Groupon Inc (NASDAQ:GRPN) has a beta value of 1.78 and has seen 2.12 million shares traded in the last trading session. The company, currently valued at $427.60M, closed the last trade at $10.76 per share which meant it gained $1.06 on the day or 10.93% during that session. The GRPN stock price is -81.78% off its 52-week high price of $19.56 and 24.91% above the 52-week low of $8.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.49 million shares traded. The 3-month trading volume is 1.33 million shares.
The consensus among analysts is that Groupon Inc (GRPN) is Buy stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.16.
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Groupon Inc (NASDAQ:GRPN) trade information
Sporting 10.93% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GRPN stock price touched $10.76 or saw a rise of 2.8%. Year-to-date, Groupon Inc shares have moved -16.20%, while the 5-day performance has seen it change 4.77%. Over the past 30 days, the shares of Groupon Inc (NASDAQ:GRPN) have changed -9.27%. Short interest in the company has seen 8.68 million shares shorted with days to cover at 6.73.
Wall Street analysts have a consensus price target for the stock at $29.5, which means that the shares’ value could jump 63.53% from current levels. The projected low price target is $12.0 while the price target rests at a high of $30.0. In that case, then, we find that the current price level is -178.81% off the targeted high while a plunge would see the stock gain -11.52% from current levels.
Groupon Inc (GRPN) estimates and forecasts
Figures show that Groupon Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -0.46% over the past 6 months, with this year growth rate of 190.38%, compared to 13.10% for the industry. Revenue growth from the last financial year stood is estimated to be -1.40%.
3 analysts offering their estimates for the company have set an average revenue estimate of 117.89M for the current quarter. 3 have an estimated revenue figure of 141.93M for the next ending quarter. Year-ago sales stood 129.64M and 137.72M respectively for this quarter and the next, and analysts expect sales will shrink by -9.10% for the current quarter and -1.40% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -35.30% over the past 5 years. Earnings growth for 2024 is a modest 189.42% while over the next 5 years, the company’s earnings are expected to increase by 8.48%.
GRPN Dividends
Groupon Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Groupon Inc (NASDAQ:GRPN)’s Major holders
Insiders own 13.74% of the company shares, while shares held by institutions stand at 75.47% with a share float percentage of 87.48%. Investors are also buoyed by the number of investors in a company, with Groupon Inc having a total of 158.0 institutions that hold shares in the company. The top two institutional holders are PALE FIRE CAPITAL SE with over 10.18 million shares worth more than $155.77 million. As of 2024-06-30, PALE FIRE CAPITAL SE held 26.9984% of shares outstanding.
The other major institutional holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP, with the holding of over 3.44 million shares as of 2024-06-30. The firm’s total holdings are worth over $52.57 million and represent 9.111% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Hennessy Cornerstone Growth Fund and Vanguard Total Stock Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 2.02% shares in the company for having 801.3 shares of worth $8.62 million while later fund manager owns 774.73 shares of worth $8.34 million as of Jun 30, 2024 , which makes it owner of about 1.95% of company’s outstanding stock.
