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As of close of business last night, GoPro Inc.’s stock clocked out at $1.71, down -7.34% from its previous closing price of $1.84. In other words, the price has decreased by -$7.34 from its previous closing price. On the day, 3.05 million shares were traded. GPRO stock price reached its highest trading level at $1.79 during the session, while it also had its lowest trading level at $1.645.
Ratios:
To gain a deeper understanding of GPRO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.51.
On December 12, 2023, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $4.20 to $3.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 16 ’24 when MCGEE BRIAN sold 121,441 shares for $2.40 per share. The transaction valued at 291,264 led to the insider holds 288,424 shares of the business.
Jahnke Dean sold 27,849 shares of GPRO for $67,094 on Feb 16 ’24. The SVP, Global Sales, CM, RE now owns 267,651 shares after completing the transaction at $2.41 per share. On Feb 16 ’24, another insider, Lafrades Charles, who serves as the Chief Accounting Officer of the company, sold 8,166 shares for $2.41 each. As a result, the insider received 19,692 and left with 92,989 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GPRO now has a Market Capitalization of 259669808 and an Enterprise Value of 270588448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.274 whereas that against EBITDA is -3.875.
Stock Price History:
The Beta on a monthly basis for GPRO is 1.59, which has changed by -0.5411471 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, GPRO has reached a high of $4.45, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is -17.18%, while the 200-Day Moving Average is calculated to be -42.56%.
Shares Statistics:
It appears that GPRO traded 2.12M shares on average per day over the past three months and 1624310 shares per day over the past ten days. A total of 123.64M shares are outstanding, with a floating share count of 122.49M. Insiders hold about 19.57% of the company’s shares, while institutions hold 51.54% stake in the company. Shares short for GPRO as of 1713139200 were 6545020 with a Short Ratio of 3.09, compared to 1710460800 on 7102692. Therefore, it implies a Short% of Shares Outstanding of 6545020 and a Short% of Float of 5.2800003.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.25 and a low estimate of -$0.25, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.05 and -$0.1 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.15, with 1.0 analysts recommending between $0.15 and $0.15.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $155.47M. It ranges from a high estimate of $148M to a low estimate of $145M. As of the current estimate, GoPro Inc.’s year-ago sales were $165.08MFor the next quarter, 2 analysts are estimating revenue of $225.75M. There is a high estimate of $229.4M for the next quarter, whereas the lowest estimate is $222.1M.
A total of 3 analysts have provided revenue estimates for GPRO’s current fiscal year. The highest revenue estimate was $1.06B, while the lowest revenue estimate was $958.08M, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $1.01BBased on 2 analysts’ estimates, the company’s revenue will be $997.7M in the next fiscal year. The high estimate is $1.03B and the low estimate is $962.5M.
