Other equities analysts also recently issued research reports about the company. J P Morgan Chase & Co reaffirmed a "buy" rating on shares of GoPro in a research report on Friday, August 4th.
Additionally on 8/15/17 Goldman Sachs "Upgrades" Gopro Inc Cl A Cmn (NASDAQ:GPRO) to Neutral setting price target at $0 and on 8/04/17 Raymond James "Upgrades" the stock to Market Perform at $0. The stock presently has an average rating of Hold and a consensus price target of $8.75. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. GoPro, Inc. The firm's 50 day moving average is $9.17 and its 200 day moving average is $8.60. GoPro has a 12 month low of $7.14 and a 12 month high of $17.68. The company reported ($0.14) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.34) by $0.20. The company had revenue of $296.52 million during the quarter, compared to analysts' expectations of $268.94 million. GoPro had a negative return on equity of 41.52% and a negative net margin of 27.88%.
According to analysts Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s minimum EPS for the current quarter is at $-0.06 and can go high up to $0.05. If you are reading this piece on another website, it was illegally stolen and reposted in violation of USA & worldwide copyright & trademark laws. The original version of this news story can be read at https://stocknewstimes.com/2017/09/13/gopro-inc-gpro-rating-reiterated-by-oppenheimer-holdings-inc.html. The stock was sold at an average price of $11.00, for a total value of $274,098.00. Following the completion of the sale, the chief operating officer now owns 148,493 shares in the company, valued at $1,633,423.
Since the beginning of the calendar year, the stock is 25.37%. Share performance for the month is now at 10.99%. UBS Asset Management Americas Inc. now owns 52,076 shares of the company's stock valued at $453,000 after purchasing an additional 13,106 shares during the last quarter. The disclosure for this sale can be found here. The total number of shares traded in the last 90-day period is 38,015.
GPRO has been the topic of several recent research reports. Its book value per share for the most recent quarter is $2.3 while its price to book ratio for the same period is 4.75, as for as the company's cash per share for the most recent quarter is $1.06, however its price to cash per share ratio for the same period is 10.28. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Schwab Charles Investment Management Inc. lifted its holdings in shares of GoPro by 5.5% in the first quarter.
Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s revenue estimates for the current quarter are $309.63 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $325 Million in contradiction of low revenue estimates of $300.07 Million.
Currently Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 34.6%. Nomura Holdings Inc. now owns 13,769 shares of the company's stock valued at $112,000 after buying an additional 704 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of GoPro by 5.5% in the first quarter. (GPRO) most recent 13F filing, the company has 29 new institutional holders - accounting for 1.31 million shares of its common stock.
ILLEGAL ACTIVITY WARNING: "GoPro, Inc". The Company's product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud-based storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer.