Groupon (GRPN) Expected to Announce Quarterly Earnings on Friday

Groupon (NASDAQ:GRPN) is expected to announce its earnings results before the market opens on Friday, March 21st. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $127.74 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Groupon Stock Performance

Shares of NASDAQ GRPN opened at $16.79 on Thursday. Groupon has a 12-month low of $7.75 and a 12-month high of $18.47. The firm has a market capitalization of $668.43 million, a price-to-earnings ratio of 32.92 and a beta of 1.41. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. The firm has a 50 day moving average of $11.79 and a 200 day moving average of $11.14.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their price objective on shares of Groupon from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Friday, March 14th. Ascendiant Capital Markets boosted their price target on Groupon from $14.00 to $19.00 and gave the company a “buy” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Groupon currently has an average rating of “Moderate Buy” and a consensus target price of $17.75.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.