A consensus recommendation has been set for the shares of Quotient Technology Inc. (NYSE: QUOT) is one of the six research firms currently covering stocks, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts who updated their coverage of the stock in the past year is $12.75.
Several research analysts have recently focused on QUOT stocks. Zacks Investment Research upgraded shares of Quotient Technology from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 3rd. Craig Hallum cut the price target for Quotient Technology shares from $18.00 to $11.00 and assigned a “buy” rating to the company in a research note on Thursday, November 4th. Finally, Morgan Stanley lowered its price target for Quotient Technology stock from $8.50 to $5.00 and placed a “underweight” rating for the company in a research report on Monday, October 11th.
In related news, director Robert A. McDonald’s 20,336 shares of the company’s stock in a transaction on Monday, November 22nd. The shares were purchased at an average cost of $7.38 per share, for a total value of $150,079.68. The acquisition was disclosed in a document filed with the Securities and Exchange Commission, which is available through the Saudi Electricity and Stock Exchange website. Corporate insiders own 11.00% of the company’s shares.
A number of hedge funds have recently made changes to their QUOT positions. Vanguard Group Inc. Its position in shares of Quotient Technology increased by 2.3% in the second quarter. Vanguard Group Inc. owns. There are now 7,349,445 shares of the technology company’s stock valued at $77,700,000 after purchasing an additional 162,771 shares during the period. Qube Research & Technologies Ltd raised its stake in Quotient Technology by 173.7% during the second quarter. Qube Research & Technologies Ltd now owns 51,870 shares of the technology company’s stock, valued at $561,000 after purchasing an additional 32,918 shares in the last quarter. Knott David M raised its stake in Quotient Technology by 150.0% during the second quarter. Knott David M now owns 125,000 shares of the technology company stock, valued at $1,351,000 after purchasing an additional 75,000 shares in the last quarter. CHICAGO TRUST Co NA raised its stake in shares of Quotient Technology by 28.9% in the 3rd quarter. CHICAGO TRUST Co NA now owns 14,217 shares of the technology company’s stock valued at $83,000 after purchasing an additional 3,185 shares last quarter. Finally, Northern Trust Corp. raised its stake in Quotient Technology by 1.0% in the second quarter. Northern Trust Corp. now owns 968,099 shares of the technology company’s stock, valued at $10,465,000 after purchasing an additional 9,271 shares in the last quarter. 82.50% of the shares are owned by institutional investors and hedge funds.
Shares of Quotient Technology opened at $7.35 on Friday. The company’s 50-day simple moving average is $7.15 and the 200-day simple moving average is $7.99. The stock has a market capitalization of $694.00 million, a price-earnings ratio of -10.65 and a beta of 0.93. Quotient Technology recorded a 12-month low of $5.09 and a 12-month high of $17.93. The company’s debt-to-equity ratio is 0.79, the trading ratio is 2.63 and the speed ratio is 2.63.
Quotient Technology (NYSE: QUOT) posted its latest quarterly earnings data on Wednesday, November 3rd. The tech company reported earnings ($0.08) per share for the quarter, topping analysts’ estimates of ($0.09) by $0.01. The company generated revenue of $135.88 million for the quarter, compared to analyst estimates of $132.07 million. Quotient Technology had a net negative net margin of 12.32% and a negative return on equity of 26.22%. During the same period last year, the company reported ($0.05) earnings per share. Analysts expect Quotient Technology to post earnings per share of -0.41 for the current year.
About Quotient . Technology
Quotient Technology, Inc. is engaged in operating a digital marketing platform that connects brands and retailers with consumers through web, mobile and social channels. Offers printable digital coupons, paperless digital coupons, voucher codes, and other promotions. The company was founded by Stephen R.
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