Quotient Technology Inc.

Report azionario NYSE:QUOT

Capitalizzazione di mercato: US$397.9m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Quotient Technology Dividendi e riacquisti

Criteri Dividendo verificati 0/6

Quotient Technology non ha registrato alcun pagamento di dividendi.

Informazioni chiave

n/a

Rendimento del dividendo

0.2%

Rendimento del riacquisto

Rendimento totale per gli azionisti0.2%
Rendimento futuro dei dividendi0%
Crescita dei dividendin/a
Prossima data di pagamento dei dividendin/a
Data di stacco del dividendon/a
Dividendo per azionen/a
Rapporto di remunerazionen/a

Aggiornamenti recenti su dividendi e riacquisti

Nessun aggiornamento

Recent updates

Seeking Alpha • Dec 17

Quotient Technology: From Coupons To Automatic Tools, Looks Undervalued

Summary Quotient Technology is undoubtedly one of the companies that has been able to get the most out of the returns in relation to the transformation of the advertising culture. In my view, the fact that Quotient targets very different types of clients and offers tailored solutions depending on the data required is promising. Some of the company's leading numbers include 127 million located and active buyers, more than $45 billion in coupons activated in 54,000 different points, and 108 daily mobile signals. Quotient Technology Inc. (QUOT), which operates in the digital advertising business, has an impressive ability to locate active buyers for retail clients. QUOT has access to an impressive amount of data about consumers, which retailers demand. Under conservative conditions, I obtained a free cash flow stream, which would justify a valuation of close $4.28 per share. I also see risks from competitors offering less automatic tools. With that, I believe that Quotient is undervalued. Quotient The digital advertising business has had enormous growth since the insertion of mobile devices in the day-to-day business world and citizens not only because of the marketing campaigns themselves, which bring a significant number of customers to the companies that advertise their products, but also because of the collection of user data that later allows the advertising companies to develop segmentation plans and much more detailed objectives in relation to the product in question and to the region where it wants to be inserted. Quotient Technology is undoubtedly one of the companies that has been able to get the most out of the returns in relation to the transformation of the advertising culture. Founded in 1998 by Steven Boal, under the name of Coupon.com, the company offered only discount coupons based on acting as an intermediary between customers and the companies that offered their discounts. The name of the company changed to its current name in 2015, and it developed a business model that was able to adapt to the needs of the current market. Source: Quarterly Presentation Its business is divided into three large segments: for brands, for data collectors, and its data analysis service. In other words, Quotient offers its multimedia channel to companies interested in generating advertising content besides offering the data collected by its software to other companies. In addition, it has a data analysis service to generate better segmented targets. According to its last 10-k, some of the company's leading numbers include 127 million located and active buyers, more than $45 billion in coupons activated in 54,000 different points, and 108 daily mobile signals in the United States for its objectives of locating potential buyers. In my view, these figures demonstrate the magnitude of capital involved in the company's operations and the success it has had in developing and growing since its founding. Source: Quarterly Presentation In relation to its human capital, which the company points out as one of the key factors in the development of its business model, the company currently has 1,162 employees, of which 943 work from the United States and the rest work remotely in other countries of the world. The development in the area of ​​inclusion and diversity that this company presents over most of the companies in the field is worth noting, since 52% of its employees are women, and 42% of executive positions are held by women. Expectations From Analysts Include 2024 Sales Growth of 5.7% And Double Digit EBITDA Margin From 2018, the company’s FCF went from close to 5%-10% to around 2% in 2022. I used some of these figures in my financial models, so I believe that investors may want to have a look at them. Source: Ycharts Market expectations include net sales of $333 million by 2024 with a net sales growth of 5.71%. 2023 EBITDA will likely stay close to $44.7 million with an EBITDA margin of 14.19%. 2023 operating profit would be $16.3 million together with an operating margin of 5.16%. Finally, pre-tax profit would be close to -$6.12 million with a net income of -$6.12 million. Source: Ycharts The Asset/Liability Ratio Is Larger Than 1x As of September 30, 2022, Quotient reported cash worth $208.394 million in addition to accounts receivable of $96.058 million. Total current assets were equal to approximately $324.852 million, which implied a current assets/current liabilities ratio of 1x. Total of assets stand at $512.054 million with an asset/liability ratio larger than 1x. I believe that the company’s liquidity and the balance sheet are in good shape. Source: 10-Q Accounts payable stood at $27.796 million with other current liabilities close to $62.014 million. Convertible senior notes were worth $199.844 million with total current liabilities of $314.209 million. Finally, with operating lease liabilities worth $22.597 million, total liabilities are equal to $339.269 million. Source: 10-Q My Conservative Case Scenario Indicated A Fair Valuation Of $4.28 Per Share During 2019, a single client meant a sum of revenue greater than 10% of the total revenue. I believe that management is making a lot of efforts to increase its exposure to a small number of clients. In 2020 and 2021, no client represented more than 10% of the total amount of revenue. This speaks of the successful diversification in its client portfolio, avoiding the risk of being directly subject to the success in the development of the business model of a third company. Under this case scenario, I assumed that more clients would mean more revenue growth. The company’s services are available for brands that want to place their products on the advertising network and for retailers who benefit from the company's information and developments even without placing their products on the market. In my view, the fact that Quotient targets very different types of clients and offers tailored solutions depending on the data required is promising. In my view, further information about what clients need will likely bring revenue growth and perhaps economies of scale. Finally, if Quotient continues to invest in sales and advertising, growth of its customer base and network, and R&D of new products, revenue growth will likely continue. In the nine months ended September 30, 2021, I saw that management reported as much as $63 million in sales and marketing and close to $21 million in R&D efforts. Source: 10-Q Under the previous conditions, my forecast for 2030 includes net sales close to $439.5 million and sales growth of 3%. In addition, I assumed an EBITDA of around $44.39 million together with an EBITDA margin of 10.10%. I also included an FCF of $14 million accompanied by an FCF margin of 3.10%. By including a WACC of 8.78%, I obtained an NPV of FCF of $51 million. With an EV/EBITDA multiple of 17x, the terminal value would be close to $755 million, which also implied an NPV of terminal value of $354 million, Finally, my model included an enterprise value of $405 million, equity of $414 million, and a fair price of $4.28 per share. Note that with cash of $208 million and debt of around $199 million, Quotient’s net debt is close to zero, so I wouldn’t be afraid of the company’s leverage.
Articolo di analisi • Aug 11

Does Quotient Technology (NYSE:QUOT) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Aug 09

Quotient Technology reports Q2 earnings; narrows FY22 guidance and issues Q3 outlook

Quotient Technology press release (NYSE:QUOT): Q2 GAAP EPS of -$0.45. Revenue of $69.3M (-44.1% Y/Y). Non-GAAP gross margin was 52.3% for the second quarter of 2022, compared to 40.3% for the second quarter of 2021. Adjusted EBITDA for the second quarter of 2022 was -$1.3M loss, compared to $4.3M profit for the second quarter of 2021. Financial Outlook: Quotient's guidance for the third quarter 2022: Revenue: $70 million to $80 million vs. consensus of $84.25M; Non-GAAP Gross Profit: $37 million to $42 million; Adjusted EBITDA: $5 million to $10 million; Operating Cash Flow: -$5 million to $0 million Quotient's guidance for the full year 2022: Revenue: $295 million to $310 million vs. consensus of $343.31M; Non-GAAP Gross Profit: $147 million to $160 million; Adjusted EBITDA: $15 million to $20 million; Operating Cash Flow: $0 million to $5 million
Articolo di analisi • Sep 14

Does Quotient Technology (NYSE:QUOT) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Articolo di analisi • May 10

Is Quotient Technology (NYSE:QUOT) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Stabilità e crescita dei pagamenti

Recupero dei dati sui dividendi

Dividendo stabile: Dati insufficienti per determinare se i dividendi per azione di QUOT siano rimasti stabili in passato.

Dividendo in crescita: Dati insufficienti per determinare se i pagamenti dei dividendi di QUOT siano aumentati.

Rendimento dei dividendi rispetto al mercato

Quotient Technology Rendimento dei dividendi rispetto al mercato
Come si colloca il rendimento da dividendo di QUOT rispetto al mercato?
SegmentoRendimento dei dividendi
Azienda (QUOT)n/a
Fondo del 25% del mercato (US)1.4%
Top 25% del mercato (US)4.2%
Media del settore (Media)2.9%
Analista previsionale (QUOT) (fino a 3 anni)0%

Dividendo notevole: Impossibile valutare il rendimento dei dividendi di QUOT rispetto al 25% inferiore dei pagatori di dividendi, poiché la società non ha segnalato alcun pagamento recente.

Dividendo elevato: Impossibile valutare il rendimento dei dividendi di QUOT rispetto al 25% dei maggiori pagatori di dividendi, poiché la società non ha segnalato alcun pagamento recente.

Distribuzione degli utili agli azionisti

Copertura degli utili: Dati insufficienti per calcolare il payout ratio di QUOT per determinare se i suoi pagamenti di dividendi sono coperti dagli utili.

Pagamenti in contanti agli azionisti

Copertura del flusso di cassa: Impossibile calcolare la sostenibilità dei dividendi poiché QUOT non ha segnalato alcun pagamento.

Scoprire le società che pagano dividendi forti

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2023/09/06 19:06
Prezzo dell'azione a fine giornata2023/09/01 00:00
Utili2023/06/30
Utili annuali2022/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Quotient Technology Inc. è coperta da 12 analisti. 1 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Nathaniel SchindlerBofA Global Research
Steven FrankelColliers Securities
Chad BennettCraig-Hallum Capital Group LLC