Quotient Technology (QUOT) Receiving Somewhat Favorable News Coverage, Analysis Finds

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Media coverage about Quotient Technology (NYSE:QUOT) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Quotient Technology earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.8736324429714 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern’s scoring:

QUOT stock traded up $0.20 on Friday, reaching $15.15. 309,455 shares of the company traded hands, compared to its average volume of 290,817. Quotient Technology has a one year low of $10.35 and a one year high of $17.85. The company has a quick ratio of 5.28, a current ratio of 5.28 and a debt-to-equity ratio of 0.39. The firm has a market cap of $1.42 billion, a PE ratio of -116.54 and a beta of -0.15.

Quotient Technology (NYSE:QUOT) last posted its quarterly earnings data on Tuesday, July 31st. The technology company reported ($0.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.02). Quotient Technology had a negative net margin of 6.45% and a negative return on equity of 4.00%. The company had revenue of $89.55 million for the quarter, compared to the consensus estimate of $88.44 million. research analysts expect that Quotient Technology will post -0.17 earnings per share for the current fiscal year.

A number of research analysts have recently commented on QUOT shares. Royal Bank of Canada cut Quotient Technology from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, August 1st. ValuEngine upgraded Quotient Technology from a “hold” rating to a “buy” rating in a research note on Saturday, September 1st. Finally, Zacks Investment Research cut Quotient Technology from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Quotient Technology has an average rating of “Hold” and an average price target of $18.00.

In related news, insider Steven R. Boal sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, July 16th. The stock was sold at an average price of $14.13, for a total transaction of $706,500.00. Following the completion of the transaction, the insider now owns 3,262,653 shares of the company’s stock, valued at approximately $46,101,286.89. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 150,000 shares of company stock valued at $2,083,000. 9.50% of the stock is owned by corporate insiders.

Quotient Technology Company Profile

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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