Is Groupon Inc (NASDAQ: GRPN) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 1.41 million Groupon Inc (NASDAQ:GRPN) shares changed hands as the company’s beta touched 1.70. With the company’s per share price at $10.00 changed hands at -$0.37 or -3.57% during last session, the market valuation stood at $389.30M. GRPN’s last price was a discount, traded about -95.6% off its 52-week high of $19.56. The share price had its 52-week low at $2.89, which suggests the last value was 71.1% up since then. When we look at Groupon Inc’s average trading volume, we note the 3-month average coming to 1.22 million.

Groupon Inc (NASDAQ:GRPN) trade information

Instantly GRPN was in red as seen at the end of in last trading. With action -10.23%, the performance over the past five days has been red. The drop to weekly highs of 11.54 subtracted -3.57% to the stock’s daily price. The company’s shares are showing year-to-date downside of -22.12%, with the 5-day performance at -10.23% in the red. However, in the 30-day time frame, Groupon Inc (NASDAQ:GRPN) is -44.96% down.

Groupon Inc (GRPN) estimates and forecasts

Data shows that the Groupon Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -8.59% over the past 6 months, a 109.62% in annual growth rate that is considerably higher than the industry average of 14.80%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Groupon Inc will rise 107.70%, while the growth in revenue is estimated to hit 330.00% for the next quarter. Year-over-year growth is forecast to reach 2.20% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $117.17 million. 2 analysts are of the opinion that Groupon Inc’s revenue for the quarter ending Jun 2024 will be $123.92 million. The company’s revenue for the corresponding quarters a year ago was $121.61 million and $129.11 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.70%. The estimates for the next quarter sales put growth at -4.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -35.30%. The 2024 estimates are for Groupon Inc earnings to increase by 314.42%, but the outlook for the next 5-year period is at 0.90% per year.