In the latest session, GoPro Inc. (NASDAQ: GPRO) closed at $2.23 up 0.90% from its previous closing price of $2.21. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 2125296 shares were traded.
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 1.35 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.21.
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 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 332.77M and an Enterprise Value of 214.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.21 whereas that against EBITDA is -3.78.
Stock Price History:
Over the past 52 weeks, GPRO has reached a high of $5.05, while it has fallen to a 52-week low of $2.12. The 50-Day Moving Average of the stock is 2.5618, while the 200-Day Moving Average is calculated to be 3.2891.
Shares Statistics:
For the past three months, GPRO has traded an average of 1.79M shares per day and 2.37M over the past ten days. A total of 123.64M shares are outstanding, with a floating share count of 120.16M. Insiders hold about 19.84% of the company’s shares, while institutions hold 53.57% stake in the company. Shares short for GPRO as of Feb 29, 2024 were 7.09M with a Short Ratio of 3.96, compared to 7.16M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.73% and a Short% of Float of 5.81%.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. 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 analysts recommending between $0.15 and $0.15.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $146.5M this quarter.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 $165.08M, an estimated decrease of -11.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $225.75M, a decrease of -6.30% over than the figure of -$11.30% in the same quarter last year. 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 $1.01B, up 0.40% from the average estimate. Based 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. The average revenue growth estimate for next year is down -1.20% from the average revenue estimate for this year.
