Quotient Technology Inc. (NYSE: QUOT) Given the average “hold” recommendation by brokerage firms
Shares of Quotient Technology Inc. (NYSE: QUOT) have received a consensus rating of “Hold” from the six rating companies that cover the company, Marketbeat reports. One investment analyst gave the stock a sell rating, another assigned a conservation rating, and three assigned a buy rating to the company. The average one-year target price among brokerage firms that reported on the stock in the past year is $ 12.75.
Several brokerage firms have published reports on QUOT. Craig Hallum lowered his price target on Quotient Technology from $ 18.00 to $ 11.00 and set a “buy” rating for the company in a report released on Thursday, November 4. Zacks investment research downgraded Quotient Technology from a “strong sell” rating to a “conservation” rating in a report released Wednesday, November 3. Finally, Morgan Stanley lowered its price target on Quotient Technology from $ 8.50 to $ 5.00 and set an “underweight” rating for the company in a report released on Monday, October 11.
Meanwhile, director Robert A. Mcdonald bought 20,336 shares of the company in a transaction that took place on Monday, November 22. The stock was purchased at an average price of $ 7.38 per share, for a total value of $ 150,079.68. The purchase has been disclosed in a legal file with the Securities & Exchange Commission, which can be accessed through this link. 11.00% of the shares are held by insiders.
A number of institutional investors have recently increased or reduced their holdings in QUOT. Marshall Wace LLP purchased a new position in Quotient Technology in the first quarter valued at approximately $ 95,000. Royal Bank of Canada increased its position in Quotient Technology by 747.2% in the first quarter. Royal Bank of Canada now owns 8,675 shares of the tech company valued at $ 142,000 after acquiring an additional 7,651 shares in the last quarter. Principal Financial Group Inc. increased its position in Quotient Technology by 398.9% in the first quarter. Principal Financial Group Inc. now owns 76,186 shares of the tech company valued at $ 1,245,000 after acquiring an additional 60,915 shares in the last quarter. Dupont Capital Management Corp purchased a new position in Quotient Technology in the second quarter valued at approximately $ 279,000. Finally, Advisor Group Holdings Inc. increased its position in Quotient Technology by 18.6% in the second quarter. Advisor Group Holdings Inc. now owns 11,267 shares of the tech company valued at $ 123,000 after acquiring an additional 1,771 shares in the last quarter. Hedge funds and other institutional investors hold 82.50% of the company’s shares.
Actions of Quotient Technology Stock open for $ 7.05 Tuesday. The company’s fifty-day simple moving average is $ 6.66. Quotient Technology has a one-year low of $ 5.09 and a one-year high of $ 17.93. The company has a market cap of $ 665.68 million, a P / E ratio of -10.22 and a beta of 0.91. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt to equity ratio of 0.79.
Quotient Technology (NYSE: QUOT) last reported its quarterly results on Wednesday, November 3. The tech company reported ($ 0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($ 0.09) by $ 0.01. Quotient Technology recorded a negative return on equity of 26.22% and a negative net margin of 12.32%. In the same quarter of the previous year, the company posted ($ 0.05) earnings per share. As a group, sell-side analysts expect Quotient Technology to post an EPS of -0.41 for the current year.
About quotient technology
Quotient Technology, Inc is committed to operating a digital marketing platform that connects brands and retailers with consumers through web, mobile and social channels. It offers digital printable coupons, digital paperless coupons, promo codes and other promotions. The company was founded by Steven R.
Read more: Example of operating profit, EBIT and EBITDA
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