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 - Free Report) ended the recent trading session at $12.92, demonstrating a +2.62% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.8%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 1.6%.
Shares of the online daily deal service witnessed a gain of 16.57% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 7.22%, and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company's upcoming EPS is projected at -$0.02, signifying a 111.11% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $117.26 million, indicating a 0.06% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.28 per share and revenue of $514.72 million. These totals would mark changes of +113.59% and +3.27%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Groupon. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 20.19% lower. At present, Groupon boasts a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 45.51. For comparison, its industry has an average Forward P/E of 16.58, which means Groupon is trading at a premium to the group.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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.
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.
Image: Bigstock
Groupon (GRPN) Laps the Stock Market: Here's Why
Groupon (GRPN - Free Report) ended the recent trading session at $12.92, demonstrating a +2.62% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.8%. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 1.6%.
Shares of the online daily deal service witnessed a gain of 16.57% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 7.22%, and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company's upcoming EPS is projected at -$0.02, signifying a 111.11% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $117.26 million, indicating a 0.06% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.28 per share and revenue of $514.72 million. These totals would mark changes of +113.59% and +3.27%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Groupon. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 20.19% lower. At present, Groupon boasts a Zacks Rank of #4 (Sell).
Looking at valuation, Groupon is presently trading at a Forward P/E ratio of 45.51. For comparison, its industry has an average Forward P/E of 16.58, which means Groupon is trading at a premium to the group.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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.