Groupon (GRPN) Stock Falls Amid Market Uptick: What Investors Need to Know

Groupon (GRPN) closed the most recent trading day at $20.99, moving -1.04% from the previous trading session. This change lagged the S&P 500's 0.79% gain on the day. Meanwhile, the Dow experienced a rise of 1.01%, and the technology-dominated Nasdaq saw an increase of 1.15%. Shares of the online daily deal service witnessed a loss of 5.98% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.37%, and the S&P 500's gain of 1.27%.The investment community will be paying close attention to the earnings performance of Groupon in its upcoming release. In that report, analysts expect Groupon to post earnings of $0.01 per share. This would mark a year-over-year decline of 96.97%. At the same time, our most recent consensus estimate is projecting a revenue of $121.88 million, reflecting a 6.47% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $0.8 per share and a revenue of $504.5 million, demonstrating changes of +152.98% and +2.42%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications to analyst estimates for Groupon. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Groupon boasts a Zacks Rank of #1 (Strong Buy). Looking at its valuation, Groupon is holding a Forward P/E ratio of 26.51. This represents a premium compared to its industry average Forward P/E of 23.02. The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 54, finds itself in the top 22% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Groupon, Inc. (GRPN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks