Groupon Inc. (NASDAQ:GRPN) finished Wednesday with a subtraction of -$0.31 to close at $7.94, a downside of -3.76 percent. An average of 1,093,480 shares of common stock have been traded in the last five days. There was a gain of $0.50 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 1,253,620 shares traded, while the 50-day average volume stands at 1,277,744.
GRPN stock has increased by 15.57% in the last month. The company shares reached their 1-month lowest point of $6.04 on 07/10/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $2.89 and a high of $14.85 in 52 weeks. It has reached a new high 4 times so far this year and lost -7.46% or -$0.64 in price. In spite of this, the price is down -46.53% from the 52-week high.
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Insider Transactions
GRPN stock investors should be aware that Groupon Inc. (GRPN) stock had its last reported insider trading activity 233 days ago on Dec 20. In this transaction, the insider spent $37,204,862. Director, Barta Jan, disposed of 1,606,408 shares at a price of $7.28 on Dec 20. The insider now owns more than $11,694,650 worth of shares. Prior to that, 10% Owner Maple Rock Capital Partners In went on to Sale 152,011 shares at $11.47 each on Aug 18. An amount of $1,742,852 was transacted.
Valuation Metrics
Groupon Inc. (GRPN) stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.43.
Financial Health
The quick ratio of Groupon Inc. for the three months ended March 30 was 0.60, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Groupon Inc.’s EBITDA margin for the year ending March 30 is -7.53%, while its operating margin for the same period stands at -29.30%. Its gross profit as reported stood at $522.82 million compared to revenue of $599.09 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Groupon Inc.’s return on assets was -28.50%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$29.15 million in the quarter, while revenues of -$55.31 million were shrunk -19.55%. The analyst consensus anticipated Groupon Inc.’s latest quarter earnings to come in at -$1.32 per share, but it turned out to be -$0.65, a 50.80% surprise. For the quarter, EBITDA amounted to -$16.06 million. Shareholders own equity worth $30.79 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Groupon Inc. (GRPN) price momentum. RSI 9-day as of the close on 09 August was 59.17%, suggesting the stock is Neutral, with historical volatility in this time frame at 50.63%.
As of today, GRPN’s price is $7.98 +6.72% or $0.50 from its 5-day moving average. GRPN is currently trading +17.98% higher than its 20-day SMA and +62.04% higher than its 100-day SMA. However, the stock’s current price level is +49.53% above the SMA50 and +16.68% above the SMA200.
The stochastic %K and %D were 77.43% and 75.52%, respectively, and the average true range (ATR) was 0.74. With the 14-day stochastic at 68.24% and the average true range at 0.72, the RSI (14) stands at 60.28%. The stock has reached 0.19 on the 9-day MACD Oscillator while the 14-day reading was at 0.44.
Analyst Ratings
The consensus rating for Groupon Inc. (GRPN) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell GRPN, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
What is GRPN’s price target for the next 12 months?
Analysts predict a range of price targets between $3.00 and $8.50, with a median target of $3.70. Taking a look at these predictions, the average price target given by analysts for Groupon Inc. (GRPN) stock is $4.72.
