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Groupon (GRPN) Stock Drops Despite Market Gains: Important Facts to Note
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Groupon (GRPN - Free Report) closed the most recent trading day at $33.21, moving -3.01% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.18%.
The online daily deal service's stock has dropped by 4.2% in the past month, falling short of the Retail-Wholesale sector's gain of 5.27% and the S&P 500's gain of 5.71%.
The investment community will be paying close attention to the earnings performance of Groupon in its upcoming release. The company is predicted to post an EPS of -$0.02, indicating constancy compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $122.86 million, down 1.41% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $0.3 per share and a revenue of $500.25 million, demonstrating changes of +119.87% and +1.56%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Groupon. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Groupon is carrying a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Groupon is currently exchanging hands at a Forward P/E ratio of 112.88. This represents a premium compared to its industry average Forward P/E of 23.1.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 67, putting it in the top 28% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Groupon (GRPN) Stock Drops Despite Market Gains: Important Facts to Note
Groupon (GRPN - Free Report) closed the most recent trading day at $33.21, moving -3.01% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.18%.
The online daily deal service's stock has dropped by 4.2% in the past month, falling short of the Retail-Wholesale sector's gain of 5.27% and the S&P 500's gain of 5.71%.
The investment community will be paying close attention to the earnings performance of Groupon in its upcoming release. The company is predicted to post an EPS of -$0.02, indicating constancy compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $122.86 million, down 1.41% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $0.3 per share and a revenue of $500.25 million, demonstrating changes of +119.87% and +1.56%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Groupon. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Groupon is carrying a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Groupon is currently exchanging hands at a Forward P/E ratio of 112.88. This represents a premium compared to its industry average Forward P/E of 23.1.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 67, putting it in the top 28% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.