Groupon (GRPN) ended the recent trading session at $18.78, demonstrating a -2.85% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.14%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 1.69%.
Shares of the online daily deal service witnessed a loss of 5.01% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 8.01%, and underperforming the S&P 500's loss of 2.85%.
Analysts and investors alike will be keeping a close eye on the performance of Groupon in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.01, marking a 99.66% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $129.41 million, up 5.37% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.14 per share and revenue of $517.75 million, indicating changes of +93.2% and +3.88%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Groupon. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Groupon is currently sporting a Zacks Rank of #3 (Hold).
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 165, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Groupon, Inc. (GRPN): Free Stock Analysis Report
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