GoPro, Inc. (GPRO) Given Average Rating of "Hold" by Analysts

Andrew Cummings
August 4, 2017

Vetr's price objective would suggest a potential downside of 2.06% from the company's current price.

GPRO has been the topic of several other reports. Zacks Investment Research raised shares of GoPro from a hold rating to a buy rating and set a $9.50 target price on the stock in a report on Monday, March 20th. Finally, Bank of America Corporation reiterated an "underperform" rating and set a $7.00 price target (down from $8.00) on shares of GoPro in a research report on Monday, June 5th. Dougherty & Co reiterated a "sell" rating and set a $5.00 price target on shares of GoPro in a research report on Tuesday, April 25th.

GoPro's HERO5 Black was the best-selling digital camera in the US during the second quarter, according to NPD Group, and the company said demand for its cameras was high on Amazon Prime Day. The stock of GoPro Inc (NASDAQ:GPRO) earned "Outperform" rating by Northland Capital on Wednesday, July 22. For the current quarter Gopro Inc Cl A Cmn (NASDAQ:GPRO) has high EPS estimates of $-0.19 in contradiction of low EPS estimates of $-0.32. The stock's market capitalization is $865.32 million. The stock has a 50 day moving average of $8.07 and a 200-day moving average of $8.63.

GoPro, Inc. (NASDAQ:GPRO)'s earnings per share has been growing at a 0 percent rate over the past 5 year when average revenue increase was noted as 38.3 percent.

In terms of earnings per share, 14 analysts have a -0.12 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 14 analysts have a 0.69 EPS mean target and for the quarter ending Dec-17 there are 15 estimates of -0.12 EPS. The same period from past year had a net loss of $0.52 per share and $220.75 million in revenue.

ATR value of company was 0.25 and Relative Strength Index (RSI) was 48.10. The business's revenue for the quarter was up 34.3% on a year-over-year basis.

GoPro reported quarterly results and revenue that beat analysts' expectations on Thursday.

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In related news, Director Anthony John Bates sold 41,076 shares of the firm's stock in a transaction that occurred on Tuesday, June 6th. They now have a Dollars 8.5 price target on the stock. Following the transaction, the director now owns 142,011 shares in the company, valued at $1,205,673.39. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Hedge funds and other institutional investors own 25.31% of the company's stock. Nomura Holdings Inc. acquired a new position in shares of GoPro during the first quarter worth about $113,000. State Street Corp raised its position in shares of GoPro by 5.1% in the fourth quarter.

After GoPro Q2 2017 earnings were released, the company's stock soared in after-hours trade, climbing by as much as 11.86% to $9.24.

Mizuho Securities Usa Inc increased Gopro Inc (Put) (GPRO) stake by 124.06% reported in 2016Q4 SEC filing. Harel Insurance Investments & Financial Services Ltd. now owns 16,250 shares of the company's stock valued at $132,000 after buying an additional 10,750 shares during the period.

03/16/2017 - GoPro Inc was upgraded to "neutral" by analysts at Citigroup.

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