Groupon Inc (NASDAQ: GRPN) is -10.62% lower on its value in year-to-date trading and has touched a low of $7.75 and a high of $19.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GRPN stock was last observed hovering at around $10.97 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $10.86, the stock is -6.64% and 0.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -1.00% at the moment leaves the stock -12.31% off its SMA200. GRPN registered -18.83% loss for a year compared to 6-month loss of -39.60%. The firm has a 50-day simple moving average (SMA 50) of $10.833 and a 200-day simple moving average (SMA200) of $12.39775.
The stock witnessed a -8.35% gain in the last 1 month and extending the period to 3 months gives it a 11.96%, and is -14.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.50% over the week and 6.43% over the month.
Groupon Inc (GRPN) has around 2213 employees, a market worth around $431.88M and $499.89M in sales. Current P/E ratio is 22.99 and Fwd P/E is 98.73. Profit margin for the company is 3.87%. Distance from 52-week low is 40.13% and -44.48% from its 52-week high. The company has generated returns on investments over the last 12 months (7.19%).
with sales reaching $127.74M over the same period.The EPS is expected to grow by 47.44% this year, but quarterly earnings will post -4.85% year-over-year. Quarterly sales are estimated to shrink -7.25% in year-over-year returns.
173.0 institutions hold shares in Groupon Inc (GRPN), with institutional investors hold 93.84% of the company’s shares. The shares outstanding are 39.76M, and float is at 21.31M with Short Float at 37.49%. Institutions hold 80.94% of the Float.
The top institutional shareholder in the company is PALE FIRE CAPITAL SE with over 10.18 million shares valued at $155.77 million. The investor’s holdings represent 26.9984 of the GRPN Shares outstanding. As of 2024-06-30, the second largest holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP with 3.44 million shares valued at $52.57 million to account for 9.111 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.65 million shares representing 4.3702 and valued at over $25.21 million, while VANGUARD GROUP INC holds 3.8539 of the shares totaling 1.45 million with a market value of $22.24 million.
Groupon Inc (GRPN) Insider Activity
The most recent transaction is an insider purchase by Harinstein Jason, the company’s Director. SEC filings show that Harinstein Jason bought 15,000 shares of the company’s common stock on Aug 08 ’24 at a price of $10.61 per share for a total of $0.16 million. Following the purchase, the insider now owns 55658.0 shares.
Groupon Inc disclosed in a document filed with the SEC on Aug 05 ’24 that Bass Robert J (Director) sold a total of 4,583 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $11.35 per share for $52017.0. Following the transaction, the insider now directly holds 0.1 million shares of the GRPN stock.
Still, SEC filings show that on Aug 05 ’24, ROBERT BASS (Director) Proposed Sale 4,583 shares at an average price of $11.35 for $52021.0. The insider now directly holds shares of Groupon Inc (GRPN).
