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 Ratio0.04
Current Ratio1.15
Quick Ratio1.15
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio121.60
P/E Growth8.32
Sales & Book Value
Annual Sales$286.83 million
Price / Sales2.96
Cash FlowN/A
Price / CashN/A
Book Value$1.12 per share
Price / Book5.43
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
Market Cap$871.48
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) issued its earnings results on Tuesday, May, 1st. The company reported $0.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.02. The company earned $81.44 million during the quarter, compared to the consensus estimate of $73.20 million. Glu Mobile had a negative return on equity of 34.72% and a negative net margin of 26.33%. Glu Mobile's quarterly revenue was up 43.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($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?
7 brokers have issued 1 year price objectives for Glu Mobile's shares. Their forecasts range from $3.00 to $7.50. On average, they expect Glu Mobile's stock price to reach $5.3214 in the next twelve months. This suggests that the stock has a possible downside of 12.5%. View Analyst Ratings for Glu Mobile.
What is the consensus analysts' recommendation for Glu Mobile?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Are investors shorting Glu Mobile?
Glu Mobile saw a increase in short interest in June. As of June 15th, there was short interest totalling 3,239,484 shares, an increase of 60.8% from the May 31st total of 2,015,180 shares. Based on an average trading volume of 2,953,150 shares, the days-to-cover ratio is currently 1.1 days. Currently, 3.0% of the shares of the company 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 Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU), Luxoft (LXFT), PROS (PRO), Perficient (PRFT), Monotype Imaging (TYPE), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), AGM Group (AGMH), 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 stories about GLUU stock have trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Glu Mobile earned a news impact score of 0.13 on Accern's scale. They also gave headlines about the company an impact score of 45.37 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (1.03%) and Campbell & CO Investment Adviser LLC (0.01%). 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 buying Glu Mobile stock?
GLUU stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB and Campbell & CO Investment Adviser LLC. 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 $6.08.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $871.48 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.
