GRPN - Groupon, Inc.
| Previous Close | 2.3200 |
| Open | 2.3800 |
| Bid | 2.3500 x 36900 |
| Ask | 2.3800 x 1300 |
| Day's Range | 2.3500 - 2.3900 |
| 52 Week Range | 2.3100 - 4.7000 |
| Volume | 6,268,050 |
| Avg. Volume | 5,060,865 |
| Market Cap | 1.34B |
| Beta (3Y Monthly) | 0.90 |
| PE Ratio (TTM) | 196.67 |
| EPS (TTM) | 0.0120 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 3.70 |
- American City Business Journals
WeWork joins underperforming Uber, Lyft, Nio as biggest pre-IPO cash guzzlers
All 10 companies on this list of the biggest pre-IPO cash guzzlers are either trading below their first day offering price or are out of business.
- Motley Fool
4 Stocks Too Cheap to Ignore After Wednesday's Sell-Off
A lot of stocks hitting new 52-week lows today may not stay out of favor for long.
- Simply Wall St.
Is Groupon, Inc.'s (NASDAQ:GRPN) ROE Of 6.0% Concerning?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- InvestorPlace
7 Stocks Under $7 to Invest in Now
Stocks got absolutely crushed at the start of August. From Wednesday's less dovish than hoped for rate cut onward, the stock market went into steep decline. President Donald Trump's latest provocations in the trade war only added to the nervous mood on Wall Street. Instead of looking for stocks to invest in, traders headed for the exits.The S&P 500 dropped far under the psychological 3,000 level. Meanwhile the Dow Jones Industrial Average shed 1,000 points from its recent highs. Tech stocks got particularly hammered.With all that selling, however, comes opportunity. In particular, a lot of folks are looking for lower-priced stocks that could move back up quickly once the market finds its footing. While stock price alone doesn't indicate a company's value or riskiness -- it is market cap that counts more -- low-priced shares are often more volatile. As a result, these stocks could bounce back in a hurry as the market recovers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Dividend Aristocrat Stocks to Buy Now No Matter What Here are seven stocks to invest in now following the recent market declines. Stocks to Invest in: Fitbit (FIT)Source: Shutterstock Fitbit (NYSE:FIT) just announced another lousy quarter. Traders, not surprisingly, have pummeled the stock down to fresh 52-week lows. And, since its IPO, FIT stock is now down a crushing 90%. Since February alone, FIT stock has lost nearly half its remaining value.But it's not game over for Fitbit just yet. That's because the company has a substantial net cash position. It should exit 2019 with something like $550 million to $600 million in cash against a market cap of just $850 million. This means that a competitor can buy Fitbit for something like $1.2 billion -- a nearly 50% premium to the current depressed stock price -- and still only pay $600 million to get the actual company net of cash.Why would a competitor buy Fitbit? To compete with Apple (NASDAQ:AAPL). Apple's watches are doing well, and it is hard for Fitbit to compete as a standalone company. They are having to cut expenses, including research, which makes it hard to keep up. By contrast, a competitor with far more resources could benefit from having the Fitbit brand and reinvigorating it with more tech and marketing dollars. FIT stock will likely continue to erode in value if nothing happens, however, so be careful of that. The exit strategy here is clearly a takeover. Lloyds Banking Group (LYG)Source: Shutterstock Britain's will-they-or-won't-they Brexit drama has taken another turn. The controversial right-wing figure Boris Johnson became Britain's newest prime minister just over a week ago. Already, his new government was dealt a blow. A special election dropped Johnson's conservative party majority to just one seat. This heightens speculation that Johnson will need to call new elections before Oct. 31, which is the current deadline for the United Kingdom to leave the European Union.All this uncertainty has led British assets to fall even farther. The British pound is back to its 2016 lows against the dollar and is threatening to hit new all-time lows against the euro. People are dumping everything British. Lloyds Banking Group (NYSE:LYG), the $45 billion financial giant, has seen its stock slump from $2.80 to $2.45 just in the past few weeks. But is it really so bad?For one thing, the Brexit drama has been running for more than three years now. The British economy has already slowed down due to uncertainty. At this point, any businesses and consumers who were going to act out of worry about Brexit have done so already. On the plus side, Johnson is promising pro-business measures. He's often described as a British Trump, which certainly raises people's concerns. But if you bought stocks when Trump was elected, you've done very well. Johnson could usher in a similar surprise for beaten-down British stocks. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates LYG stock in particular is now offering a more than 7% trailing-12-month dividend yield. It's trading at just 9x trailing and 8x forward earnings. It is also at less than 80% of book value. Even mediocre large banks tend to trade for at least book value if not a slight premium, which would suggest LYG stock is worth closer to $3.50 instead of the current $2.50 price. Groupon (GRPN)Source: Shutterstock Groupon (NASDAQ:GRPN) certainly isn't a hot stock anymore. At one time, people thought Groupon could be the internet's next big advertising platform. In fact, Groupon was so popular that rivals like Living Social attracted multi-billion dollar valuations as well. Well, the hype has definitely worn off. But Groupon is far from dead, and its share price discount makes it one of our stocks to invest in.The company has consolidated its rivals and faces little meaningful competition in its niche anymore. And business is still strong; there are plenty of people who like coupons, after all.It's not all great news for Groupon. The company's revenues have been declining at a single digit rate in recent years. It is trying to offset that with bigger average deal and international expansion. However, with the company's strong cash position, it has plenty of time to turn things around. Additionally, trading at less than 10x cash flow and 5x EBITDA, GRPN stock is cheap for an internet property. That could make it a takeover target for a larger firm or private equity. Cemex (CX)Source: Wikimedia CommonsIf you're like many people, the last time you heard about Cemex (NYSE:CX) was a few years ago when CNBC was hyping a few trades to take advantage of the Trump election. In theory, Cemex was supposed to be a great pick because they'd supply cement to build the wall. For a variety of reasons, this never played out, and CX stock has dropped 50% since then, including a 20% decline just over the past month.But with Cemex totally off everyone's radars, it has now become one of our stocks to invest in. Although Cemex is a Mexican company, it is one of the largest cement producers in America as well. Not surprisingly, investors have dumped the stock given concerns about the American economy and the uncertainty in Mexico since the new government took over there last winter.However, this consensus is mistaken. For one thing, Mexico's economic outlook is still strong, particularly with the North American Free Trade Agreement replacement deal now heading for approval. And the panic over a potential U.S. recession seems overblown. The jobs numbers and consumer confidence are both still near 20-year highs. Additionally, the Federal Reserve rate cuts will lower interest rates, allowing businesses to borrow more money. This, in turn, leads to more construction. * 10 Stocks to Buy on the Trade War Dip Why buy Cemex stock specifically? The company is selling off non-core European assets at favorable valuation ratios to reduce its debt. With that taken care of, the company should return more capital to shareholders in coming years. On a current EV/EBITDA basis, CX stock should be worth closer to $5 instead of the current $3.25 price. Additionally, when CX stock traded down to $3 in both 2012 and 2016, it subsequently rebounded to $10. A similar repeat now would cause shares to triple from here. B2Gold (BTG)Source: Shutterstock I last discussed B2Gold (NYSEAMERICAN:BTG) in my "3 Stocks Under $3 To Consider" article earlier this summer. BTG stock is no longer eligible for that category, as shares have surged 20% in recent weeks to top the $3 mark. In fact, BTG stock just hit fresh 52-week highs on Wednesday despite the broad market selling.I'd refer you back to my previous article for a more detailed overview of B2Gold's operations. The summary, however, remains that it is one of the most diversified smaller gold mining operations out there with impressive growth and an above-average caliber management team.More broadly, gold is continuing to power higher this summer, and silver has started tagging along for the ride. This indicates that investor sentiment for precious metals is rapidly heating up. Throw in the recent Fed rate cut and market unease elsewhere and things are coming together nicely for the precious metals here. BTG stock will continue to ride that wave higher. Sandstorm Gold (SAND)Source: Shutterstock With gold stocks on an absolute tear, it's worth featuring another one among our stocks to invest in as well. Sandstorm Gold (NYSEAMERICAN:SAND) is different from most gold firms because it is a streamer, not a miner. That means that it gets royalties from the production of other company's mines. In effect, Sandstorm is a specialty mining finance operation. This greatly reduces operating risk, because the mining firm, not the royalty owner, takes the hit if the mine fails to live up to expectations or other issues such as strikes or geopolitical problems occur.Over the past decade, while gold mining stocks, as a sector, have lost close to half their value in composite, the streamers have gained value. And Sandstorm, as one of the smallest and fastest-growing, has incredible leverage to the upside in the price of gold. Sandstorm just announced record gold-equivalent ounces of production last quarter. And it has big new asset streams coming online over the next couple of years. * 10 Cyclical Stocks to Buy (or Sell) Now SAND stock is already close to a double from last year's lows. But it could have a lot farther to go, especially if gold tops $1,500/oz this fall. Republic First Bancorp (FRBK)Source: Shutterstock Republic First Bancorp (NASDAQ:FRBK) is the last of our stocks to invest in. It's also in the doghouse at the moment. The northeastern regional bank has dropped from $7.50 in December to near $4 per share this summer. But it may not stay there long.Republic First has a few positive features that most small banks lack. For one, it has a superstar backer in the form of Vernon Hill. Hill led Commerce Bank to such great success that Canadian giant Toronto-Dominion Bank (NYSE:TD) eventually acquired it. Hill used that success to launch Metro Bank in the U.K. and bolster Republic First over here. He owns a large chunk of FRBK stock, and First Republic has brought in many of Hill's executives from Commerce to work for it.Republic First is now growing aggressively. It's posting double-digit deposit and loan growth rates. On top of that, the bank is set to open a premium Manhattan branch location at the corner of 14th St. and 5th Ave., which is a massive pedestrian traffic spot. Combine the bank's aggressive growth with its book value -- currently $4.22 -- and there's a lot to like. Downside on the stock is most limited as it already merely trades for book. But with 15%-20% growth in deposits and loans annually, this thing could take off in a hurry, as it is one of the fastest-growing Northeastern banks.At the time of this writing, Ian Bezek owned SAND stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post 7 Stocks Under $7 to Invest in Now appeared first on InvestorPlace.
- American City Business Journals
Groupon acquires AI communications startup Presence AI
Groupon has acquired San Francisco-based text and voice communication startup Presence AI as it aims to improve the booking experience for customers that use its service.
- Business Wire
Groupon Acquires Presence AI to Enhance Booking Experience
Groupon (www.groupon.com) (GRPN) today announced it has acquired Presence AI (www.presence.ai)––an AI-powered text and voice communications tool that enables and facilitates messaging between customers and merchants. Consumers––especially millennials––vastly prefer messaging and chat-based communications over phone calls.* Presence AI enables merchants to answer to that trend by offering a 24/7 business assistant that integrates with a merchant’s existing scheduling software––or replace pen and paper––to accept and manage bookings, provide instant answers to customer questions, remind people when it’s time to re-book and much more. “We’re pleased to welcome the Presence AI team and their booking technology to Groupon.
- American City Business Journals
Groupon launches $5/month membership program
Groupon is rolling out a membership program that it hopes will keep customers coming back more frequently and spending more while they shop.
- MarketWatch
Groupon launches membership program
Groupon Inc. said Wednesday that it has launched Groupon Select, a membership program that offers members additional deals across the site. Groupon Select costs $4.99 per month and includes perks like an extra 25% off local neighborhood deals and extra 10% off travel, live events and tickets. Members get half off on August 7. Groupon stock is down 3.6% in Wednesday trading, and down nearly 15% for the year to date. The S&P 500 index is up nearly 15% for 2019 so far.
- Business Wire
Groupon Launches Groupon Select––New Membership Program Providing Access to Exclusive Savings and Insider Perks
CHICAGO-- -- Groupon Select benefits include an extra 25% off local deals in your neighborhood, an extra 15% off plus free shipping on all Groupon Goods orders and an extra 10% off travel, live events and tickets––all for just $4.99 a month Aug. 7 “Select Day” launch celebration offers members 50% off one eligible item Groupon today announced the launch of a new membership program, Groupon Select , ...
- Thomson Reuters StreetEvents
Edited Transcript of GRPN earnings conference call or presentation 31-Jul-19 2:00pm GMT
Q2 2019 Groupon Inc Earnings Call
- Zacks
Groupon (GRPN) Earnings and Revenues Lag Estimates in Q2
Groupon (GRPN) battered by lower customer and traffic. However, the company's effort of launching new products on a regular basis is a positive.
- Zacks
Implied Volatility Surging for Groupon (GRPN) Stock Options
Investors need to pay close attention to Groupon (GRPN) stock based on the movements in the options market lately.
Motley FoolGroupon (GRPN) Q2 2019 Earnings Call Transcript
GRPN earnings call for the period ending June 30, 2019.
- Investopedia
How Groupon Makes Money: Direct Sales and Commissions
Groupon is known for offering discount coupons and vouchers for a variety of retailers and services, but the company also has other revenue streams you may not know about.
- Zacks
What's in Store for Lam Research (LRCX) This Earnings Season?
Lam Research's (LRCX) fiscal fourth-quarter results are likely to benefit from strength in non-memory markets and robust equipment demand. However, PC volatility and competition remain concerns.
- Zacks
Buy 6 Top Stocks Set to Beat on Earnings in Q2 Today
Second-quarter 2019 earnings expectations have improved this month. In spite of a prolonged trade conflict with China, we do not see a broad-based decline in guidance by U.S. corporates.
- Zacks
Garmin (GRMN) to Report Q2 Earnings: What's in the Offing?
Garmin's (GRMN) second-quarter results are likely to benefit from expanding product portfolio and strength in the wearables market. Yet, weak personal navigation device space remains a concern.
- Zacks
Can Solid Product Portfolio Aid Baidu's (BIDU) Q2 Earnings?
Strong product portfolio is likely to drive Baidu's (BIDU) Q2 earnings. Yet, higher expenses, slowing economy and increasing competition from other players might impact its upcoming results.
- Simply Wall St.
Is There An Opportunity With Groupon, Inc.'s (NASDAQ:GRPN) 26% Undervaluation?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Groupon, Inc...
- Business Wire
Groupon Employees Volunteered a Record-Setting 14,000 Hours in Their Local Communities Last Month
Groupon today unveiled the results of its sixth annual global employee volunteer-a-thon (https://community.groupon.com/groupon-employees-volunteered-a-record-setting-14000-hours-in-their-local-communities-last-month/), a company-wide initiative that encourages employees during the month of June to get involved in their local communities and connects them with the causes they care about the most. “Once again, we continue to be blown away by the bar-raising levels of volunteer engagement and leadership shown by Groupon employees in their local communities,” said Groupon’s President of North America and Groupon Volunteers executive sponsor Aaron Cooper.
- Business Wire
Groupon to Webcast Second Quarter 2019 Financial Results Conference Call
Groupon, Inc. announced today that it intends to hold a conference call to discuss its second quarter 2019 financial results on Wednesday, July 31, 2019, at 10:00am EDT.
- InvestorPlace
3 Forgotten Tech Stocks Worth Remembering
You can't deny that the technology sector is fast-paced. It's ever-changing as new fads, trends, devices, and applications come and go. Today, it's cloud computing. A few years ago, it was wearable devices. And who can forget the hype surrounding B2B stocks during the dotcom days?But as these trends shifted, so too have the various tech stocks. The sector is littered with former leaders that have now turned into losers.Not all former high-flying tech stocks are worthy of the dust bin, though.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn fact, there are plenty of decidedly old-school technology firms that are still making plenty of profits, cash flows and even dividends for their shareholders.For investors, these now-forgotten tech stocks could be huge potential values in the making. Sure, they require some patience and a little luck, but the potential rewards are great. All in all, making some room in a portfolio for a few forgotten tech stocks could make a ton of sense. * 7 Retail Stocks to Buy for the Second Half of 2019 But which ones actually have the goods to outperform over the long haul? Here are three former high-flying tech stocks that could be big bargains. eBay (EBAY)While Amazon (NASDAQ:AMZN) and even Walmart (NYSE:WMT) capture most of investor's e-commerce love, old school tech stock eBay (NASDAQ:EBAY) continues to rack up sales and profit growth.The firm is still one of the largest online retailers in the world -- with more than 179 million active users and an average of over 1.9 billion listings on its site at any one time. Meanwhile, as a third-party listing service, EBAY features some pretty high margins and cash flows when it comes to people actually making a purchase on the site.And it turns out, the firm has some tricks up its sleeve to get its former mojo going.After eBay jettisoned PayPal (NASDAQ:PYPL), growth at the firm slowed to a trickle. In order to get that growth back, the firm is starting to copy a playbook that has helped both AMZN and WMT: sponsored ads and promoted listings.EBAY charges sellers a fee in order to boost the prevalence of their products and quicken the pace of a sale. The beauty is that EBAY will still get the standard commission fees when the item does sell.These promoted ads are starting to work wonders. During the first quarter, eBay managed to generate more than $65 million in extra revenues from them. Better still, this only improves the firm's margins. Adding in moves to refresh and simplify the buying experience, eBay is back on track to post some significant gains this year.Despite the potential, new dividend, and increased estimates, EBAY stock trades at a forward P/E of 13. When it comes to tech stocks, eBay should not be forgotten. Groupon (GRPN)Source: Shutterstock A strange thing recently happened at a summer kick-off barbecue I attended. Multiple people were talking deals that they had scored on Groupon (NASDAQ:GRPN).About a decade ago, the deal-making site became a huge fad as it promoted its voucher system for local restaurants, goods, and various services. You could pay a low cost to save as much as 80% on dinner, a movie, and even dog grooming services. These days, GRPN is moving away from that system and into a potentially more lucrative one for consumers and its bottom line.Groupon now offers what's called card-linked deals. Instead of buying a voucher for a service later on, consumers are able to link a credit card to the account and then get cash back after they buy a good or service advertised on the platform. The benefit is that customers don't pay until the point of service and can use deals an unlimited number of times.At the same time, it has revamped its voucher-based products by adding appointments for certain services and experience segments. These two moves are designed to create a more seamless interaction between customers and businesses. Moreover, it's designed to make using GRPN a habit. The tech stock just sits back and collects the fees. * 10 Best Stocks for 2019: A Volatile First Half And while it's easy to write GRPN off as a former fad, the firm continues to be free cash flow positive, have a huge $1 billion in cash on its balance sheet, and see improving results. In the end, Groupon may be a former high-flyer, but today, investors are getting a huge sale on the discount provider. Dell Technologies (DELL)Dude, you're getting a Dell … again. However, these days Dell Technologies (NASDAQ:DELL) is a far better and perhaps more important tech stock than it was during the go-go dotcom days.The story of how DELL got here is perhaps a bit convoluted. The PC maker was public throughout the internet boom and was taken private by founder Michael Dell and Silver Lake Partners. During that time, the firm made a big splash when it bought enterprise software specialist EMC Corporation, which also included a stake in VMware (NASDAQ:VMW). This led to a tracking stock covering Dell's VMW holding.Which brings us to today. Dell decided to roll-up that tracking stock and once again IPO as its former ticker DELL.And while it may have fallen out of the public eye in the five or so years it wasn't openly traded, DELL has become a monster of an integrated tech stock. The PC and server business is still there -- which is booming thanks to rising data center demand. Meanwhile, the firm is a leader in cloud computing and virtualization software, cybersecurity via RSA as well as various infrastructure-as-a-service (IaaS) products. Today's DELL is looking like a real contender among leading tech stocks. That fact has shown up in its first-quarter results. First quarter revenue clocked in at $21.9 billion -- an increase of 3%.In the end, Dell may be a blast from the past. But this is one forgotten tech stock ready to rewrite its future. At the time of writing, Aaron Levitt held a long position in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post 3 Forgotten Tech Stocks Worth Remembering appeared first on InvestorPlace.
- American City Business Journals
Groupon cuts distribution deal with Prodege
This marks the latest of several card-linked offers distribution deals the Chicago-based company has made recently.
- Business Wire
Groupon and Prodege Announce Card-Linked Offers Distribution Partnership
Today, Groupon (GRPN), the global marketplace for local services, experiences and goods, announced a U.S. distribution partnership with Prodege, an internet and media company that is dedicated to creating rewarding moments for its members and has awarded them more than $700 million in cash and free gift cards. Under the terms of the deal, Groupon will provide Prodege with local restaurants and other merchants’ card-linked offer content. Prodege rewards program members will be able to load those offers directly onto an eligible payment card, and they’ll receive either cash back or valuable rewards points that they can redeem for gift cards from popular retailers.
