Groupon (NASDAQ:GRPN) opened at 3.58 on Monday. Finally, RBC Capital Markets raised Groupon from an "underperform" rating to a "sector perform" rating and set a $4.00 price objective on the stock in a report on Tuesday, January 3rd. Groupon has a one year low of $2.66 and a one year high of $5.94.
Currently, GRPN is a #3 (Hold) on the Zacks Rank, and is up nearly 14% year-to-date. Post-earnings, GRPN stock ranged between $4.05 and $4.84 after opening the day (10/27/2016) at $4.8. (GRPN) is getting weaker by the somewhat negative sentiment (2.80 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Neutral. The TTM operating margin is -3.9 percent. Overseas sales fell to 26.3% of total revenue in 2016, compared with 27.8% and 31.6% in the two years prior.
Since then, shares have continued to trade down, at times dropping below $4. The stock has reduced about -32.3% since it reported its last earnings.
Groupon, Inc operates online local commerce marketplaces throughout the world that connect merchants to consumers by offering goods and services at a discount.
Going out even further, the 200-Day Simple Moving Average is recorded 10.75% away from the current share price.
Receive Groupon, Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Groupon, Inc. with MarketBeat.com's FREE daily email newsletter. (NASDAQ:GRPN) posted a surprise factor of 25% as the analysts' predictions were $0.02 off from the posted EPS of $-0.06.
CoreCivic, Inc. (NYSE:CXW) reported a key measure of profitability in its fourth quarter.
Groupon, Inc. (NASDAQ:GRPN) is trading up on a volume of 21.05 million, or 1.76 times its standard daily volume. The stock was sold at an average price of $4.11, for a total value of $41,100.00. Analysts, on average, forecast Groupon, Inc.to earn $0.01 per share (EPS) on revenue of $746.62M. The company's shares have risen 20 percent since the beginning of the year. Before Earnings Announcement on 07/27/2016, the firm had its stock price of $3.78. They have been pinpointed by the Zacks system that almost tripled the market from 1988 through 2015, with a stellar average gain of +26% per year. On 7th Day after earnings release, Groupon, Inc. (NASDAQ:GRPN)'s ATR is 0.14. Boenning Scattergood reissued a "hold" rating on shares of Groupon in a research report on Wednesday, December 14th.
A number of other research firms have also issued reports on GRPN. Thus showing a Surprise of 50 percent. It closed the session at $3.62 with a volume of 45062600 shares. The range of a day's trading is high-low, and True Range expands into yesterday's close when it lands outside of today's range.