Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, GoPro Inc (NASDAQ: GPRO) closed at $0.80 down -9.61% from its previous closing price of $0.88. In other words, the price has decreased by -$9.61 from its previous closing price. On the day, 6.75 million shares were traded. GPRO stock price reached its highest trading level at $0.88 during the session, while it also had its lowest trading level at $0.7905.
Ratios:
For a deeper understanding of GoPro Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.12.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 14 ’24 when Lurie Alexander J sold 219,120 shares for $1.26 per share. The transaction valued at 276,288 led to the insider holds 0 shares of the business.
Lurie Alexander J sold 61,268 shares of GPRO for $82,804 on Nov 13 ’24. The Director now owns 219,120 shares after completing the transaction at $1.35 per share. On Nov 13 ’24, another insider, Alexander J. Lurie, who serves as the Director of the company, bought 280,388 shares for $1.42 each.
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 123096896 and an Enterprise Value of 162211952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.181 whereas that against EBITDA is -1.819.
Stock Price History:
The Beta on a monthly basis for GPRO is 1.59, which has changed by -0.63179916 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, GPRO has reached a high of $2.67, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -27.73%, while the 200-Day Moving Average is calculated to be -40.67%.
Shares Statistics:
For the past three months, GPRO has traded an average of 2.15M shares per day and 4212570 over the past ten days. A total of 154.76M shares are outstanding, with a floating share count of 124.70M. Insiders hold about 19.43% of the company’s shares, while institutions hold 43.03% stake in the company. Shares short for GPRO as of 1736899200 were 4915170 with a Short Ratio of 2.29, compared to 1734048000 on 4603896. Therefore, it implies a Short% of Shares Outstanding of 4915170 and a Short% of Float of 3.8900003.
Earnings Estimates
The current market rating for GoPro Inc (GPRO) reflects the collective analysis of 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.02 and low estimates of -$0.06.
Analysts are recommending an EPS of between $0.09 and $0.0 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.08, with 1.0 analysts recommending between $0.08 and $0.08.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $124.65M this quarter.It ranges from a high estimate of $125.19M to a low estimate of $124.1M. As of the current estimate, GoPro Inc’s year-ago sales were $155.47MFor the next quarter, 2 analysts are estimating revenue of $161.9M. There is a high estimate of $162.5M for the next quarter, whereas the lowest estimate is $161.3M.
A total of 3 analysts have provided revenue estimates for GPRO’s current fiscal year. The highest revenue estimate was $744.45M, while the lowest revenue estimate was $728.82M, resulting in an average revenue estimate of $738.52M. In the same quarter a year ago, actual revenue was $801.47MBased on 2 analysts’ estimates, the company’s revenue will be $741.11M in the next fiscal year. The high estimate is $760.11M and the low estimate is $722.12M.
