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".

Honda unveils all-new WR-V
Interiors: Coming to the interiors, the overall cabin of Honda WR-V remains identical to that of Jazz sibling. The model will compete with the likes for Ford's EcoSport and Maruti Suzuki's Vitara Brezza.

Microsoft unveils latest bid to force Windows 10 upgrades
During the Mobile World Congress in Barcelona, consumers had anticipated a Surface Pro upgrade, but they were disappointed. Microsoft Surface Pro 5 will be priced at around $1000 for the base model.

Cruise Ship Damages Coral Reef in Indonesia's Raja Ampat
A British-owned cruise ship ran over Indonesia's coral reefs at Raja Ampat after steering away from its original tour course. According to the World Wildlife Fund (WWF), the Coral Triangle houses one of the biggest commercial tuna industry.

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.

Like this


17 March 2017
Protalix BioTherapeutics, Inc. (NYSEMKT:PLX) Institutional Ownership stands at 31.3
The company reported the earnings of $-0.07/Share in the last quarter where the estimated EPS by analysts was $-0.1/share. Its forecasts over growth are -162.30% during current year while analysts' growth estimation for the next year is 28.90%.

17 March 2017
McDonald's says account 'compromised' after scathing Trump tweet
It wasn't the first time Twitter had a problem with high-profile accounts being hacked. The rogue tweet was posted Thursday morning as a response to Trump's personal account.

16 March 2017
Brokers Add To Their Ratings On Marathon Oil Corporation (NYSE:MRO)
Normally this spread should be in positive territory, indicating that analysts expect an investment's value to increase over time. The firm's price to book was 0.74, which can be compared with current price to get idea about under or overvalue of stock.