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Groupon (GRPN) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest close session, Groupon (GRPN - Free Report) was down 6.01% at $10.47. This change lagged the S&P 500's daily loss of 1.67%. Meanwhile, the Dow lost 1.73%, and the Nasdaq, a tech-heavy index, lost 2.15%.
The online daily deal service's shares have seen a decrease of 13.31% over the last month, not keeping up with the Retail-Wholesale sector's loss of 4.2% and the S&P 500's loss of 6.15%.
The upcoming earnings release of Groupon will be of great interest to investors. The company's upcoming EPS is projected at $0, signifying a 100.00% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $117.26 million, reflecting a 0.06% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.35 per share and revenue of $514.72 million, indicating changes of +116.99% and +3.27%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Groupon. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 53.15% downward. As of now, Groupon holds a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 32.13. This valuation marks a premium compared to its industry average Forward P/E of 15.38.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 175, placing it within the bottom 29% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Groupon (GRPN) Suffers a Larger Drop Than the General Market: Key Insights
In the latest close session, Groupon (GRPN - Free Report) was down 6.01% at $10.47. This change lagged the S&P 500's daily loss of 1.67%. Meanwhile, the Dow lost 1.73%, and the Nasdaq, a tech-heavy index, lost 2.15%.
The online daily deal service's shares have seen a decrease of 13.31% over the last month, not keeping up with the Retail-Wholesale sector's loss of 4.2% and the S&P 500's loss of 6.15%.
The upcoming earnings release of Groupon will be of great interest to investors. The company's upcoming EPS is projected at $0, signifying a 100.00% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $117.26 million, reflecting a 0.06% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.35 per share and revenue of $514.72 million, indicating changes of +116.99% and +3.27%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Groupon. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 53.15% downward. As of now, Groupon holds a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 32.13. This valuation marks a premium compared to its industry average Forward P/E of 15.38.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 175, placing it within the bottom 29% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.