Groupon(US:GRPN) ZACKSยท2024-07-15 23:06Company Performance - Groupon's stock closed at $16.68, with a slight increase of +0.18% from the previous trading session, underperforming the S&P 500 which gained 0.28% [1] - Over the past month, Groupon's stock has risen by 11.97%, outperforming the Retail-Wholesale sector's gain of 1.3% and the S&P 500's gain of 3.78% [1] - The upcoming financial results are expected to show an EPS of -$0.01, a significant improvement of 90% compared to the same quarter last year, while revenue is projected at $121.7 million, down 5.74% from the prior-year quarter [1] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.65 per share and revenue at $521.41 million, reflecting increases of +225% and +1.26% respectively from the prior year [2] - Recent revisions to analyst forecasts for Groupon are important as they indicate shifting business dynamics, with positive changes suggesting analyst optimism about the company's profitability [2] Analyst Ratings and Valuation - Groupon currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [3] - The company's Forward P/E ratio is 25.81, indicating a premium compared to the industry's average Forward P/E of 22.12 [3] - The Internet - Commerce industry, part of the Retail-Wholesale sector, ranks in the top 21% of all industries, with a current Zacks Industry Rank of 51 [3]