According to Zacks, “Quotient Technology Inc. provides digital promotion and media platform which connects brands, retailers and consumers. It offers digital coupons, including coupon codes and media and advertising through its platform which includes Web, mobile and social channels as well as consumer packaged goods companies, retailers and publishers. Quotient Technology Inc., formerly known as Coupons.com, is headquartered in Mountain View, California. “
A number of other equities research analysts also recently weighed in on the company. Craig Hallum reaffirmed a buy rating and issued a $100.00 target price (down previously from $120.00) on shares of GrubHub in a report on Wednesday, April 17th. TheStreet raised White Mountains Insurance Group from a c rating to a b rating in a report on Monday, May 13th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $15.20.
Shares of QUOT stock opened at $11.32 on Tuesday. The firm has a fifty day simple moving average of $10.89. Quotient Technology has a fifty-two week low of $8.92 and a fifty-two week high of $15.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.94 and a current ratio of 3.94.
Quotient Technology (NYSE:QUOT) last issued its earnings results on Tuesday, May 7th. The technology company reported ($0.11) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.01. The firm had revenue of $98.11 million for the quarter, compared to the consensus estimate of $96.27 million. Quotient Technology had a negative return on equity of 6.59% and a negative net margin of 7.58%. On average, analysts forecast that Quotient Technology will post -0.23 earnings per share for the current year.
In related news, CFO Ronald J. Fior sold 15,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $10.25, for a total transaction of $153,750.00. Following the sale, the chief financial officer now owns 309,563 shares of the company’s stock, valued at approximately $3,173,020.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jason Young sold 7,500 shares of the firm’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $11.03, for a total value of $82,725.00. Following the sale, the insider now directly owns 187,355 shares in the company, valued at approximately $2,066,525.65. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,163 shares of company stock worth $262,579. 10.00% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently made changes to their positions in the business. Redmond Asset Management LLC increased its position in Quotient Technology by 2.4% in the 1st quarter. Redmond Asset Management LLC now owns 73,117 shares of the technology company’s stock valued at $722,000 after buying an additional 1,718 shares in the last quarter. SG Americas Securities LLC lifted its stake in Quotient Technology by 6.8% in the first quarter. SG Americas Securities LLC now owns 40,456 shares of the technology company’s stock valued at $399,000 after purchasing an additional 2,584 shares during the last quarter. Legal & General Group Plc lifted its stake in Quotient Technology by 25.0% in the fourth quarter. Legal & General Group Plc now owns 15,535 shares of the technology company’s stock valued at $166,000 after purchasing an additional 3,103 shares during the last quarter. US Bancorp DE lifted its stake in Quotient Technology by 10.9% in the first quarter. US Bancorp DE now owns 49,319 shares of the technology company’s stock valued at $487,000 after purchasing an additional 4,835 shares during the last quarter. Finally, Quantamental Technologies LLC lifted its stake in Quotient Technology by 328.1% in the first quarter. Quantamental Technologies LLC now owns 7,568 shares of the technology company’s stock valued at $75,000 after purchasing an additional 5,800 shares during the last quarter. 70.50% of the stock is currently owned by hedge funds and other institutional investors.
About Quotient Technology
Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.
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