In a report released today, Steve Frankel from Colliers Securities maintained a Buy rating on Quotient Technology (QUOT – Research Report), with a price target of $25.00. The company’s shares closed last Tuesday at $6.21, close to its 52-week low of $6.15.
According to TipRanks.com, Frankel is ranked #3412 out of 7641 analysts.
Quotient Technology has an analyst consensus of Strong Buy, with a price target consensus of $17.67.
Based on Quotient Technology’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $124 million and GAAP net loss of $17.2 million. In comparison, last year the company earned revenue of $83.46 million and had a GAAP net loss of $19.13 million.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QUOT in relation to earlier this year.
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Quotient Technology, Inc. engages in the operation of a digital marketing platform that connects brands and retailers with consumers through web, mobile, and social channels. It offers digital printable coupons, digital paperless coupons, coupon codes and other promotions. The company was founded by Steven R. Boal in May 1998 and is headquartered in Mountain View, CA.