$-0.03 EPS Expected for Groupon Inc (GRPN)

October 1, 2017 - By Clifton Ray

 $ 0.03 EPS Expected for Groupon Inc (GRPN)
Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.16, from 1.1 in 2017Q1. It dived, as 35 investors sold Groupon Inc shares while 47 reduced holdings. 30 funds opened positions while 47 raised stakes. 270.13 million shares or 1.07% less from 273.05 million shares in 2017Q1 were reported.
World Asset Mgmt invested 0% in Groupon Inc (NASDAQ:GRPN). Credit Suisse Ag holds 197,353 shares or 0% of its portfolio. Cornerstone Cap Mngmt Holding Ltd Liability Com invested 0.01% in Groupon Inc (NASDAQ:GRPN). 6.03 million were accumulated by Sumitomo Mitsui Asset Management Communication Limited. Comml Bank Of Montreal Can stated it has 494 shares. Proshare Advsrs Ltd Co reported 31,808 shares. Pdts Prns Limited Co invested in 0.14% or 895,036 shares. Peak6 Invests Ltd Partnership reported 0% of its portfolio in Groupon Inc (NASDAQ:GRPN). Citigroup Inc owns 0% invested in Groupon Inc (NASDAQ:GRPN) for 721,475 shares. Cibc Asset stated it has 19,590 shares. First Tru Advisors L P stated it has 0.17% of its portfolio in Groupon Inc (NASDAQ:GRPN). Bnp Paribas Arbitrage Sa holds 51,877 shares or 0% of its portfolio. Geode Mgmt Limited Company owns 3.35 million shares or 0.01% of their US portfolio. Great West Life Assurance Can holds 0% or 42,526 shares. Paloma Ptnrs Mgmt holds 0% of its portfolio in Groupon Inc (NASDAQ:GRPN) for 26,810 shares.

Since May 10, 2017, it had 0 insider purchases, and 4 sales for $1.13 million activity. 47,753 shares were sold by Drobny Dane A, worth $171,433. Sullivan James had sold 20,000 shares worth $71,000 on Wednesday, May 10. $31,500 worth of Groupon Inc (NASDAQ:GRPN) shares were sold by Stevens Brian.

Investors wait Groupon Inc (NASDAQ:GRPN) to report on October, 25. its quarterly earnings Wall Street analysts expect $-0.03 EPS, up $0.03 or 50.00 % from last year’s $-0.06 same quarter earnings. Groupon Inc’s Wall Street analysts see 200.00 % negative EPS growth, taking into account the $-0.01 EPS reproted in the previous quarter, The stock increased 4.00% or $0.2 on September 29, reaching $5.2. About 12.70 million shares traded or 104.18% up from the average. Groupon Inc (NASDAQ:GRPN) has declined 2.35% since October 1, 2016 and is downtrending. It has underperformed by 19.05% the S&P500.

Groupon Inc (NASDAQ:GRPN) Ratings Coverage

Among 22 analysts covering Groupon Inc (NASDAQ:GRPN), 8 have Buy rating, 4 Sell and 10 Hold. Therefore 36% are positive. Groupon Inc had 54 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of GRPN in report on Friday, February 12 with “Buy” rating. As per Wednesday, November 4, the company rating was downgraded by Wells Fargo. Credit Suisse reinitiated the shares of GRPN in report on Wednesday, January 11 with “Neutral” rating. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, July 26 report. On Thursday, September 21 the stock rating was maintained by Piper Jaffray with “Buy”. Jefferies maintained Groupon Inc (NASDAQ:GRPN) rating on Wednesday, September 6. Jefferies has “Hold” rating and $4.0 target. The stock of Groupon Inc (NASDAQ:GRPN) earned “Buy” rating by Maxim Group on Thursday, June 23. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, June 29 report. The stock has “Neutral” rating by Credit Suisse on Thursday, August 3. Wedbush upgraded Groupon Inc (NASDAQ:GRPN) on Monday, October 17 to “Outperform” rating.

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to clients by offering goods and services at a discount. The company has market cap of $2.89 billion. The Firm operates through three divisions: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international activities . It currently has negative earnings. It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel).

More news for Groupon Inc (NASDAQ:GRPN) were recently published by: Benzinga.com, which released: “Vetr Urges Strong Buy On Groupon After Uptrend Emerges” on September 26, 2017. Streetinsider.com‘s article titled: “UPDATE: DA Davidson Starts Groupon, Inc. (GRPN) at Buy” and published on September 21, 2017 is yet another important article.

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