“Raising target to $17 (was $16) and maintaining Outperform rating after Quotient reported better 3Q results on revenue and margins and provided FY guidance in line with expectations. However, 4Q results margins were impacted by recent acquisitions. Promotions revenue exceeded our estimates on on pricing, as Retailer IQ was modestly below, while Media was in line. However, Media margins were better, resulting in better gross margins. EBITDA exceeded our and Street estimates, partially on non-cash add backs (D&A and SBC), as FCF was down y/y. Raising 2019 revenue 8% and EBITDA 9%. Target implies 4x/3x ’18E/’19E EV/sales.”
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 15.7% and a 60.5% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.
Quotient Technology Inc has an analyst consensus of Moderate Buy, with a price target consensus of $16.50.
The company has a one-year high of $15.98 and a one-year low of $10.35. Currently, Quotient Technology Inc has an average volume of 439.8K.
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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.