Stocks of Quotient Technology Inc. (NYSE:QUOT) traded higher last session on Wall Street, unchanged to $3.97.
According to the data, Quotient Technology Inc. (NYSE:QUOT) has 2 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.00 and a low of $4.00, we find $4.00. Given the previous closing price of $3.97, this indicates a potential upside of 0.76 percent. QUOT stock price is now 12.19% away from the 50-day moving average and 21.22% away from the 200-day moving average. The market capitalization of the company currently stands at $389.73M.
A total of 2 analysts have issued a hold rating and 0 have given it a buy rating. Brokers who have rated the stock have averaged $4.00 as their price target over the next twelve months.
With the price target enhanced from $3 to $4.50, Craig Hallum Upgraded its rating from Hold to Buy for Quotient Technology Inc. (NYSE: QUOT).
In other news, Reece Joseph E, Director bought 10,000 shares of the company’s stock on Dec 15. The stock was bought for $31,092 at an average price of $3.11. Upon completion of the transaction, the Director now directly owns 146,535 shares in the company, valued at $0.58 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 29, Director GESSOW ANDREW J bought 15,000 shares of the business’s stock. A total of $45,000 was incurred on buying the stock at an average price of $3.00. This leaves the insider owning 400,108 shares of the company worth $1.59 million. Insiders disposed of 234,628 shares of company stock worth roughly $0.93 million over the past 1 year. A total of 8.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in QUOT stock. A new stake in Quotient Technology Inc. shares was purchased by B. RILEY ASSET MANAGEMENT, LLC during the first quarter worth $1,142,000. OLYMPIAD RESEARCH LP invested $1,031,000 in shares of QUOT during the first quarter. In the first quarter, ACADIAN ASSET MANAGEMENT LLC acquired a new stake in Quotient Technology Inc. valued at approximately $669,000. RESOURCES INVESTMENT ADVISORS, LLC. acquired a new stake in QUOT for approximately $262,000. STATE OF WYOMING purchased a new stake in QUOT valued at around $262,000 in the second quarter. In total, there are 159 active investors with 75.20% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $3.9700 for Quotient Technology Inc. (NYSE: QUOT). During the past 12 months, Quotient Technology Inc. has had a low of $1.68 and a high of $4.25. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for QUOT is $3.5600 and a two-hundred day moving average price translates $3.2839 for the stock.
The latest earnings results from Quotient Technology Inc. (NYSE: QUOT) was released for Mar, 2023. According to the Advertising Agencies Company, earnings per share came in at -$0.18, missing analysts’ expectations of -$0.06 by -0.12. This compares to -$0.28 EPS in the same period last year. The net profit margin was -25.20% and return on equity was -39.20% for QUOT. The company reported revenue of $59.27 million for the quarter, compared to $78.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -24.46 percent. For the current quarter, analysts expect QUOT to generate $69.17M in revenue.
Quotient Technology Inc.(QUOT) Company Profile
Quotient Technology Inc. operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company’s Promotions platform offers cash-back rebates, digital paperless promotions, and digital print promotions; and brand and retailer websites and mobile applications; and third-party publishing websites and mobile applications. It also provides Direct-to-Consumer platform, which include Shopmium app to deliver cash back rebates to consumers, market advertisers’ brands media, and product placements; Retail Ad Network platform provides brands with a way to support multiple national and regional retailers; Quotient Analytics provides campaign analytics and measured sales results to brands and retailers; and Digital-out-of-Home.. It serves consumer packed goods, representing various brands, including various food, beverage, personal care, and household product manufacturers; retail partners representing various classes of trade, such as grocery retailers, drug, automotive mass merchant, dollar, club, and convenience merchandise channels; and consumers visiting its websites, mobile properties, and social channels. The company was formerly known as Coupons.com Incorporated and changed its name to Quotient Technology Inc. in October 2015. Quotient Technology Inc. was incorporated in 1998 and is headquartered in Salt Lake City, Utah.
