The growth track for GoPro Inc (GPRO) has changed recently

With 1.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.38 million shares. During the session, the Consumer Electronics company that operates in wider Technology sector, reached to the highest price of $1.25 whereas the lowest price it dropped to was $1.21. The 52-week range on GPRO shows that it touched its highest point at $3.80 and its lowest point at $1.12 during that stretch. It currently has a 1-year price target of $1.35. Beta for the stock currently stands at 1.52.

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Price Performance and Earnings:

Three-month performance surged to 0.81% while six-month performance fell -16.11%. The stock lost -66.49% in the past year, while it has lost -63.98% so far this year. A look at the trailing 12-month EPS for GPRO yields -2.63 with Next year EPS estimates of 0.14. For the next quarter, that number is -0.11. This implies an EPS growth rate of -1120.60% for this year and 105.61% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.00%.

Float and Shares Shorts:

At present, 128.50 million GPRO shares are outstanding with a float of 124.64 million shares on hand for trading. On 2024-11-15, short shares totaled 4.06 million, which was 263.00002 higher than short shares on 1728950400. In addition to Mr. Nicholas D. Woodman as the firm’s Founder, CEO & Chairman, Mr. Brian T. McGee C.M.A. serves as its Executive VP, CFO & COO.

Institutional Ownership:

Through their ownership of 0.54204 of GPRO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GPRO reported revenue of $258898000.0 and operating income of -$7452000.0. The EBITDA in the recently reported quarter was -$2934000.0 and diluted EPS was -$0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPRO since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GPRO analysts setting a high price target of 1.5 and a low target of 1.2, the average target price over the next 12 months is 1.35. Based on these targets, GPRO could surge 20.0% to reach the target high and fall by -4.0% to reach the target low. Reaching the average price target will result in a growth of 8.0% from current levels.

Analysts have provided yearly estimates in a range of -$0.68285 being high and -$4.1654 being low. For GPRO, this leads to a yearly average estimate of -$2.4412. The surprise factor in the prior quarter was -$0.25. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.08.