Wall Street analysts expect Quotient Technology Inc (NYSE:QUOT) to announce earnings of $0.05 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Quotient Technology’s earnings. Quotient Technology reported earnings per share of ($0.03) during the same quarter last year, which would suggest a positive year-over-year growth rate of 266.7%. The company is expected to issue its next earnings results on Wednesday, November 7th.

According to Zacks, analysts expect that Quotient Technology will report full-year earnings of $0.17 per share for the current financial year, with EPS estimates ranging from $0.16 to $0.18. For the next financial year, analysts expect that the company will post earnings of $0.45 per share, with EPS estimates ranging from $0.33 to $0.57. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Quotient Technology.

Quotient Technology (NYSE:QUOT) last posted its quarterly earnings results on Tuesday, July 31st. The technology company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.02). The business had revenue of $89.55 million for the quarter, compared to the consensus estimate of $88.44 million. Quotient Technology had a negative return on equity of 4.00% and a negative net margin of 6.45%.

QUOT has been the subject of a number of recent research reports. Royal Bank of Canada downgraded shares of Quotient Technology from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 1st. ValuEngine raised shares of Quotient Technology from a “hold” rating to a “buy” rating in a research note on Friday, July 20th. Finally, Zacks Investment Research downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $18.00.

In other Quotient Technology news, insider Steven R. Boal sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $13.55, for a total value of $677,500.00. Following the completion of the sale, the insider now owns 3,312,653 shares of the company’s stock, valued at $44,886,448.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 150,000 shares of company stock valued at $2,083,000 in the last ninety days. Insiders own 9.50% of the company’s stock.

Several hedge funds have recently modified their holdings of QUOT. Elk Creek Partners LLC increased its position in shares of Quotient Technology by 26.2% during the first quarter. Elk Creek Partners LLC now owns 2,814,940 shares of the technology company’s stock worth $36,876,000 after acquiring an additional 583,941 shares in the last quarter. BlackRock Inc. increased its position in shares of Quotient Technology by 10.7% during the second quarter. BlackRock Inc. now owns 5,149,850 shares of the technology company’s stock worth $67,464,000 after acquiring an additional 498,152 shares in the last quarter. Fiera Capital Corp bought a new stake in shares of Quotient Technology during the first quarter worth $5,829,000. Unterberg Capital LLC bought a new stake in shares of Quotient Technology during the first quarter worth $3,930,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Quotient Technology during the first quarter worth $2,611,000. 76.58% of the stock is owned by institutional investors.

QUOT opened at $14.35 on Wednesday. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.39. The company has a market cap of $1.36 billion, a P/E ratio of -110.38 and a beta of -0.15. Quotient Technology has a fifty-two week low of $10.35 and a fifty-two week high of $17.85.

Quotient Technology Company Profile

Quotient Technology Inc provides digital marketing platform that offers digital coupons and media solutions to consumer packaged goods (CPGs) brands, retailers, and shoppers in the United States. The company operates its platform across various distribution networks, reaching approximately 60 million shoppers, including the app and Website of its flagship consumer brand, Coupons.com, other owned and operated properties, and various publisher partners.

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Earnings History and Estimates for Quotient Technology (NYSE:QUOT)

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