Piper Jaffray Companies reiterated their buy rating on shares of Groupon, Inc. (NASDAQ:GRPN) in a report published on Monday morning. They currently have a $6.25 price target on the coupon company’s stock.

A number of other research firms have also weighed in on GRPN. B. Riley reaffirmed a buy rating and set a $5.50 target price on shares of Groupon in a report on Thursday, August 3rd. Cowen and Company raised shares of Groupon from an underperform rating to a market perform rating and upped their target price for the stock from $2.90 to $5.38 in a report on Monday, October 16th. Zacks Investment Research raised shares of Groupon from a hold rating to a strong-buy rating and set a $6.25 target price on the stock in a report on Monday, November 6th. Jefferies Group LLC reaffirmed a hold rating and set a $4.00 target price on shares of Groupon in a report on Thursday, October 19th. Finally, DA Davidson initiated coverage on shares of Groupon in a report on Friday, September 22nd. They set a buy rating and a $5.00 target price on the stock. Seven investment analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Groupon presently has a consensus rating of Hold and a consensus price target of $4.94.

Groupon (NASDAQ GRPN) traded up $0.04 during midday trading on Monday, hitting $5.51. 4,787,700 shares of the stock traded hands, compared to its average volume of 8,700,479. Groupon has a one year low of $2.90 and a one year high of $5.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.86 and a current ratio of 0.86.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings results on Wednesday, November 1st. The coupon company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $634.46 million for the quarter, compared to analyst estimates of $642.62 million. Groupon had a negative net margin of 2.97% and a negative return on equity of 1.47%. The company’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. research analysts predict that Groupon will post -0.02 earnings per share for the current fiscal year.

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In other Groupon news, insider James Sullivan sold 25,000 shares of the stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $4.90, for a total transaction of $122,500.00. Following the completion of the sale, the insider now owns 353,524 shares of the company’s stock, valued at approximately $1,732,267.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Brian Stevens sold 10,000 shares of the stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $4.04, for a total transaction of $40,400.00. Following the sale, the chief accounting officer now directly owns 215,696 shares of the company’s stock, valued at approximately $871,411.84. The disclosure for this sale can be found here. Insiders sold a total of 2,310,000 shares of company stock valued at $10,180,150 in the last ninety days. 23.40% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Aperio Group LLC boosted its position in Groupon by 4.6% during the 2nd quarter. Aperio Group LLC now owns 28,844 shares of the coupon company’s stock valued at $111,000 after buying an additional 1,268 shares during the period. Suntrust Banks Inc. boosted its position in Groupon by 2.0% during the 2nd quarter. Suntrust Banks Inc. now owns 65,767 shares of the coupon company’s stock valued at $252,000 after buying an additional 1,272 shares during the period. Voya Investment Management LLC boosted its position in Groupon by 1.9% during the 2nd quarter. Voya Investment Management LLC now owns 152,428 shares of the coupon company’s stock valued at $585,000 after buying an additional 2,911 shares during the period. Balyasny Asset Management LLC boosted its position in Groupon by 1.4% during the 2nd quarter. Balyasny Asset Management LLC now owns 416,325 shares of the coupon company’s stock valued at $1,599,000 after buying an additional 5,821 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Groupon by 14.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 58,487 shares of the coupon company’s stock valued at $225,000 after buying an additional 7,407 shares during the period. 55.44% of the stock is owned by institutional investors and hedge funds.

Groupon Company Profile

Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).

Analyst Recommendations for Groupon (NASDAQ:GRPN)

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