Groupon Inc (NASDAQ:GRPN) has been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $4.73.

Several equities research analysts recently commented on GRPN shares. ValuEngine raised shares of Groupon from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. Zacks Investment Research raised shares of Groupon from a “sell” rating to a “hold” rating in a research report on Tuesday, March 26th. BidaskClub raised shares of Groupon from a “sell” rating to a “hold” rating in a research report on Saturday, March 30th. Finally, Goldman Sachs Group started coverage on shares of Groupon in a research report on Monday, February 4th. They issued a “neutral” rating and a $3.50 price objective on the stock.

In related news, Director Eric P. Lefkofsky sold 3,000,000 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $3.33, for a total value of $9,990,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 16.90% of the company’s stock.

A number of large investors have recently modified their holdings of GRPN. Bank of New York Mellon Corp lifted its position in Groupon by 13.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,735,537 shares of the coupon company’s stock worth $7,463,000 after buying an additional 200,635 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Groupon by 10.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,085,217 shares of the coupon company’s stock worth $26,710,000 after buying an additional 681,119 shares in the last quarter. Blair William & Co. IL bought a new stake in Groupon during the 3rd quarter worth about $218,000. Stevens Capital Management LP lifted its position in Groupon by 240.3% during the 3rd quarter. Stevens Capital Management LP now owns 58,182 shares of the coupon company’s stock worth $219,000 after buying an additional 41,086 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Groupon during the 3rd quarter worth about $1,922,000. 69.48% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ GRPN opened at $3.56 on Thursday. The firm has a market cap of $1.98 billion, a PE ratio of 39.56, a PEG ratio of 16.95 and a beta of 1.47. Groupon has a twelve month low of $2.80 and a twelve month high of $5.52. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.53.

Groupon (NASDAQ:GRPN) last announced its quarterly earnings results on Tuesday, February 12th. The coupon company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $799.93 million for the quarter, compared to the consensus estimate of $782.54 million. Groupon had a positive return on equity of 17.33% and a negative net margin of 0.42%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 earnings per share. As a group, equities analysts anticipate 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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