Company Performance - Groupon's stock closed at 0.06, indicating a 120% decline from the same quarter last year [2] - The consensus estimate for revenue is $128.92 million, which represents a 6.39% decrease compared to the same quarter of the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for Groupon are important as they reflect changes in near-term business trends [3] - Positive changes in estimates suggest a favorable outlook on the company's business health and profitability [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Groupon currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5] Industry Overview - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 35, placing it in the top 14% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Groupon (GRPN) Suffers a Larger Drop Than the General Market: Key Insights