Wall Street analysts predict that Quotient Technology Inc (NYSE:QUOT) will announce $0.08 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Quotient Technology’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.09. Quotient Technology reported earnings of $0.11 per share during the same quarter last year, which indicates a negative year over year growth rate of 27.3%. The firm is scheduled to report 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 financial year. For the next financial year, analysts forecast that the firm will report earnings of $0.33 per share, with EPS estimates ranging from $0.27 to $0.38. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Quotient Technology.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings data on Wednesday, November 7th. The technology company reported ($0.08) earnings per share 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 company had revenue of $103.60 million during the quarter, compared to the consensus estimate of $102.99 million. During the same period in the previous year, the business posted ($0.12) earnings per share. The firm’s revenue was up 26.3% on a year-over-year basis.
A number of analysts have issued reports on QUOT shares. ValuEngine lowered Quotient Technology from a “buy” rating to a “hold” rating in a report on Tuesday, October 9th. Zacks Investment Research raised Quotient Technology from a “sell” rating to a “hold” rating in a research note on Wednesday, January 9th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $17.00.
Shares of QUOT stock traded up $0.13 during trading on Monday, reaching $11.56. The company had a trading volume of 378,716 shares, compared to its average volume of 392,784. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -88.92 and a beta of 0.36. The company has a debt-to-equity ratio of 0.40, a quick ratio of 6.27 and a current ratio of 6.27. Quotient Technology has a one year low of $10.08 and a one year high of $15.98.
In other news, COO Chad Summe sold 2,903 shares of the company’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $12.42, for a total transaction of $36,055.26. Following the completion of the transaction, the chief operating officer now directly owns 125,454 shares of the company’s stock, valued at $1,558,138.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Steven R. Boal sold 50,000 shares of the company’s stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $12.64, for a total value of $632,000.00. Following the transaction, the insider now directly owns 3,068,672 shares of the company’s stock, valued at $38,788,014.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 152,903 shares of company stock valued at $1,801,055. Insiders own 9.50% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sei Investments Co. bought a new stake in Quotient Technology in the second quarter valued at approximately $150,000. Rhumbline Advisers raised its stake in 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 during the period. Bank of New York Mellon Corp increased its stake in shares of Quotient Technology by 29.4% during the second quarter. Bank of New York Mellon Corp now owns 546,408 shares of the technology company’s stock worth $7,158,000 after purchasing an additional 124,103 shares during the period. Russell Investments Group Ltd. grew its position in Quotient Technology by 12.8% during the second quarter. Russell Investments Group Ltd. now owns 224,850 shares of the technology company’s stock worth $2,945,000 after buying an additional 25,530 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in Quotient Technology by 4.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 403,305 shares of the technology company’s stock worth $5,284,000 after buying an additional 18,998 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.
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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