Brokerages expect that Quotient Technology Inc (NYSE:QUOT) will announce $0.08 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Quotient Technology’s earnings, with estimates ranging from $0.05 to $0.10. Quotient Technology reported earnings of $0.05 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 60%. The firm is expected to announce its next earnings results on Tuesday, February 13th.
According to Zacks, analysts expect that Quotient Technology will report full-year earnings of $0.15 per share for the current financial year, with EPS estimates ranging from $0.14 to $0.16. For the next fiscal year, analysts forecast that the business will report earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.62. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Quotient Technology.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings results on Tuesday, February 13th. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.06). Quotient Technology had a negative return on equity of 4.96% and a negative net margin of 5.17%.
Several research analysts recently issued reports on QUOT shares. BidaskClub downgraded shares of Quotient Technology from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. ValuEngine downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Thursday, November 30th. Zacks Investment Research downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Finally, Wedbush restated an “outperform” rating on shares of Quotient Technology in a research report on Monday. Three analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. Quotient Technology presently has an average rating of “Hold” and a consensus price target of $18.14.
Quotient Technology (NYSE QUOT) opened at $10.95 on Wednesday. The stock has a market cap of $1,020.00, a PE ratio of -64.41, a P/E/G ratio of 4.58 and a beta of -0.12. Quotient Technology has a 52-week low of $9.10 and a 52-week high of $17.85.
In other Quotient Technology news, Director Andrew J. Gessow bought 5,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were bought at an average cost of $12.25 per share, for a total transaction of $61,250.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 11.46% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Amalgamated Bank acquired a new stake in shares of Quotient Technology in the 4th quarter valued at approximately $121,000. Capital Fund Management S.A. acquired a new stake in shares of Quotient Technology in the 4th quarter valued at approximately $140,000. Wedbush Securities Inc. acquired a new stake in shares of Quotient Technology in the 3rd quarter valued at approximately $160,000. Principal Financial Group Inc. raised its position in shares of Quotient Technology by 15.3% in the 2nd quarter. Principal Financial Group Inc. now owns 14,274 shares of the technology company’s stock valued at $164,000 after acquiring an additional 1,889 shares during the period. Finally, Great West Life Assurance Co. Can raised its position in shares of Quotient Technology by 116.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 11,269 shares of the technology company’s stock valued at $175,000 after acquiring an additional 6,069 shares during the period. Institutional investors own 72.12% of the company’s stock.
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Quotient Technology Company Profile
Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.
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