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Groupon (GRPN) Declines More Than Market: Some Information for Investors
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Groupon (GRPN - Free Report) ended the recent trading session at $22.60, demonstrating a -1.22% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.05%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 0.24%.
The online daily deal service's shares have seen an increase of 7.92% over the last month, surpassing the Retail-Wholesale sector's loss of 7.87% and the S&P 500's loss of 1.42%.
The investment community will be paying close attention to the earnings performance of Groupon in its upcoming release. The company is expected to report EPS of -$0.07, down 115.22% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $127.42 million, up 1.37% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.16 per share and revenue of $519.48 million, which would represent changes of +92.23% and +4.23%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Groupon. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 840% lower within the past month. As of now, Groupon holds a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 150, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.
View the Zacks #1 Rank List
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Groupon (GRPN) Declines More Than Market: Some Information for Investors
Groupon (GRPN - Free Report) ended the recent trading session at $22.60, demonstrating a -1.22% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.05%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 0.24%.
The online daily deal service's shares have seen an increase of 7.92% over the last month, surpassing the Retail-Wholesale sector's loss of 7.87% and the S&P 500's loss of 1.42%.
The investment community will be paying close attention to the earnings performance of Groupon in its upcoming release. The company is expected to report EPS of -$0.07, down 115.22% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $127.42 million, up 1.37% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.16 per share and revenue of $519.48 million, which would represent changes of +92.23% and +4.23%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Groupon. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 840% lower within the past month. As of now, Groupon holds a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 150, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.