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 Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Groupon (GRPN - Free Report) closed the most recent trading day at $11.49, moving -4.01% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.62% for the day. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 0.83%.
Shares of the online daily deal service witnessed a gain of 8.03% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 0.96%, and the S&P 500's gain of 0.8%.
Investors will be eagerly watching for the performance of Groupon in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.02, marking a 111.11% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $117.26 million, up 0.06% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.28 per share and revenue of $514.72 million, indicating changes of +113.59% and +3.27%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Groupon. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 58.5% downward. Groupon presently features a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 43.26. This expresses a premium compared to the average Forward P/E of 16.2 of its industry.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 164, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Groupon (GRPN) Stock Slides as Market Rises: Facts to Know Before You Trade
Groupon (GRPN - Free Report) closed the most recent trading day at $11.49, moving -4.01% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.62% for the day. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 0.83%.
Shares of the online daily deal service witnessed a gain of 8.03% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 0.96%, and the S&P 500's gain of 0.8%.
Investors will be eagerly watching for the performance of Groupon in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.02, marking a 111.11% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $117.26 million, up 0.06% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.28 per share and revenue of $514.72 million, indicating changes of +113.59% and +3.27%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Groupon. These latest adjustments often mirror the shifting dynamics of short-term business patterns. 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. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 58.5% downward. Groupon presently features a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 43.26. This expresses a premium compared to the average Forward P/E of 16.2 of its industry.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 164, placing it within the bottom 33% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.