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Groupon (GRPN) Surpasses Market Returns: Some Facts Worth Knowing
GrouponGroupon(US:GRPN) Zacks Investment Researchยท2024-04-26 22:51

Company Performance - Groupon's stock closed at $11.67, reflecting a +1.74% change from the previous trading day's close, outperforming the S&P 500's daily gain of 1.02% [1] - The stock has decreased by 14.02% over the past month, compared to a loss of 3.3% in the Retail-Wholesale sector and a 3.15% loss in the S&P 500 [1] - Upcoming earnings disclosure is anticipated, with projections of -$0.18 per share, indicating a year-over-year growth of 72.31%, and revenue expected at $118.37 million, down 2.66% from the prior year [1] Annual Estimates - For the full year, earnings are projected at $0.05 per share and revenue at $528.77 million, representing increases of +109.62% and +2.69% respectively from the previous year [2] - Recent revisions to analyst forecasts are crucial as they reflect short-term business trends, with positive changes indicating a favorable outlook on Groupon's business health and profitability [2] Valuation and Industry Ranking - Groupon has a Forward P/E ratio of 229.4, which is significantly higher than the industry's average Forward P/E of 21.13 [3] - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [3] - The Zacks Rank system indicates Groupon is currently rated 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [3]