Groupon Inc. (NASDAQ:GRPN) currently has a daily average trading volume of 2.40M but it saw 6943253 shares traded on Tuesday. With a market cap of 830.30M USD, the company’s enterprise value now stands nearly at $606.70M. Stock’s current market price of $28.88 came rising about 20.99 while comparing to the previous closing price of $23.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $63.20 and as low as $9.60. In the recent trading on the day, stock has struck highest price mark of $29.21 while lowest mark touched by it was $23.35.
Taking a look at 20-day trading activity of Groupon Inc. (GRPN) gives us an average price of $19.61, while its current price level is -54.30% below from 52-week high level whereas it is 200.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.72 while that of 200 days or SMA-200 reads an average of $33.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.05% during that period while stretching the period over a month that decreases to 7.38%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.67 which implies that the stock is in overbought territory.
The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $17.30 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $36.00. Average price target assigned by them is $26.59 which highlights a downside potential of -8.61% for the stock over that period. And to attain the median price target of $27.00 assigned by those analysts, stock has to subtract about -6.96% of value to its current levels.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the DA Davidson which reiterated the stock as “Buy” in its note to investors issued on June 17, 2020, recommending a price target of between $23 and $32 for it. UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on January 17, 2020 while assigning a price target of $3.50. Goldman issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3.20 and $2.40.
Over the week, GRPN’s stock price is moving 13.70% up while it is 78.11% when we observe its performance for the past one month. Year-to-date it is -39.58% down and over the past year, the stock is showing a downside performance of -41.30%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2020, when its quarterly earnings per share (EPS) of -$0.93 beat the consensus estimate of -$2.75 for the same. For GRPN, analysts are forecasting an EPS-growth rate of -227.70% for current year and estimate for EPS growth in next year is 120.50%. In next quarter, company is expected to be making quarterly sales of $384.33 million as analysts are expecting the sales for current fiscal year at $1.5 billion and seeing the company making $1.13 billion in sales next year. Moreover, analysts are in estimates of $340.64 million for current-quarter revenue.
Currently, Groupon Inc.’s total number of outstanding shares is 28.49M with 22.75% of that held by the insiders while 73.67% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.70% and return on equity (ROE) at -89.80%. It has a 117.88 of forward P/E ratio. Stock’s beta reads 1.75. Stock has a price to book (P/B) ratio of 6.98 while price to sale or P/S ratio amounts to 0.44. Its return on asset (ROA) is -16.10% on average.
A filing at the U.S. Securities and Exchange Commission revealed that First Trust Dow Jones Internet In came shrinking its share ownership by -0.20% in the Groupon Inc. (GRPN) decreasing its stake to 5.97% with control over 3495.0 shares in the company. As per SEC documents, First Trust Dow Jones Internet In sought 1,709,299 of company’s common stock of worth $26.24 million as per recent closing price of the stock. First Trust Dow Jones Internet In is not the only institutional holder which restructured its stake in Groupon Inc., as Vanguard Total Stock Market Index picked 687,718 shares of worth $10.56 million to bring its holdings to a total of 1146.0 shares. In the most recent quarter, Vanguard Small Cap Index Fund came cutting its stake by -2.32% in the company and now holds 0.61 million or 2.11% of the company’s stake having worth of about 9.29 million.