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
Industry Custom computer programming services
Sub-IndustryHome Entertainment Software
SectorConsumer Discretionary
SymbolNASDAQ:GLUU
CUSIP37989010
Phone415-800-6100
Debt
Debt-to-Equity Ratio0.04
Current Ratio1.15
Quick Ratio1.15
Price-To-Earnings
Trailing P/E Ratio-13.08
Forward P/E Ratio133.40
P/E Growth8.05
Sales & Book Value
Annual Sales$286.83 million
Price / Sales3.25
Cash FlowN/A
Price / CashN/A
Book Value$1.12 per share
Price / Book5.96
Profitability
EPS (Most Recent Fiscal Year)($0.51)
Net Income$-97,570,000.00
Net Margins-26.33%
Return on Equity-34.72%
Return on Assets-19.81%
Miscellaneous
Employees546
Outstanding Shares139,660,000
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, May, 1st. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The firm earned $81.44 million during the quarter, compared to analysts' expectations of $73.20 million. Glu Mobile had a negative return on equity of 34.72% and a negative net margin of 26.33%. The company's revenue for the quarter was up 43.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.17) EPS. View Glu Mobile's Earnings History.
When is Glu Mobile's next earnings date?
What price target have analysts set for GLUU?
7 analysts have issued twelve-month price targets for Glu Mobile's shares. Their predictions range from $3.00 to $7.50. On average, they anticipate Glu Mobile's stock price to reach $5.3214 in the next year. View Analyst Ratings for Glu Mobile.
Are investors shorting Glu Mobile?
Glu Mobile saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 2,015,180 shares, a decline of 35.8% from the May 15th total of 3,139,090 shares. Based on an average daily trading volume, of 1,289,564 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.9% of the company's stock are sold short. 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 Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Perficient (PRFT), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), AGM Group (AGMH), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), RealNetworks (RNWK), Computer Task Group (CTG) and Perion Network Ltd Common Stock (PERI).
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)
Has Glu Mobile been receiving favorable news coverage?
Media coverage about GLUU stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Glu Mobile earned a news sentiment score of 0.19 on Accern's scale. They also assigned news articles about the company an impact score of 46.86 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.19%), Nokomis Capital L.L.C. (1.40%), Dimensional Fund Advisors LP (1.40%), Rothschild Asset Management Inc. (1.35%), Millennium Management LLC (1.15%) and Handelsbanken Fonder AB (0.91%). Company insiders that own Glu Mobile stock include Ann Mather, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Gregory J Cannon, Hany Nada, Masi Niccolo De and Nicholas Earl. 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 Millennium Management LLC, Spark Investment Management LLC, BlackRock Inc. and A.R.T. Advisors 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 and Masi Niccolo De. 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 Nokomis Capital L.L.C., Rothschild Asset Management Inc., Handelsbanken Fonder AB, Handelsbanken Fonder AB, Dimensional Fund Advisors LP, Russell Investments Group Ltd., ETF Managers Group LLC and Sei Investments Co.. Company insiders that have bought Glu Mobile stock in the last two years include Masi Niccolo De and Nicholas Earl. 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 $6.67.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $899.41 million 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.
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 (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.
