GoPro (GPRO) Scheduled to Post Earnings on Monday

GoPro (NASDAQ:GPRO) will be releasing its earnings data after the market closes on Monday, January 29th. Analysts expect GoPro to post earnings of $0.45 per share for the quarter. GoPro has set its Q4 guidance at $0.37-0.47 EPS.

GoPro (NASDAQ:GPRO) last posted its earnings results on Wednesday, November 1st. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.14. GoPro had a negative return on equity of 15.90% and a negative net margin of 17.52%. On average, analysts expect GoPro to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GoPro (NASDAQ GPRO) opened at $6.29 on Monday. GoPro has a 12-month low of $5.04 and a 12-month high of $11.89. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.65 and a quick ratio of 1.08. The company has a market capitalization of $918.08, a P/E ratio of -3.66 and a beta of 0.53.

A number of equities research analysts recently issued reports on the company. Wedbush reissued a “neutral” rating on shares of GoPro in a research report on Thursday, October 26th. Vetr raised GoPro from a “sell” rating to a “strong-buy” rating and set a $11.55 price target on the stock in a research report on Thursday, October 19th. Dougherty & Co reissued a “sell” rating and set a $4.00 price target (down previously from $7.00) on shares of GoPro in a research report on Tuesday, January 9th. Citigroup reduced their price target on GoPro to $7.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 9th. Finally, Longbow Research raised GoPro from a “neutral” rating to a “buy” rating and increased their price target for the stock from $9.60 to $13.00 in a research report on Wednesday, October 18th. They noted that the move was a valuation call. Seven analysts have rated the stock with a sell rating, twelve have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $8.74.

In other GoPro news, CEO Nicholas Woodman sold 515,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $9.30, for a total value of $4,789,500.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Anthony John Bates sold 17,023 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $7.98, for a total value of $135,843.54. Following the completion of the sale, the director now directly owns 99,459 shares in the company, valued at approximately $793,682.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 704,907 shares of company stock worth $6,478,800. Company insiders own 28.58% of the company’s stock.

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About GoPro

GoPro, Inc (GoPro) produces cameras and mountable and wearable accessories. 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.

Earnings History for GoPro (NASDAQ:GPRO)

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