It’s still a bull thesis, just subverted: Groupon Inc (GRPN)

Groupon Inc [GRPN] stock is trading at $29.13, down -1.09%. 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 9.22% over the last week, with a monthly amount glided 59.97%, and seem to be holding up well over a long-time horizon.

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.

Groupon Inc [GRPN] stock has fluctuated between $7.75 and $29.93 over the past year. Currently, Wall Street analysts expect the stock to reach $25.25 within the next 12 months. Groupon Inc [NASDAQ: GRPN] shares were valued at $29.13 at the most recent close of the market. An investor can expect a potential drop of -13.32% based on the average GRPN price forecast.

Analyzing the GRPN fundamentals

Groupon Inc [NASDAQ:GRPN] reported sales of 486.66M for the trailing twelve months, which represents a drop of -4.79%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.95 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.49.

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 28.48 points at the first support level, and at 27.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.55, and for the 2nd resistance point, it is at 29.97.

Ratios To Look Out For

For context, Groupon Inc’s Current Ratio is 0.89. Further, the Quick Ratio stands at 0.89, while the Cash Ratio is 0.65. Considering the valuation of this stock, the price to sales ratio is 2.38, the price to book ratio is 25.50.

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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