We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Groupon (GRPN) Stock Drops Despite Market Gains: Important Facts to Note
Read MoreHide Full Article
In the latest close session, Groupon (GRPN - Free Report) was down 2.11% at $13.01. This change lagged the S&P 500's 0.47% gain on the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.9%.
Shares of the online daily deal service witnessed a loss of 19.41% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.03%, and the S&P 500's loss of 0.16%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company is forecasted to report an EPS of $0.19, showcasing a 115.83% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $137.94 million, up 5.8% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$2.09 per share and a revenue of $503.65 million, demonstrating changes of -38.41% and +2.25%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Groupon. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.29% decrease. Groupon is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Groupon has a Forward P/E ratio of 17.96 right now. This valuation marks a premium compared to its industry average Forward P/E of 14.98.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 158, finds itself in the bottom 36% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GRPN in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Groupon (GRPN) Stock Drops Despite Market Gains: Important Facts to Note
In the latest close session, Groupon (GRPN - Free Report) was down 2.11% at $13.01. This change lagged the S&P 500's 0.47% gain on the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.9%.
Shares of the online daily deal service witnessed a loss of 19.41% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.03%, and the S&P 500's loss of 0.16%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company is forecasted to report an EPS of $0.19, showcasing a 115.83% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $137.94 million, up 5.8% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of -$2.09 per share and a revenue of $503.65 million, demonstrating changes of -38.41% and +2.25%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Groupon. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.29% decrease. Groupon is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Groupon has a Forward P/E ratio of 17.96 right now. This valuation marks a premium compared to its industry average Forward P/E of 14.98.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 158, finds itself in the bottom 36% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GRPN in the coming trading sessions, be sure to utilize Zacks.com.