Groupon (GRPN) ended the recent trading session at $26.05, demonstrating a -2.1% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.42%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw an increase of 0.29%.
The online daily deal service's shares have seen an increase of 57.74% over the last month, surpassing the Retail-Wholesale sector's gain of 0.24% and the S&P 500's gain of 2.2%.
Analysts and investors alike will be keeping a close eye on the performance of Groupon in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.07, signifying a 115.22% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $127.42 million, up 1.37% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$0.16 per share and revenue of $519.48 million, which would represent changes of +92.23% and +4.23%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Groupon. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 23.68% lower. At present, Groupon boasts a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 181, positioning it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Groupon, Inc. (GRPN): Free Stock Analysis Report
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