of the stock is owned by institutional investors and hedge funds.

NASDAQ GRPN traded down $0.12 during trading hours on Monday, hitting $3.40. 3,791,891 shares of the stock were exchanged, compared to its average volume of 5,312,168. The stock has a market capitalization of $1.93 billion, a P/E ratio of 37.78, a P/E/G ratio of 7.90 and a beta of 1.44. Groupon has a 12-month low of $2.80 and a 12-month high of $5.52. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.60.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings results on Tuesday, April 30th. The coupon company reported $0.01 earnings per share (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 firm had revenue of $578.40 million during the quarter, compared to analysts’ expectations of $552.97 million. During the same period in the prior year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. On average, equities research analysts expect that Groupon will post 0.07 earnings per share for the current fiscal year.

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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Analyst Recommendations for Groupon (NASDAQ:GRPN)

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