Stocks Sinking to 52-Week Lows: Vera Bradley, Splunk

Groupon

"Groupon reported 1Q12 results and 2Q12 guidance that topped expectations," Benchmark analysts wrote in a May 15 report. "Operating metrics showed no sign of competitive pressure, with a 41% take rate driving 89% y/y revenue growth, including a material acceleration in sequential North America growth. Unique subscriber additions also accelerated, while EBITDA margins expanded on lower marketing costs. raise our revenue and EBITDA estimates but temper our price target from $28 to $20 per share. Our rating remains Buy."

Shares of Groupon hit a 52-week low of $8.85. The stock's 52-week high of $31.14 was set on Nov. 4.

Analysts were split on Groupon with 10 giving the stock a buy rating, another 10 rating it hold and four analysts giving the stock a sell rating.

The stock has fallen 56.47% year to date.

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Yelp

"Mgt guided the Street to 2Q12 Revs/Ad. EBITDA at the midpoint of $30M/-650k above the Street's 29.3M/-1.5M," Jefferies analysts wrote in a May 3 report. "For FY12, Mgt. guided the Street to Rev/Adj EBITDA of $130M/breakeven vs. the Street's $124.7M/~breakeven est. We are tweaking our estimates slightly to reflect mgt comments, and maintaining our $23 FY12 target price and Hold rating."

Shares of Yelp hit a 52-week low of $14.10 on Monday. The stock's 52-week high of $31.96 was set on March 28.

All six of the analysts who cover Yelp rated it hold.

The stock has fallen 38.16% year to date.

-- Written by Alexandra Zendrian



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