Groupon (GRPN) closed at $14.85 in the latest trading session, marking a +1.37% move from the prior day. This move outpaced the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.18%.Coming into today, shares of the online daily deal service had lost 10.4% in the past month. In that same time, the Retail-Wholesale sector gained 1%, while the S&P 500 gained 3.15%.The investment community will be closely monitoring the performance of Groupon ...

Groupon (GRPN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this online daily deal service have returned -10.4%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Internet - Commerce industry, which Groupon falls in, has lost 1%. The key question now is: What could be the stock's future direction ...

Groupon (GRPN) closed the most recent trading day at $14.65, moving -1.81% from the previous trading session. This move lagged the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.Shares of the online daily deal service witnessed a loss of 9.63% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.1% and the S&P 500's gain of 3.59%.Market participants will be closely following the financ ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Groupon (GRPN) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Groupon is one of 213 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank c ...

Groupon (GRPN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this online daily deal service have returned +9.3%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Commerce industry, which Groupon falls in, has lost 2.9%. The key question now is: What could be the stock's future directio ...

Core Viewpoint - Groupon has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Outlook - The Zacks Consensus Estimate for Groupon's earnings per share (EPS) for the fiscal year ending December 2024 is projected to be $0.30, reflecting a year-over-year increase of 157.7% [5]. - Over the past three months, the Zacks Consensus Estimate for Groupon has risen by 105.7%, indicating a strong upward trend in earnings estimates [5]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [3]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, and their buying or selling actions based on these estimates can significantly influence stock prices [3]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. - The upgrade of Groupon to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for price appreciation in the near term [7].

This year is likely to be a good one for ecommerce, with the segment expected to take away big slices of the total retail pie. Commerce Department numbers for the last quarter is proof of this: ecommerce sales in the first quarter of 2024 grew 8.6% over 1Q23 (2.1% sequentially), with total retail sales increasing 1.5% (-0.1% sequentially). Ecommerce accounted for around 15.9% of total U.S. retail sales. The convenience of online shopping remains the top reason for ecommerce volumes and this is particularly ...

Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion, has already taken three businesses he’s founded public. Today he’s the founder of Tempus, a genomic testing and data analysis company preparing to IPO. But he’s best known as the cofounder of daily deals pioneer Groupon, which went public at a valuation of nearly $13 billion in 2011, in one of that year’s most high-profile debuts.  Groupo ...

Group 1 - Groupon is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating a strong earnings outlook and potential to outperform the market in the next one to three months [1] - The Zacks Consensus Estimate for Groupon's full-year earnings has increased by 41.5% over the past quarter, reflecting improved analyst sentiment [2] - Year-to-date, Groupon has gained approximately 16.8%, outperforming the average gain of 9% in the Retail-Wholesale sector [2] Group 2 - Groupon belongs to the Internet - Commerce industry, which has an average gain of 15.1% this year, indicating that Groupon is performing better than its industry peers [3] - In contrast, Wingstop, another stock in the Retail-Wholesale sector, has achieved a year-to-date return of 50.8% and has a Zacks Rank of 1 (Strong Buy) [2][3] - The Retail - Restaurants industry, to which Wingstop belongs, is currently ranked 176 and has experienced a decline of 5% year to date [3]

Core Viewpoint - Groupon has experienced a significant increase in stock performance, returning +41.1% over the past month, outperforming the S&P 500's +4.2% and the Internet - Commerce industry’s +3.5% [1] Earnings Estimates - For the current quarter, Groupon is expected to report a loss of $0.16 per share, a decrease of -60% year-over-year, with the consensus estimate remaining unchanged [3] - The consensus earnings estimate for the current fiscal year is $0.05, reflecting a year-over-year increase of +109.6%, also unchanged over the last 30 days [3] - For the next fiscal year, the consensus estimate is $0.33, indicating a substantial increase of +560% compared to the previous year, with no changes in the estimate over the past month [3] Revenue Growth - The consensus sales estimate for the current quarter is $123.83 million, showing a year-over-year decline of -4.1% [6] - The sales estimates for the current and next fiscal years are $539.26 million and $579.85 million, indicating increases of +4.7% and +7.5%, respectively [6] Recent Performance - Groupon reported revenues of $123.08 million in the last quarter, a year-over-year increase of +1.2%, and an EPS of $0.06 compared to -$0.65 a year ago [7] - The reported revenues exceeded the Zacks Consensus Estimate of $118.37 million by +3.98%, and the EPS surprise was +133.33% [7] - The company has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times during this period [7] Valuation - Groupon's valuation is assessed through various multiples, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to determine if the stock is fairly valued [8] - The Zacks Value Style Score grades Groupon as C, indicating it is trading at par with its peers [10] Market Outlook - The Zacks Rank 1 (Strong Buy) for Groupon suggests potential for outperforming the broader market in the near term [11]