Groupon Inc (GRPN) stock price forecast predicts $25.25 value

At the time of writing, Groupon Inc [GRPN] stock is trading at $8.50, down -4.28%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GRPN shares have gain 2.91% over the last week, with a monthly amount drifted -14.40%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Groupon Inc [NASDAQ: GRPN] stock has seen the most recent analyst activity on July 10, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $22. Previously, ROTH MKM started tracking the stock with Buy rating on October 13, 2023, and set its price target to $30. JP Morgan upgraded its rating to a Neutral and raised its price target to $48 on March 01, 2021. In a note dated June 17, 2020, DA Davidson reiterated an Buy rating on this stock and boosted its target price from $23 to $32.

For the past year, the stock price of Groupon Inc fluctuated between $7.75 and $19.56. Currently, Wall Street analysts expect the stock to reach $25.25 within the next 12 months. Groupon Inc [NASDAQ: GRPN] shares were valued at $8.50 at the most recent close of the market. An investor can expect a potential return of 197.06% based on the average GRPN price forecast.

Analyzing the GRPN fundamentals

According to Groupon Inc [NASDAQ:GRPN], the company’s sales were 499.89M for trailing twelve months, which represents an -9.48% plunge. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.96 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.72.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.26 points at the first support level, and at 8.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.83, and for the 2nd resistance point, it is at 9.16.

Ratios To Look Out For

It is important to note that Groupon Inc [NASDAQ:GRPN] has a current ratio of 0.93. Further, the Quick Ratio stands at 0.93, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 8.45 and price to earnings (TTM) ratio is 17.99.

Transactions by insiders

Recent insider trading involved Harinstein Jason, Director, that happened on Aug 08 ’24 when 15000.0 shares were purchased. Director, Bass Robert J completed a deal on Aug 05 ’24 to sell 4583.0 shares. Meanwhile, Director ROBERT BASS bought 4583.0 shares on Aug 05 ’24.

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