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The average of price targets set by Wall Street analysts indicates a potential upside of 31.2% in Groupon (GRPN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Zacks.com users have recently been watching Groupon (GRPN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include TAL Education Group (TAL), Norwegian Cruise Line (NCLH), Skillz (SKLZ) and Groupon (GRPN).
Recently, Zacks.com users have been paying close attention to Groupon (GRPN). This makes it worthwhile to examine what the stock has in store.
Groupon's revenue fell in the second quarter. It is spending a bunch on marketing and is still unprofitable.
On today's Good Buy or Goodbye, host Julie Hyman is joined by Headline Venture Partner Kamran Ansari to discuss his personal stock picks in the tech sector. Ansari recommends Microsoft (MSFT) as a top stock to buy.
Groupon shares fell 16.8% following a mixed Q2 earnings report. A cloud migration project caused stability issues, leading to expensive outages and low guidance targets for the next quarter.
Groupon's (GRPN) second-quarter results reflect sluggishness in travel and goods markets. However, strong momentum across the local end-market was positive.
Groupon posted mixed second-quarter results after the market close on Tuesday. One analyst is lowering his price target on the stock, but it still represents more than 75% in near-term upside.
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 1.5% on Wednesday.