Wall Street brokerages expect that Quotient Technology Inc (NYSE:QUOT) will report earnings per share (EPS) of $0.08 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Quotient Technology’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.09. Quotient Technology reported earnings per share of $0.11 during the same quarter last year, which suggests a negative year over year growth rate of 27.3%. The business is expected to issue its next earnings report on Tuesday, February 12th.
On average, analysts expect that Quotient Technology will report full-year earnings of $0.08 per share for the current year. For the next year, analysts anticipate that the business will post earnings of $0.33 per share, with EPS estimates ranging from $0.27 to $0.38. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Quotient Technology.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.04). Quotient Technology had a negative net margin of 5.27% and a negative return on equity of 3.11%. The firm had revenue of $103.60 million for the quarter, compared to the consensus estimate of $102.99 million. During the same period last year, the company posted ($0.12) EPS. The business’s revenue was up 26.3% compared to the same quarter last year.
QUOT has been the topic of several research analyst reports. ValuEngine upgraded Quotient Technology from a “hold” rating to a “buy” rating in a research report on Saturday, September 1st. Zacks Investment Research cut Quotient Technology from a “hold” rating to a “sell” rating in a report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $17.00.
In other Quotient Technology news, COO Chad Summe sold 2,903 shares of the stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $12.42, for a total value of $36,055.26. Following the transaction, the chief operating officer now owns 125,454 shares in the company, valued at $1,558,138.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Steven R. Boal sold 50,000 shares of the stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $15.50, for a total value of $775,000.00. Following the completion of the transaction, the chairman now owns 3,168,672 shares in the company, valued at approximately $49,114,416. The disclosure for this sale can be found here. Over the last three months, insiders have sold 152,903 shares of company stock worth $2,096,555. 9.50% of the stock is owned by insiders.
Institutional investors and hedge funds have recently modified their holdings of the stock. Swiss National Bank lifted its holdings in shares of Quotient Technology by 7.2% in the 2nd quarter. Swiss National Bank now owns 138,100 shares of the technology company’s stock worth $1,809,000 after purchasing an additional 9,300 shares in the last quarter. Sei Investments Co. bought a new position in shares of Quotient Technology in the 2nd quarter worth $150,000. Rhumbline Advisers lifted its stake in shares of Quotient Technology by 7.8% in the second quarter. Rhumbline Advisers now owns 76,446 shares of the technology company’s stock valued at $1,001,000 after buying an additional 5,520 shares in the last quarter. We Are One Seven LLC bought a new position in shares of Quotient Technology in the third quarter valued at $233,000. Finally, Royal Bank of Canada lifted its stake in shares of Quotient Technology by 39.9% in the first quarter. Royal Bank of Canada now owns 36,149 shares of the technology company’s stock valued at $473,000 after buying an additional 10,312 shares in the last quarter. Institutional investors own 76.39% of the company’s stock.
Shares of Quotient Technology stock traded down $0.28 on Wednesday, hitting $12.41. 535,464 shares of the company’s stock traded hands, compared to its average volume of 618,405. Quotient Technology has a one year low of $10.35 and a one year high of $15.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 6.27 and a quick ratio of 6.27. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -95.46 and a beta of 0.15.
About Quotient Technology
Quotient Technology Inc provides digital marketing platform that offers digital coupons and media solutions to consumer packaged goods (CPGs) brands, retailers, and shoppers in the United States. The company operates its platform across various distribution networks, reaching approximately 60 million shoppers, including the app and Website of its flagship consumer brand, Coupons.com, other owned and operated properties, and various publisher partners.
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