why Groupon Inc [GRPN] is a Good Choice for Investors After New Price Target of $15.33

MU Stock

Groupon Inc [NASDAQ: GRPN] traded at a low on Wednesday, posting a -27.03 loss after which it closed the day’ session at $8.26.

The results of the trading session contributed to over 8152333 shares changing hands. Over the past one week, the price volatility of Groupon Inc stands at 7.86% while the volatility over the past one month is 5.99%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for GRPN stock reached $328.27 million, with 31.85 million shares outstanding and 21.03 million shares in the current float. Compared to the average trading volume of 1.21M shares, GRPN reached a trading volume of 8152333 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Groupon Inc [GRPN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GRPN shares is $15.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GRPN stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Northland Capital have made an estimate for Groupon Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 10, 2024. While these analysts kept the previous recommendation, ROTH MKM raised their target price to Buy. The new note on the price target was released on October 13, 2023, representing the official price target for Groupon Inc stock. Previously, the target price had yet another drop from $12.10 to $11, while Goldman kept a Sell rating on GRPN stock.

The Average True Range (ATR) for Groupon Inc is set at 0.84, with the Price to Sales ratio for GRPN stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 8.21, with the Price to Cash per share for the same quarter was set at 4.74. Price to Free Cash Flow for GRPN in the course of the last twelve months was 11.09 with Quick ratio for the last quarter at 0.93.

How has GRPN stock performed recently?

Groupon Inc [GRPN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.95. With this latest performance, GRPN shares dropped by -23.23% in over the last four-week period, additionally sinking by -50.36% over the last 6 months – not to mention a drop of -14.40% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GRPN stock in for the last two-week period is set at 32.82, with the RSI for the last a single of trading hit 27.21, and the three-weeks RSI is set at 36.25 for Groupon Inc [GRPN]. The present Moving Average for the last 50 days of trading for this stock 10.59, while it was recorded at 10.64 for the last single week of trading, and 13.52 for the last 200 days.

Groupon Inc [GRPN]: Deeper insight into the fundamentals

Groupon Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.93 and a Current Ratio set at 0.93.

Earnings analysis for Groupon Inc [GRPN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GRPN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Groupon Inc go to 8.48%.

Insider trade positions for Groupon Inc [GRPN]

There are presently around $75.61%, or 87.65%% of GRPN stock, in the hands of institutional investors. The top three institutional holders of GRPN stocks are: PALE FIRE CAPITAL SE with ownership of 10.18 million shares, which is approximately 26.9984%. DIVISADERO STREET CAPITAL MANAGEMENT, LP, holding 3.44 million shares of the stock with an approximate value of $$52.57 million in GRPN stocks shares; and DIVISADERO STREET CAPITAL MANAGEMENT, LP, currently with $$25.21 million in GRPN stock with ownership which is approximately 4.3702%.