Quotient Technology (QUOT) Lifted to Hold at ValuEngine

Quotient Technology (NYSE:QUOT) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

QUOT has been the subject of several other reports. Zacks Investment Research downgraded Quotient Technology from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. BidaskClub downgraded Quotient Technology from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, Wedbush reissued an “outperform” rating and issued a $17.00 price objective on shares of Quotient Technology in a research note on Monday, February 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $18.00.

Shares of Quotient Technology (NYSE:QUOT) opened at $13.15 on Tuesday. Quotient Technology has a fifty-two week low of $9.10 and a fifty-two week high of $17.85. The company has a market capitalization of $1,220.00, a price-to-earnings ratio of -73.06, a PEG ratio of 8.53 and a beta of -0.12.

Quotient Technology (NYSE:QUOT) last announced its quarterly earnings data on Tuesday, February 13th. The technology company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $93.09 million during the quarter, compared to the consensus estimate of $92.48 million. Quotient Technology had a negative return on equity of 3.17% and a negative net margin of 4.68%. sell-side analysts predict that Quotient Technology will post 0.11 EPS for the current fiscal year.

In other news, Chairman Steven R. Boal sold 50,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $13.20, for a total transaction of $660,000.00. Following the completion of the sale, the chairman now directly owns 3,300,146 shares of the company’s stock, valued at approximately $43,561,927.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Michael Horowitz sold 56,300 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $13.18, for a total value of $742,034.00. The disclosure for this sale can be found here. 11.46% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Wedbush Securities Inc. purchased a new stake in shares of Quotient Technology during the 3rd quarter worth about $160,000. Amalgamated Bank purchased a new stake in shares of Quotient Technology during the 4th quarter worth about $121,000. Great West Life Assurance Co. Can raised its stake in shares of Quotient Technology by 116.7% during the 3rd quarter. Great West Life Assurance Co. Can now owns 11,269 shares of the technology company’s stock worth $175,000 after purchasing an additional 6,069 shares in the last quarter. Capital Fund Management S.A. purchased a new stake in shares of Quotient Technology during the 4th quarter worth about $140,000. Finally, Wolverine Trading LLC raised its stake in shares of Quotient Technology by 119.8% during the 4th quarter. Wolverine Trading LLC now owns 12,140 shares of the technology company’s stock worth $143,000 after purchasing an additional 6,617 shares in the last quarter. 77.10% of the stock is owned by institutional investors.

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About Quotient Technology

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Quotient Technology (NYSE:QUOT)

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