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Groupon (GRPN) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest close session, Groupon (GRPN - Free Report) was down 9.01% at $25.41. This change lagged the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
Prior to today's trading, shares of the online daily deal service had gained 52.4% outpaced the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 0.42%.
Analysts and investors alike will be keeping a close eye on the performance of Groupon in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.08, reflecting a 117.39% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $127.42 million, indicating a 1.37% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.17 per share and a revenue of $519.48 million, signifying shifts of +91.75% and +4.23%, respectively, from the last year.
Any recent changes to analyst estimates for Groupon should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 34.21% fall in the Zacks Consensus EPS estimate. Groupon is currently sporting 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 158, placing it within the bottom 36% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Groupon (GRPN) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Groupon (GRPN - Free Report) was down 9.01% at $25.41. This change lagged the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
Prior to today's trading, shares of the online daily deal service had gained 52.4% outpaced the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 0.42%.
Analysts and investors alike will be keeping a close eye on the performance of Groupon in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.08, reflecting a 117.39% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $127.42 million, indicating a 1.37% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.17 per share and a revenue of $519.48 million, signifying shifts of +91.75% and +4.23%, respectively, from the last year.
Any recent changes to analyst estimates for Groupon should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 34.21% fall in the Zacks Consensus EPS estimate. Groupon is currently sporting 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 158, placing it within the bottom 36% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.