Groupon Inc (NASDAQ:GRPN) traded at $13.43 at close of the session on Tuesday, February 18 and made an upward move of 4.68% on its previous day’s price.
Groupon Inc has a market cap of $534.08 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 127.74M, with a low of 124.9M and a high of 132.21M. The median projection represents growth adding up to -7.25% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 489.92M, or -4.85% down from figures reported last year.
On the other hand, looking at the outlook for the GRPN stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of Hold.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Groupon Inc (GRPN) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 18.74% off its SMA20 and 16.40% from its 50-day simple moving average. The RSI (14) is pointing at 76.68 while the volatility over the past week is 5.31% and jumps to 5.00% over the past one month. The beta value is 1.42, while the average true range (ATR) is currently pointing at 0.62. The average price target for the stock over the next 12 months is $29.5, with the estimates having a low of $12 and a high of $30. These price ends are 10.65% and -123.38% off the current price level respectively, although investors could be excited at the prospect of a -119.66% if the GRPN share price touches on the median price of $29.5.
