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NASDAQ:GLUUGlu Mobile Stock Price, Forecast & News

$9.43
-0.07 (-0.74 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$9.37
Now: $9.43
$9.55
50-Day Range
$5.64
MA: $7.88
$10.25
52-Week Range
$3.98
Now: $9.43
$10.72
Volume1.42 million shs
Average Volume3.22 million shs
Market Capitalization$1.43 billion
P/E Ratio157.17
Dividend YieldN/A
Beta0.78
Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles primarily in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, Blood & Glory, Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, QuizUp, and Tap Sports. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay. It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was founded in 2001 and is headquartered in San Francisco, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryHome Entertainment Software
SectorConsumer Discretionary
Current SymbolNASDAQ:GLUU
CUSIP37989010
Phone415-800-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$411.40 million
Cash Flow$0.12 per share
Book Value$1.39 per share

Profitability

Net Income$8.87 million

Miscellaneous

Employees659
Market Cap$1.43 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Glu Mobile (NASDAQ:GLUU) Frequently Asked Questions

How has Glu Mobile's stock been impacted by COVID-19 (Coronavirus)?

Glu Mobile's stock was trading at $6.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GLUU stock has increased by 55.6% and is now trading at $9.43. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Glu Mobile?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Glu Mobile.

When is Glu Mobile's next earnings date?

Glu Mobile is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Glu Mobile.

How were Glu Mobile's earnings last quarter?

Glu Mobile Inc. (NASDAQ:GLUU) posted its quarterly earnings data on Thursday, May, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The firm earned $107.30 million during the quarter, compared to the consensus estimate of $96.75 million. Glu Mobile had a negative net margin of 0.02% and a positive return on equity of 0.37%. The company's revenue was up 11.9% on a year-over-year basis. View Glu Mobile's earnings history.

What price target have analysts set for GLUU?

11 equities research analysts have issued twelve-month target prices for Glu Mobile's stock. Their forecasts range from $4.00 to $11.50. On average, they anticipate Glu Mobile's stock price to reach $8.48 in the next year. This suggests that the stock has a possible downside of 10.1%. View analysts' price targets for Glu Mobile.

Has Glu Mobile been receiving favorable news coverage?

Headlines about GLUU stock have trended extremely negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Glu Mobile earned a coverage optimism score of -4.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutGlu Mobile.

Are investors shorting Glu Mobile?

Glu Mobile saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 11,130,000 shares, a decline of 24.5% from the April 30th total of 14,750,000 shares. Based on an average daily volume of 4,190,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 8.7% of the company's stock are sold short. View Glu Mobile's Current Options Chain.

Who are some of Glu Mobile's key competitors?

What other stocks do shareholders of Glu Mobile own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glu Mobile investors own include Zynga (ZNGA), Bank of America (BAC), Advanced Micro Devices (AMD), Micron Technology (MU), Intelsat (I), Alibaba Group (BABA), AMC Entertainment (AMC), Netflix (NFLX), Intel (INTC) and AT&T (T).

Who are Glu Mobile's key executives?

Glu Mobile's management team includes the following people:
  • Mr. Niccolo M. de Masi, Exec. Chairman (Age 39)
  • Mr. Nick Earl, Pres, CEO & Director (Age 53)
  • Mr. Eric R. Ludwig, Exec. VP, COO & CFO (Age 50)
  • Mr. Scott J. Leichtner, VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Christopher Akhavan, Chief Revenue Officer (Age 36)

What is Glu Mobile's stock symbol?

Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU."

Who are Glu Mobile's major shareholders?

Glu Mobile's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.98%), DNB Asset Management AS (2.75%), State Street Corp (2.62%), JPMorgan Chase & Co. (2.51%), Emerald Advisers LLC (2.47%) and Emerald Mutual Fund Advisers Trust (2.19%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Holdings Ltd Tencent, Masi Niccolo De, Puneet Kedia and Scott Leichtner. View institutional ownership trends for Glu Mobile.

Which institutional investors are selling Glu Mobile stock?

GLUU stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Invesco Ltd., New York State Common Retirement Fund, The Manufacturers Life Insurance Company , BNP Paribas Arbitrage SA, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Glu Mobile company stock in the last year include Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, Greg Brandeau, Holdings Ltd Tencent, Puneet Kedia, and Scott Leichtner. View insider buying and selling activity for Glu Mobile.

Which institutional investors are buying Glu Mobile stock?

GLUU stock was acquired by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., Emerald Advisers LLC, DNB Asset Management AS, Rice Hall James & Associates LLC, Emerald Mutual Fund Advisers Trust, Bogle Investment Management L P DE, Portolan Capital Management LLC, and Retirement Systems of Alabama. View insider buying and selling activity for Glu Mobile.

How do I buy shares of Glu Mobile?

Shares of GLUU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Glu Mobile's stock price today?

One share of GLUU stock can currently be purchased for approximately $9.43.

How big of a company is Glu Mobile?

Glu Mobile has a market capitalization of $1.43 billion and generates $411.40 million in revenue each year. The company earns $8.87 million in net income (profit) each year or $0.06 on an earnings per share basis. Glu Mobile employs 659 workers across the globe.

What is Glu Mobile's official website?

The official website for Glu Mobile is www.glu.com.

How can I contact Glu Mobile?

Glu Mobile's mailing address is 875 Howard Street Suite 100, San Francisco CA, 94103. The company can be reached via phone at 415-800-6100 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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