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Groupon (GRPN) Dips More Than Broader Market: What You Should Know
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In the latest close session, Groupon (GRPN - Free Report) was down 5.83% at $20.04. The stock's performance was behind the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.68%, and the Nasdaq, a tech-heavy index, lost 1.13%.
Heading into today, shares of the online daily deal service had gained 8.63% over the past month, outpacing the Retail-Wholesale sector's loss of 3.45% and the S&P 500's gain of 1.26%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company is expected to report EPS of -$0.01, up 99.66% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $129.41 million, indicating a 5.37% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.14 per share and revenue of $517.75 million. These totals would mark changes of +93.2% and +3.88%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Groupon. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Groupon is carrying a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 157, putting it in the bottom 37% of all 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.
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) Dips More Than Broader Market: What You Should Know
In the latest close session, Groupon (GRPN - Free Report) was down 5.83% at $20.04. The stock's performance was behind the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.68%, and the Nasdaq, a tech-heavy index, lost 1.13%.
Heading into today, shares of the online daily deal service had gained 8.63% over the past month, outpacing the Retail-Wholesale sector's loss of 3.45% and the S&P 500's gain of 1.26%.
The investment community will be closely monitoring the performance of Groupon in its forthcoming earnings report. The company is expected to report EPS of -$0.01, up 99.66% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $129.41 million, indicating a 5.37% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.14 per share and revenue of $517.75 million. These totals would mark changes of +93.2% and +3.88%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Groupon. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Groupon is carrying a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 157, putting it in the bottom 37% of all 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.