Groupon Inc. (NASDAQ:GRPN)’s traded shares stood at 0.37 million during the last session, with the company’s beta value hitting 2.68. At the close of trading, the stock’s price was $23.15, to imply a decrease of -0.39% or -$0.09 in intraday trading. The GRPN share’s 52-week high remains $64.69, putting it -179.44% down since that peak but still an impressive 19.91% since price per share fell to its 52-week low of $18.54. The company has a valuation of $661.86M, with an average of 0.75 million shares in intraday trading volume over the past 10 days and average of 1.13 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Hold for Groupon Inc. (GRPN), translating to a mean rating of 3.20. Of 7 analyst(s) looking at the stock, 2 analyst(s) give GRPN a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.07.
Groupon Inc. (NASDAQ:GRPN) trade information
After registering a -0.39% downside in the last session, Groupon Inc. (GRPN) has traded red over the past five days. The stock hit a weekly high of 23.80 this Friday, 10/08/21, dropping -0.39% in its intraday price action. The 5-day price performance for the stock is -1.74%, and 4.47% over 30 days. With these gigs, the year-to-date price performance is -39.07%. Short interest in Groupon Inc. (NASDAQ:GRPN) saw shorts transact 3.2 million shares and set a 5.19 days time to cover.
Analysts on Wall Street suggest a consensus price target of $34.08, implying an increase of 32.07% to the stock’s current value. The extremes give us $23.50 and $40.00 for target low and target high price respectively. As such, GRPN has been trading -72.79% off suggested target high and -1.51% from its likely low.
Groupon Inc. (GRPN) estimates and forecasts
Looking at statistics comparing Groupon Inc. share performance against respective industry, we note that the company has outperformed competitors. Groupon Inc. (GRPN) shares are -51.13% down over the last 6 months, with its year-to-date growth rate higher than industry average at 139.78% against 12.40%. Revenue is forecast to shrink -53.30% this quarter before falling -45.10% for the next one. The rating firms project that company’s revenue will shrink -30.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is $213.14 million. Meanwhile, for the quarter ending Dec 2021, a total of 6 analyst(s) estimate revenue growth to $241.3 million.Earnings reports from the last fiscal year show that sales brought in $304.02 million and $343.05 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -29.90% before dropping -29.70% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -30.60% for the past 5-year period. While 2021 is set for a 150.00% return in earnings, projections for the next 5 years are at 0.90% annually.
Groupon Inc. has its next earnings report out between November 03 and November 08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Groupon Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Groupon Inc. (NASDAQ:GRPN)’s Major holders
Groupon Inc. insiders hold 19.79% of total outstanding shares, with institutional holders owning 67.82% of the shares at 84.55% float percentage. In total, 67.82% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Mar 30, 2021, the company held over 2.2 million shares (or 7.55% of shares), all amounting to roughly $111.18 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 1.76 million shares, or about 6.04% of shares outstanding. As of the market price on Mar 30, 2021, these shares were worth $88.88 million.
We also have Amplify Online Retail ETF and ProShares Tr-OnLine Retail ETF as the top two Mutual Funds with the largest holdings of the Groupon Inc. (GRPN) shares. Going by data provided on Apr 29, 2021, Amplify Online Retail ETF holds roughly 1.28 million shares. This is just over 4.40% of the total shares, with a market valuation of $64.82 million. Data from the same date shows that the other fund manager holds a little less at 0.68 million, or 2.32% of the shares, all valued at about 31.96 million.