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Tuesday, January 31, 2023

An Evaluation Of Groupon Inc. (NASDAQ: GRPN) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Groupon Inc. (GRPN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.06, or 0.68%, to $8.92. The Groupon Inc. has recorded 246,932 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Groupon to Participate in the Barclays Global Technology, Media & Telecommunications Conference.

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Stocks Info

GRPN belongs to the Communication Services sector of the NASDAQ while operating in the Internet Content & Information industry. At the end of the last regular session, the stock closed at $8.86 and fluctuated between $9.03 as its day high and $8.53 as its day low. The current market capitalization of Groupon Inc. is $237.89M. A total of 1.6 million shares were traded on the day, compared to an average of 1.11M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, GRPN has seen 3 BUY and 3 SELL insider trades, representing the acquisition of 75,727 and the disposition of 29,619 shares. Over the last 12 months, there were 65 BUYs and 27 SELLs from insiders. Insiders purchased 3,423,507 shares during that period but sold 774,046.

In the most recent transaction, Barta Jan bought 6,716,966 shares of GRPN for 7.28 per share on Dec 20. After the transaction, the Director now owns 6,716,966 company shares. In a previous transaction on Dec 20, Barta Jan sold 1,606,408 shares at 7.28 per share. GRPN shares that Director owns now total 100.

Among the insiders who sold shares, Barta Jan disposed of 5,110,558 shares on Dec 20 at a per-share price of $7.28. This resulted in the Director holding 0 shares of GRPN after the transaction. In another insider transaction, Barta Jan bought 132,993 shares at $9.82 per share on Sep 01. Company shares held by the 10% Owner now total 1,607,048.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for GRPN in the last 3 months, the mean price target is $9.38 with high estimates of $15.00 and low estimates of $6.00. In terms of 52-week highs and lows, GRPN has a high of $31.15 and a low of $6.22.

As of this writing, GRPN has an earnings estimate of -$0.53 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.31 per share and a lower estimate of -$0.71. The company reported an EPS of -$0.8 in the last quarter, which was -53.80% lower than expectations of -$0.52.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GRPN is Overweight with a score of 2.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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