Quotient Technology Inc (NYSE:QUOT) has earned an average recommendation of “Buy” from the twelve research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $17.63.
A number of research analysts have issued reports on the company. Oppenheimer assumed coverage on Quotient Technology in a research note on Wednesday, February 21st. They set an “outperform” rating and a $16.00 price objective for the company. First Analysis boosted their price target on Quotient Technology to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday. ValuEngine cut Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, November 30th. Zacks Investment Research upgraded Quotient Technology from a “sell” rating to a “hold” rating in a research note on Thursday, February 15th. Finally, Wedbush restated an “outperform” rating and issued a $17.00 price target on shares of Quotient Technology in a research note on Monday, February 12th.
Shares of Quotient Technology (NYSE:QUOT) traded down $0.20 during trading hours on Friday, reaching $14.35. The company’s stock had a trading volume of 311,654 shares, compared to its average volume of 541,125. The stock has a market capitalization of $1,344.74, a PE ratio of -84.41, a price-to-earnings-growth ratio of 9.31 and a beta of -0.26. Quotient Technology has a 1-year low of $9.10 and a 1-year high of $17.85. The company has a quick ratio of 6.03, a current ratio of 6.03 and a debt-to-equity ratio of 0.37.
Quotient Technology (NYSE:QUOT) last announced its quarterly earnings data on Tuesday, February 13th. The technology company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $93.09 million during the quarter, compared to analysts’ expectations of $92.48 million. Quotient Technology had a negative return on equity of 3.02% and a negative net margin of 4.68%. sell-side analysts predict that Quotient Technology will post 0.11 EPS for the current fiscal year.
In related news, Chairman Steven R. Boal sold 50,000 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $13.20, for a total transaction of $660,000.00. Following the completion of the sale, the chairman now owns 3,300,146 shares in the company, valued at $43,561,927.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven Michael Horowitz sold 56,300 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $13.18, for a total value of $742,034.00. The disclosure for this sale can be found here. 11.46% of the stock is owned by insiders.
Institutional investors have recently bought and sold shares of the stock. Amalgamated Bank purchased a new stake in Quotient Technology during the fourth quarter valued at $121,000. Great West Life Assurance Co. Can increased its position in Quotient Technology by 116.7% during the third 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 last quarter. Capital Fund Management S.A. purchased a new stake in Quotient Technology during the fourth quarter valued at $140,000. Wolverine Trading LLC increased its position in Quotient Technology by 119.8% during the fourth quarter. Wolverine Trading LLC now owns 12,140 shares of the technology company’s stock valued at $143,000 after acquiring an additional 6,617 shares during the last quarter. Finally, Ellington Management Group LLC purchased a new stake in Quotient Technology during the fourth quarter valued at $199,000. Institutional investors own 74.75% 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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