Investors Are Waking Up To Groupon Inc. (NASDAQ: GRPN) After Losing -54.94% Over The Past 12 Months

Groupon Inc. (NASDAQ:GRPN) currently has a daily average trading volume of 1.29M but it saw 2432330 shares traded on Thursday. With a market cap of 170.36M USD, stock’s current market price of $5.15 came rising about 14.96 while comparing to the previous closing price of $4.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.48 and as low as $2.89. In the recent trading on the day, stock has struck highest price mark of $5.2985 while lowest mark touched by it was $4.415.

Taking a look at 20-day trading activity of Groupon Inc. (GRPN) gives us an average price of $3.74, while its current price level is -68.75% below from 52-week high level whereas it is 78.20% 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 $3.84 while that of 200 days or SMA-200 reads an average of $7.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.05% during that period while stretching the period over a month that decreases to 11.40%. 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 67.14 which implies that the stock is in neutral territory.

Data by FactSet Research shows that 5 analysts have issued their ratings for the stock. 2 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.

Over the week, GRPN’s stock price is moving 18.94% up while it is 39.57% when we observe its performance for the past one month. Year-to-date it is -39.98% down and over the past year, the stock is showing a downside performance of -54.94%.

The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.65 beat the consensus estimate of -$1.32 for the same. The company is expected to be releasing its next quarterly report in 08/03/2023, for which analysts forecasted an EPS of -$0.13 while estimate for next year EPS is -$0.81. For GRPN, analysts are forecasting an EPS-growth rate of 63.20% for current year and estimate for EPS growth in next year is 128.40%. In next quarter, company is expected to be making quarterly sales of $123.44 million as analysts are expecting the sales for current fiscal year at $494.08 million and seeing the company making $510.18 million in sales next year. Moreover, analysts are in estimates of $123.65 million for current-quarter revenue.

Currently, Groupon Inc.’s total number of outstanding shares is 30.68M with 15.29% of that held by the insiders while 70.34% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -68.20% and return on equity (ROE) at -458.10%. It has a 21.91 of forward P/E ratio. Stock’s beta reads 1.73. Stock has a price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is -28.50% on average.

As per SEC documents, Vanguard Total Stock Market ETF shunned 698,916 of company’s common stock of worth $2.5 million as per recent closing price of the stock. Vanguard Total Stock Market ETF is not the only institutional holder which restructured its stake in Groupon Inc., as iShares Russell 2000 ETF dumped 475,240 shares of worth $1.7 million to bring its holdings to a total of 6960.0 shares.