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
SymbolNASDAQ:GLUU
CUSIP37989010
Phone415-800-6100
Debt
Debt-to-Equity Ratio0.03
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio-12.35
Forward P/E Ratio78.88
P/E Growth5.36
Sales & Book Value
Annual Sales$286.83 million
Price / Sales3.12
Cash FlowN/A
Price / CashN/A
Book Value$1.12 per share
Price / Book5.63
Profitability
EPS (Most Recent Fiscal Year)($0.51)
Net Income$-97,570,000.00
Net Margins-18.88%
Return on Equity-26.30%
Return on Assets-14.68%
Miscellaneous
Employees546
Outstanding Shares141,800,000
Market Cap$911.80 million
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 data on Tuesday, July, 31st. The company reported ($0.03) EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.08. The business earned $90.20 million during the quarter, compared to analysts' expectations of $91.56 million. Glu Mobile had a negative net margin of 18.88% and a negative return on equity of 26.30%. The firm's quarterly revenue was up 31.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.17) 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?
6 equities research analysts have issued 1 year price objectives for Glu Mobile's stock. Their forecasts range from $3.00 to $7.50. On average, they anticipate Glu Mobile's stock price to reach $6.0417 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Glu Mobile.
What is the consensus analysts' recommendation for Glu Mobile?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.
Who are some of Glu Mobile's key competitors?
Some companies that are related to Glu Mobile include Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Endava (DAVA), Luxoft (LXFT), PROS (PRO), Perficient (PRFT), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), Synchronoss Technologies (SNCR), PDF Solutions (PDFS), AGM Group (AGMH) and RealNetworks (RNWK).
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 headlines about GLUU stock have trended somewhat positive recently, Accern Sentiment 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 companies on a scale of negative one to one, with scores closest to one being the most favorable. Glu Mobile earned a news and rumor sentiment score of 0.14 on Accern's scale. They also assigned news coverage about the company an impact score of 47.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Glu Mobile.
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.52%), Rothschild Asset Management Inc. (1.33%), Millennium Management LLC (1.05%), Handelsbanken Fonder AB (1.03%), Castleark Management LLC (0.81%) and Ariel Investments LLC (0.76%). 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, Nicholas Earl and Scott Leichtner. View Institutional Ownership Trends for Glu Mobile.
Which major investors are selling Glu Mobile stock?
GLUU stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, California Public Employees Retirement System, Millennium Management LLC, Strs Ohio, Castleark Management LLC, Russell Investments Group Ltd., Marathon Capital Management and Cubist Systematic Strategies 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 major investors are buying Glu Mobile stock?
GLUU stock was purchased by a variety of institutional investors in the last quarter, including Columbus Circle Investors, EAM Investors LLC, BlackRock Inc., Engineers Gate Manager LP, Chicago Equity Partners LLC, Mackay Shields LLC, EAM Global Investors LLC and Handelsinvest Investeringsforvaltning. 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 $6.31.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $911.80 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 (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.
