Notable Runner: Quotient Technology Inc Just Recorded A Sigfniciant Decline

Notable Runner: Quotient Technology Inc Just Recorded A Sigfniciant Decline

The stock of Quotient Technology Inc (NYSE:QUOT) is a huge mover today! About 395,928 shares traded hands. Quotient Technology Inc (NYSE:QUOT) has risen 44.78% since March 2, 2016 and is uptrending. It has outperformed by 36.52% the S&P500.
The move comes after 5 months negative chart setup for the $1.03 billion company. It was reported on Oct, 5 by Barchart.com. We have $11.79 PT which if reached, will make NYSE:QUOT worth $61.80 million less.

Analysts await Quotient Technology Inc (NYSE:QUOT) to report earnings on November, 2. They expect $-0.08 earnings per share, up 33.33% or $0.04 from last year’s $-0.12 per share. After $-0.04 actual earnings per share reported by Quotient Technology Inc for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

Quotient Technology Inc (NYSE:QUOT) Ratings Coverage

Out of 6 analysts covering Quotient Technology Inc (NYSE:QUOT), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Quotient Technology Inc has been the topic of 7 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Loop Capital initiated the stock with “Buy” rating in Thursday, August 11 report. Craig Hallum downgraded the shares of QUOT in a report on Friday, October 23 to “Hold” rating. Craig Hallum upgraded the stock to “Buy” rating in Friday, February 12 report. Wedbush initiated the stock with “Outperform” rating in Tuesday, February 23 report. UBS maintained Quotient Technology Inc (NYSE:QUOT) on Wednesday, November 4 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, June 15 by Dougherty & Company. The rating was initiated by Maxim Group on Thursday, June 16 with “Hold”.

According to Zacks Investment Research, “Quotient Technology Inc. provides digital promotion and media platform which connects brands, retailers and consumers. It offers digital coupons, including coupon codes and media and advertising through its platform which includes Web, mobile and social channels as well as consumer packaged goods companies, retailers and publishers. Quotient Technology Inc., formerly known as Coupons.com, is headquartered in Mountain View, California.”

More notable recent Quotient Technology Inc (NYSE:QUOT) news were published by: Prnewswire.com which released: “Quotient Technology Inc. Presents at Deutsche Bank Technology Conference” on September 08, 2016, also Prnewswire.com with their article: “Quotient Technology Inc. Appoints Ron J. Fior as Chief Financial Officer” published on August 02, 2016, Prnewswire.com published: “Quotient Technology Inc. Reports Fourth Quarter and Full Year 2015 Financial …” on February 11, 2016. More interesting news about Quotient Technology Inc (NYSE:QUOT) were released by: Prnewswire.com and their article: “Quotient Technology Inc. Reports First Quarter 2016 Financial Results” published on May 03, 2016 as well as Prnewswire.com‘s news article titled: “Quotient Technology Inc. Reports Third Quarter 2015 Financial Results” with publication date: November 04, 2015.

QUOT Company Profile

Quotient Technology Inc., formerly Coupons.com Incorporated, incorporated on October 31, 2008, is a well-known provider of digital promotions and media solutions. The Firm connects consumer packaged goods (CPG) brands and retailers with shoppers by offering digital promotions and media to shoppers through mobile, Web and social channels. The Company’s platform is used by brands, as well as retailers in the grocery, drug, dollar, club and mass merchandise channels to engage shoppers at the critical moments when they are choosing what products to buy and where to shop. The Firm refers its core promotions and media solutions as Quotient Promotions and Quotient Media. The Company’s CPG clients include food, beverage, drug, personal and household product manufacturers. The Firm also service a range of specialty retailers, including clothing, electronics and home improvement. The Firm distributes digital coupons, which includes both coupons and coupon codes. The Company’s digital coupons are distributed through digital print and/or digital paperless channels and redeemed at any retailer accepting coupons. The Company’s coupon codes are discounts generally offered by retailers that clients can use in connection with an online or mobile purchase.

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