With 3.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.37 million shares. The 52-week range on GPRO shows that it touched its highest point at $2.42 and its lowest point at $0.77 during that stretch. It currently has a 1-year price target of $1.00. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GPRO was down-trending over the past week, with a drop of -5.82%, but this was down by -26.94% over a month. Three-month performance dropped to -34.31% while six-month performance fell -40.78%. The stock lost -65.41% in the past year, while it has lost -28.28% so far this year. A look at the trailing 12-month EPS for GPRO yields -2.85 with Next year EPS estimates of 0.08. For the next quarter, that number is -0.12. This implies an EPS growth rate of 101.91% for this year and 74.00% for next year.
Float and Shares Shorts:
At present, 154.76 million GPRO shares are outstanding with a float of 124.70 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.4312 being high and -$2.4512 being low. For GPRO, this leads to a yearly average estimate of -$2.4412. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.04.
