Technology Stocks News Review: Groupon (NASDAQ:GRPN), Cerner (NASDAQ:CERN), Paycom Software (NYSE:PAYC)

Technology Stocks News Review: Groupon (NASDAQ:GRPN), Cerner (NASDAQ:CERN), Paycom Software (NYSE:PAYC)

- in TECHNOLOGY
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On Wednesday, Groupon Inc (NASDAQ:GRPN)’s shares declined -26.30% to $2.97.

GRPN has beta value of 1.50. The company has the market capitalization of $2.64 billion. Return on assets ratio of the company was 3.90% while its return on equity ratio was 10.80%. ATR value of company was 0.26 while stock volatility for week was 5.47% while for month was 5.15%. Debt to equity ratio of the company was 0.04 and its current ratio was 1.30.

The mean estimate for the short term price target for Groupon Inc (NASDAQ:GRPN) stands at $3.91 according to 17 Analysts. The higher price target estimate for the stock has been calculated at $8.00 while the lower price target estimate is at $2.25.

Analysts mean recommendation for the stock is 2.50. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Groupon, Inc. operates online local commerce marketplaces world over that connect merchants to consumers by offering goods and services at a discount.

Cerner Corporation (NASDAQ:CERN)’s shares dropped -6.75% to $61.63.

CERN is currently valued at $22.81 billion. The company has 345.07 million shares outstanding and 82.60% shares of the company were owned by institutional investors. The company has 5.47 value in price to sale ratio while price to book ratio was recorded as -5.49. The company exchanged hands with 9.10 million shares as compared to its average daily volume of 2.13 million shares. It beta stands at 0.59.

The mean estimate for the short term price target for Cerner Corporation (NASDAQ:CERN) stands at $70.25 according to 24 Analysts. The higher price target estimate for the stock has been calculated at $82.00 while the lower price target estimate is at $48.00.

Analysts mean recommendation for the stock is 1.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations.

At the end of Wednesday’s trade, Paycom Software Inc (NYSE:PAYC)‘s shares surged 16.81% to $45.73.

PAYC offered 67.00% EPS for prior five years. The company has 22.00% return on equity value while its ROI ratio was 7.50%. The company has $2.31 billion market capitalizations and the institutional ownership was 60.10%. Its price to book ratio was -30.28. Volatility of the stock was 3.67% for the week while for the month booked as 4.56%.

The mean estimate for the short term price target for Paycom Software Inc (NYSE:PAYC) stands at $46.78 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $55.00 while the lower price target estimate is at $37.00.

Analysts mean recommendation for the stock is 1.60. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Paycom Software, Inc. is a provider of cloud-based HCM software solution delivered as SaaS. The Company’s solution requires no customization and is -based on a core system of record maintained in a single database for all HCM functions.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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