Shares of Quotient Technology Inc (NYSE:QUOT) have been given a consensus recommendation of “Buy” by the twelve analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $17.63.
A number of brokerages recently issued reports on QUOT. First Analysis lifted their price target on shares of Quotient Technology to $18.00 and gave the company an “overweight” rating in a research report on Tuesday. Oppenheimer began coverage on shares of Quotient Technology in a research report on Wednesday, February 21st. They set an “outperform” rating and a $16.00 price target for the company. ValuEngine raised shares of Quotient Technology from a “sell” rating to a “hold” rating in a research report on Tuesday, February 20th. Zacks Investment Research raised shares of Quotient Technology from a “sell” rating to a “hold” rating in a research report on Thursday, February 15th. Finally, Wedbush reissued an “outperform” rating and set a $17.00 price target on shares of Quotient Technology in a research report on Monday, February 12th.
In other Quotient Technology news, Chairman Steven R. Boal sold 50,000 shares of Quotient Technology stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $13.20, for a total value of $660,000.00. Following the completion of the transaction, the chairman now directly owns 3,300,146 shares of the company’s stock, valued at $43,561,927.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven Michael Horowitz sold 56,300 shares of Quotient Technology stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $13.18, for a total transaction of $742,034.00. The disclosure for this sale can be found here. 11.46% of the stock is currently owned by insiders.
Shares of Quotient Technology (NYSE:QUOT) traded down $0.30 on Friday, hitting $14.50. 168,915 shares of the stock were exchanged, compared to its average volume of 539,723. The company has a market cap of $1,368.08, a price-to-earnings ratio of -87.05, a price-to-earnings-growth ratio of 9.47 and a beta of -0.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.03 and a quick ratio of 6.03. Quotient Technology has a 52-week low of $9.10 and a 52-week high of $17.85.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings results on Tuesday, February 13th. The technology company reported $0.06 earnings per share (EPS) for the quarter. Quotient Technology had a negative net margin of 4.68% and a negative return on equity of 3.02%. The company had revenue of $93.09 million during the quarter, compared to analysts’ expectations of $92.48 million. sell-side analysts expect that Quotient Technology will post 0.11 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: This article was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this article can be read at https://sportsperspectives.com/2018/03/13/analysts-set-quotient-technology-inc-quot-price-target-at-18-00.html.
Quotient Technology Company Profile
Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.
Receive News & Ratings for Quotient Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quotient Technology and related companies with MarketBeat.com's FREE daily email newsletter.