Finance

GoPro Stock Taking Off on Positive Q1 Guidance: What Wall Street's Saying

GoPro Stock Taking Off on Positive Q1 Guidance: What Wall Street's Sayingā€¯

Having a price of $7.35, GoPro (NASDAQ:GPRO) traded 1.52% higher on the day.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Ten months prior to that, the company also let go of 7 percent of its employees, so the aggressive push to being profitable is likely taking a heavy toll on morale and staffing.

Goldman Sachs raised its price target to $6.50 from $6.

Yesterday after the close, GoPro Inc. (GPRO). The consensus rating is 3.6, suggesting the market has given up on the stock.

According to the latest research reports released, 0 analysts have issued a rating of "buy", 1 analysts "outperform", 9 analysts "hold", 6 analysts "underperform" and 3 analysts "sell".

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GoPro, Inc. Gross Margin percentage stands at 39% while its Operating Margin for trailing twelve month is -31.5 percent and Profit margin (ttm) is -35.3 Percent.

GoPro stock has plummeted since its 2014 highs, going from $86.97 in October of that year to closing Wednesday at $7.35. During the same quarter in the previous year, the company earned ($0.08) earnings per share.

This is the second round of job cuts in less than half a year for the company.

For the quarter ending 11/03/2016, The Analyst projected that the company could deliver EPS of -0.35 while the company provided its Actual EPS of -0.6 showing a difference of -0.25 Percent between the Estimated and Actual EPS. In the last quarter of 2016, GoPro lost $116 million due to production delays on the Hero5 camera, Forbes reported. These 16 Analysts are also projecting the mean revenue estimate of 200.07 Million. The company earned $540.62 million during the quarter, compared to analysts' expectations of $585.31 million.

While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 50 percent. (NASDAQ:GPRO) to Sell by settling a price target of $8 on 3/03/17. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.40.



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