Stock of the Day: How Analysts Feel About Quotient Technology Inc After Today’s Huge Decline?

Stock of the Day: How Analysts Feel About Quotient Technology Inc After Today's Huge Decline?

The stock of Quotient Technology Inc (NYSE:QUOT) is a huge mover today! About 546,023 shares traded hands or 24.35% up from the average. Quotient Technology Inc (NYSE:QUOT) has risen 11.21% since April 28, 2016 and is uptrending. It has outperformed by 5.28% the S&P500.
The move comes after 9 months negative chart setup for the $1.13 billion company. It was reported on Dec, 1 by Barchart.com. We have $11.48 PT which if reached, will make NYSE:QUOT worth $90.40 million less.

Analysts await Quotient Technology Inc (NYSE:QUOT) to report earnings on December, 5 after the close.

Quotient Technology Inc (NYSE:QUOT) Ratings Coverage

Out of 7 analysts covering Quotient Technology Inc (NYSE:QUOT), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Quotient Technology Inc has been the topic of 9 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Craig Hallum given on Friday, February 12. The stock of Quotient Technology Inc (NYSE:QUOT) earned “Hold” rating by Craig Hallum on Friday, October 23. The rating was initiated by Maxim Group with “Hold” on Thursday, June 16. The stock of Quotient Technology Inc (NYSE:QUOT) has “Buy” rating given on Thursday, August 11 by Loop Capital. The firm has “Outperform” rating by Wedbush given on Tuesday, February 23. The stock has “Buy” rating given by UBS on Wednesday, November 4. The company was upgraded on Wednesday, November 2 by Maxim Group. Dougherty & Company initiated the shares of QUOT in a report on Wednesday, June 15 with “Neutral” rating. The stock of Quotient Technology Inc (NYSE:QUOT) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 2.

According to Zacks Investment Research, “Coupa Software Inc. provides cloud-based spend management platform which connects organizations with suppliers. Coupa Software Inc. is based in SAN MATEO, United States.”

More notable recent Quotient Technology Inc (NYSE:QUOT) news were published by: Prnewswire.com which released: “Quotient Technology Inc. To Present at RBC Capital Markets Technology …” on November 03, 2016, also Prnewswire.com with their article: “Quotient Technology Inc. Reports Third Quarter 2016 Financial Results” published on November 01, 2016, Prnewswire.com published: “Quotient Technology Inc. Appoints Ron J. Fior as Chief Financial Officer” on August 02, 2016. More interesting news about Quotient Technology Inc (NYSE:QUOT) were released by: Prnewswire.com and their article: “Quotient Technology Inc. Reports Fourth Quarter and Full Year 2015 Financial …” published on February 11, 2016 as well as Prnewswire.com‘s news article titled: “Quotient Launches #MyCouponsGive to Support No Kid Hungry®” with publication date: November 17, 2016.

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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