Groupon(US:GRPN) ZACKSยท2024-10-09 23:05Company Performance - Groupon's stock closed at $10.34, reflecting a +0.68% change from the previous trading day, underperforming compared to the S&P 500's gain of 0.71% [1] - Over the last month, Groupon's shares decreased by 6.12%, while the Retail-Wholesale sector gained 8.01% and the S&P 500 gained 6.41% [1] - Upcoming earnings are projected at $0.14 per share, indicating a year-over-year growth of 216.67%, with quarterly revenue expected to be $121.82 million, down 3.67% from the previous year [1] Annual Estimates - For the full year, earnings are projected at $0.47 per share, showing a growth of +190.38%, while revenue is estimated at $513.87 million, reflecting a slight decline of -0.2% from the prior year [2] - Recent revisions to analyst forecasts are crucial as they indicate short-term business trends and analysts' confidence in the company's performance [2] Zacks Rank and Valuation - Groupon currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for stocks rated 1 since 1988 [3] - The Forward P/E ratio for Groupon is 21.85, which is lower than the industry average of 23.47, indicating a valuation discount [3] - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [3]