Zacks: Analysts Anticipate Quotient Technology Inc (NASDAQ:QUOT) to Post -$0.14 Earnings Per Share

Wall Street brokerages expect Quotient Technology Inc (NASDAQ:QUOT) to announce ($0.14) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Quotient Technology’s earnings. The lowest EPS estimate is ($0.14) and the highest is ($0.13). Quotient Technology posted earnings of ($0.02) per share during the same quarter last year, which indicates a negative year over year growth rate of 600%. The business is scheduled to announce its next quarterly earnings results on Monday, February 8th.

On average, analysts expect that Quotient Technology will report full-year earnings of ($0.46) per share for the current fiscal year, with EPS estimates ranging from ($0.50) to ($0.42). For the next year, analysts anticipate that the firm will post earnings of ($0.26) per share, with EPS estimates ranging from ($0.45) to ($0.08). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Quotient Technology.

Quotient Technology (NASDAQ:QUOT) last issued its quarterly earnings data on Wednesday, November 4th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.10. During the same period last year, the business earned ($0.01) EPS. The business had revenue of $56.50 million for the quarter, compared to analyst estimates of $63.15 million. The firm’s quarterly revenue was down 3.4% on a year-over-year basis.

In other Quotient Technology news, COO Mir Aamir sold 44,409 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $5.62, for a total transaction of $249,578.58. Following the completion of the sale, the chief operating officer now directly owns 315,933 shares in the company, valued at approximately $1,775,543.46. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Several equities analysts recently weighed in on the stock. Craig Hallum lowered shares of Quotient Technology from a “buy” rating to a “hold” rating in a research report on Friday, October 23rd. Zacks Investment Research lowered shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Wednesday, October 28th. Bank of America lowered shares of Quotient Technology from a “buy” rating to an “underperform” rating and set a $7.00 target price for the company. in a research report on Friday, October 23rd. RBC Capital reiterated a “sector perform” rating and set a $8.00 target price (down previously from $11.00) on shares of Quotient Technology in a research report on Thursday, November 5th. Finally, William Blair reiterated a “market perform” rating on shares of Quotient Technology in a research report on Thursday, November 19th. Three analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Quotient Technology presently has a consensus rating of “Hold” and a consensus price target of $10.75.

Shares of Quotient Technology (NASDAQ:QUOT) opened at 6.82 on Monday. The firm has a 50-day moving average of $0.00 and a 200 day moving average of $0.00. The firm’s market cap is $610.06 million. Quotient Technology has a 52 week low of $6.31 and a 52 week high of $7.16.

12 Month Chart for NASDAQ:QUOT

Quotient Technology Inc., formerly Coupons.com Incorporated, operates a digital promotion platform that connects brands and retailers with consumers. The Company has over 2,000 brands from around 700 consumer packaged goods companies (NASDAQ:QUOT), and other grocery, drug and mass merchandise retailers use its promotion platform to engage consumers at the moments when they are choosing which products they will buy and where they will shop. It delivers digital coupons to consumers, including coupons and coupon codes, and display advertising through its platform that includes its Web, mobile and social channels. It also delivers coupons to CPGs, retailers, and its network of various third-party Websites, or publishers that displays its coupon and advertising offerings on their Websites. Through its Campaign iQ product, CPGs tracks and analyzes activations, redemption rates and volumes, distribution methods, buying rates, aggregated buyer demographics and campaign effectiveness statistics.

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