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 in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, including Contract Killer, Cooking Dash, Covet Fashion, Deer Hunter, Design Home, and QuizUp. The company also creates games based on third-party licensed brands, such as Restaurant Dash with Gordon Ramsay and Kim Kardashian; and Hollywood, MLB Tap Sports Baseball, and Racing Rivals. 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 incorporated in 2001 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryHome Entertainment Software
SectorConsumer Discretionary
Current SymbolNASDAQ:GLUU
Previous Symbol
CUSIP37989010
Phone415-800-6100
Debt
Debt-to-Equity Ratio0.02
Current Ratio1.26
Quick Ratio1.26
Price-To-Earnings
Trailing P/E Ratio-15.04
Forward P/E Ratio76.70
P/E Growth4.99
Sales & Book Value
Annual Sales$286.83 million
Price / Sales3.83
Cash FlowN/A
Price / CashN/A
Book Value$1.20 per share
Price / Book6.39
Profitability
EPS (Most Recent Fiscal Year)($0.51)
Net Income$-97,570,000.00
Net Margins-14.65%
Return on Equity-19.28%
Return on Assets-10.63%
Miscellaneous
Employees546
Outstanding Shares143,250,000
Market Cap$1.10 billion
OptionableOptionable
Glu Mobile (NASDAQ:GLUU) Frequently Asked Questions
What is Glu Mobile's stock symbol?
Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU."
How were Glu Mobile's earnings last quarter?
Glu Mobile Inc. (NASDAQ:GLUU) posted its quarterly earnings results on Tuesday, November, 6th. The company reported $0.08 EPS for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.01. The firm had revenue of $99.30 million for the quarter, compared to analysts' expectations of $96.14 million. Glu Mobile had a negative net margin of 14.65% and a negative return on equity of 19.28%. The business's revenue for the quarter was up 22.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.09) earnings per share. View Glu Mobile's Earnings History.
When is Glu Mobile's next earnings date?
What price target have analysts set for GLUU?
5 brokerages have issued 1-year price targets for Glu Mobile's stock. Their forecasts range from $7.00 to $7.50. On average, they expect Glu Mobile's share price to reach $7.1250 in the next year. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets for Glu Mobile.
What is the consensus analysts' recommendation for Glu Mobile?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.
Has Glu Mobile been receiving favorable news coverage?
News articles about GLUU stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Glu Mobile earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
Are investors shorting Glu Mobile?
Glu Mobile saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,739,923 shares, an increase of 103.7% from the October 15th total of 4,289,982 shares. Based on an average daily trading volume, of 4,153,836 shares, the days-to-cover ratio is currently 2.1 days. Approximately 7.9% of the shares of the stock are short sold. View Glu Mobile's Current Options Chain.
Who are some of Glu Mobile's key competitors?
Some companies that are related to Glu Mobile include Sogou (SOGO), Endava (DAVA), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Perficient (PRFT), AGM Group (AGMH), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Perion Network (PERI) and Computer Task Group (CTG).
Who are Glu Mobile's key executives?
Glu Mobile's management team includes the folowing people:
- Mr. Niccolo M. De Masi, Exec. Chairman (Age 38)
- Mr. Nick Earl, Pres, CEO & Director (Age 52)
- Mr. Eric R. Ludwig, Exec. VP, COO & CFO (Age 49)
- Mr. Scott J. Leichtner, VP, Gen. Counsel & Corp. Sec. (Age 47)
- Mr. Christopher Akhavan, Chief Revenue Officer (Age 35)
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.36%), JPMorgan Chase & Co. (2.25%), JPMorgan Chase & Co. (2.25%), Artemis Investment Management LLP (1.87%), Rothschild & Co. Asset Management US Inc. (1.18%) and Handelsbanken Fonder AB (0.92%). Company insiders that own Glu Mobile stock include Ann Mather, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Masi Niccolo De 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 Artemis Investment Management LLP, Man Group plc, Russell Investments Group Ltd., Rothschild & Co. Asset Management US Inc., Handelsbanken Fonder AB, EAM Investors LLC, BlueMountain Capital Management LLC and Renaissance Technologies LLC. Company insiders that have sold Glu Mobile company stock in the last year include Ann Mather, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Masi Niccolo De and Scott Leichtner. View Insider Buying and Selling for Glu Mobile.
Which institutional investors are buying Glu Mobile stock?
GLUU stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Allianz Asset Management GmbH, Columbus Circle Investors, AQR Capital Management LLC and Handelsinvest Investeringsforvaltning. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Glu Mobile's stock price today?
One share of GLUU stock can currently be purchased for approximately $7.67.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $1.10 billion and generates $286.83 million in revenue each year. The company earns $-97,570,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis. Glu Mobile employs 546 workers across the globe.
What is Glu Mobile's official website?
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]
MarketBeat Community Rating for Glu Mobile (NASDAQ GLUU)
MarketBeat's community ratings are surveys of what our community members think about Glu Mobile and other stocks. Vote "Outperform" if you believe GLUU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLUU will underperform the S&P 500 over the long term. You may vote once every thirty days.
