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GoPro Inc. (NASDAQ: GPRO) closed the day trading at $1.24 up 0.81% from the previous closing price of $1.23. In other words, the price has increased by $0.81 from its previous closing price. On the day, 0.85 million shares were traded. GPRO stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.22.
Ratios:
For a better understanding of GPRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.63.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 31 ’24 when Jahnke Dean sold 1,794 shares for $1.53 per share. The transaction valued at 2,745 led to the insider holds 375,970 shares of the business.
Lafrades Charles sold 8,166 shares of GPRO for $19,692 on Feb 16 ’24. The Chief Accounting Officer now owns 92,989 shares after completing the transaction at $2.41 per share. On Feb 16 ’24, another insider, Jahnke Dean, who serves as the SVP, Global Sales, CM, RE of the company, sold 27,849 shares for $2.41 each. As a result, the insider received 67,094 and left with 267,651 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 189385200 and an Enterprise Value of 182485376. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.196 whereas that against EBITDA is -2.093.
Stock Price History:
Over the past 52 weeks, GPRO has reached a high of $3.80, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -11.47%, while the 200-Day Moving Average is calculated to be -43.81%.
Shares Statistics:
Over the past 3-months, GPRO traded about 1.75M shares per day on average, while over the past 10 days, GPRO traded about 1201450 shares per day. A total of 123.64M shares are outstanding, with a floating share count of 122.33M. Insiders hold about 19.90% of the company’s shares, while institutions hold 45.15% stake in the company. Shares short for GPRO as of 1723680000 were 7331017 with a Short Ratio of 4.18, compared to 1721001600 on 5582302. Therefore, it implies a Short% of Shares Outstanding of 7331017 and a Short% of Float of 5.89.
Earnings Estimates
At present, 3.0 analysts are actively evaluating the performance of GoPro Inc. (GPRO) in the stock market.The consensus estimate for the next quarter is $0.03, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between -$0.43 and -$0.43 for the fiscal current year, implying an average EPS of -$0.43. EPS for the following year is $0.03, with 3.0 analysts recommending between $0.21 and -$0.2.
Revenue Estimates
2 analysts predict $255M in revenue for the current quarter. It ranges from a high estimate of $255M to a low estimate of $255M. As of the current estimate, GoPro Inc.’s year-ago sales were $281.47MFor the next quarter, 2 analysts are estimating revenue of $268.91M. There is a high estimate of $274.4M for the next quarter, whereas the lowest estimate is $263.43M.
A total of 2 analysts have provided revenue estimates for GPRO’s current fiscal year. The highest revenue estimate was $863.09M, while the lowest revenue estimate was $860.12M, resulting in an average revenue estimate of $861.6M. In the same quarter a year ago, actual revenue was $1.01BBased on 3 analysts’ estimates, the company’s revenue will be $920.24M in the next fiscal year. The high estimate is $987.2M and the low estimate is $847.78M.
