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GRPN

Groupon, Inc.

https://www.groupon.com

Industry

Internet Content & Information

Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants; and first-party goods inventory. It serves customers through its mobile applications and websites. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. Groupon, Inc. was incorporated in 2008 and is headquartered in Chicago, Illinois.

Open

8.53

Mkt cap

349M

Volume

378K

High

8.78

P/E Ratio

12.70

52-wk high

19.56

Low

8.42

Div yield

N/A

52-wk low

7.75

Groupon Inc (NASDAQ:GRPN) reported Q4 fiscal 2023 revenue of $137.7 million, surpassing consensus estimates but declining 7% Y/Y. Adjusted EPS was $0.30, beating expectations. Despite initial gains, GRPN shares later dropped. North America and International revenues fell due to decreased demand in Goods categories, with global billings and units sold also declining. However, adjusted EBITDA improved significantly, and the company's liquidity position strengthened. Analysts predict a significant downside for GRPN shares, with an average 1-year price target of $7.5, indicating a 59.02% expected downside. GRPN's stock traded lower by 3.85% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

March 15, 2024 | 1:29 pm

Groupon's stock price increased following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 11:50 am

Groupon (NASDAQ:GRPN) reported Q4 adjusted earnings of $0.30 per share, surpassing the $0.11 estimate, a 178.95% increase from last year's losses. Sales reached $137.72M, slightly above the $136.70M estimate but 7.05% lower than the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 11:17 am

Earnings reports for March 15, 2024, include a mix of expected quarterly losses and gains across various sectors. Notable companies like EHang Holdings, NeoGenomics, and Jabil are among those scheduled to report. The forecasts range from losses in sectors like technology and healthcare to gains in consumer goods and services.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 9:15 am

Groupon (NASDAQ:GRPN) is scheduled to release its quarterly earnings report on March 15, 2024, with an estimated EPS of $0.11. Investors are hopeful for a beat on this estimate and positive future guidance. Groupon's stock performance has been volatile around earnings announcements, with significant price changes following past earnings reports. The stock has seen a 353.55% increase over the last 52 weeks, trading at $18.09 as of March 13.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:00 pm

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, revealing market sentiment and potential price movements. Notable activities include bearish puts on TSLA and NKE, bullish calls on AMZN, PDD, and MELI, among others, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:35 pm

U.S. stock futures were lower, with Dow futures down over 100 points. Banco Santander (SAN) and Lloyds Banking Group (LYG) shares fell in pre-market trading after reports that Iranian entities used their accounts to evade U.S. sanctions. Other stocks like Cytokinetics (CYTK), Groupon (GRPN), BigCommerce Holdings (BIGC), KB Financial Group (KB), Topgolf Callaway Brands (MODG), and Arcadium Lithium (ALTM) also recorded losses in pre-market trading.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 10:21 am

Goldman Sachs analyst Eric Sheridan has maintained a Sell rating on Groupon (NASDAQ:GRPN) but increased the price target from $5 to $7.5.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 1:38 pm

Groupon, Inc. (NASDAQ:GRPN) shares rose after the company projected Q4 2023 revenue to potentially exceed its guidance of $127.5-$137.5 million, against a consensus of $133.67 million. Groupon also anticipates Q4 adjusted EBITDA to be at or above the high end of its guidance. The company ended the year with $141 million in cash and equivalents, and $26 million in restricted cash. Groupon paid down $3.9 million in debt and received $18.9 million from selling part of its SumUp investment. The 2024 outlook remains unchanged, expecting revenue to be between -5% to 0% compared to 2023, with adjusted EBITDA of $80-$100 million and positive free cash flow for the year, despite anticipating negative free cash flow in Q1 2024. GRPN's stock increased by 5.15% to $13.43.

Portfolio Pulse from Nabaparna Bhattacharya

January 12, 2024 | 8:55 pm

Wipro Limited (NYSE:WIT) shares surged over 16% after reporting Q3 results, guidance, and an interim dividend. Other stocks showed significant movement in Friday's mid-day session, with various gainers such as Charge Enterprises, Inc. (NASDAQ:CRGE) and losers like Genius Group Limited (NYSE:GNS). Notable movements included Flexsteel Industries, Inc. (NASDAQ:FLXS) rising after strong Q2 preliminary results and Delta Air Lines, Inc. (NYSE:DAL) falling post Q4 financial results and 2024 guidance.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 6:28 pm

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