Analysts are expecting average earnings estimates of $-0.34 for the current quarter based on the opinion of 11 analysts, relating to high earnings per share estimates of $-0.17 and low estimates of $-0.49, however Gopro Inc Cl A Cmn (NASDAQ:GPRO) reported $-0.44 earnings per share for the same quarter a year ago. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. Vetr's price objective would indicate a potential downside of 11.19% from the company's previous close.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dougherty & Co reiterated a "sell" rating and issued a $4.00 price objective (down from $7.00) on shares of GoPro in a research note on Tuesday, January 9th. JPMorgan Chase & Co. set a $9.00 price objective on shares of GoPro and gave the company a "buy" rating in a report on Monday, January 8th. Zacks Investment Research cut shares of GoPro from a "buy" rating to a "hold" rating in a research note on Wednesday, November 29th. Finally, Morgan Stanley downgraded shares of GoPro from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $9.50 to $5.00 in a research note on Tuesday, January 23rd.
GoPro, Inc. (GPRO) has been given an average price target of $5.67 from analysts, according to data collected by Finviz.
However out of 10 analysts 0 suggest Gopro Inc Cl A Cmn (NASDAQ:GPRO) a Strong Buy, 0 suggested Buy, 2 Hold and 0 Sell, while 1 analysts recommend the stock a Strong Sell.
Basically, a price target is an individual analyst's projection on the future price of a stock.
GoPro (GPRO) opened at $5.63 on Monday. The firm has a market cap of $805.48, a P/E ratio of -7.25 and a beta of 0.13. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.55 and a quick ratio of 1.14. (GPRO) are trading -52.65% downward from the 52-week high mark and 11.71% above from the fifty two-week low mark.
For the current quarter Gopro Inc Cl A Cmn (NASDAQ:GPRO) has average revenue estimates of $184.08 Million, a total number of 8 analysts provided estimations over revenues. However a year ago for the same quarter the company has reported $-0.44 EPS. The firm had revenue of $334.80 million for the quarter, compared to analysts' expectations of $340.19 million. GoPro had a negative return on equity of 40.56% and a negative net margin of 15.50%. During the same period in the prior year, the business earned $0.29 earnings per share. analysts predict that GoPro Inc will post -0.62 EPS for the current fiscal year. The stock was sold at an average price of $5.60, for a total value of $83,809.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
In other GoPro news, SVP Sharon S. Zezima sold 14,966 shares of the firm's stock in a transaction on Friday, February 16th. Following the completion of the sale, the chief financial officer now directly owns 71,958 shares in the company, valued at $406,562.70. The disclosure for this sale can be found here.
Institutional investors have recently bought and sold shares of the business. North Star Investment Management Corp. raised its stake in GoPro by 226.6% in the fourth quarter. Millennium Management LLC now owns 683,978 shares of the company's stock valued at $5,178,000 after acquiring an additional 517,298 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in GoPro in the third quarter valued at $7,495,000. Ladenburg Thalmann Financial Services Inc. boosted its holdings in GoPro by 235.8% in the fourth quarter. Teachers Advisors LLC now owns 193,410 shares of the company's stock valued at $1,572,000 after acquiring an additional 16,243 shares during the last quarter. LLC acquired a new stake in GoPro in the third quarter valued at $122,000. Finally, Virtu KCG Holdings LLC raised its stake in GoPro by 58.1% in the second quarter. MUFG Securities EMEA plc now owns 35,287 shares of the company's stock valued at $267,000 after purchasing an additional 31,952 shares during the last quarter.