NASDAQ:GLUU

Glu Mobile Stock Forecast, Price & News

$9.64

+0.05 (+0.52 %)

(As of 12/4/2020 12:00 AM ET)

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Today's Range

$9.54

Now: $9.64▼

$9.70

50-Day Range

$6.91

MA: $8.47▼

$10.11

52-Week Range

$3.98

Now: $9.64▼

$10.85

Volume2.10 million shs

Average Volume4.24 million shs

Market Capitalization$1.66 billion

P/E Ratio321.33

Dividend YieldN/A

Beta0.69

Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. It publishes titles primarily in four genres, including lifestyle, casual, mid-core, and sports and outdoors. The company's portfolio of compelling games based on its own intellectual property, such as Cooking Dash, Covet Fashion, Deer Hunter, Design Home, Diner DASH Adventures, and QuizUp, as well as games based on or significantly incorporating third party licensed brands, including Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay, as well as Disney Sorcerer's Arena. It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, and others. 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.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
Glu Mobile has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 9 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $9.87, Glu Mobile has a forecasted upside of 2.4% from its current price of $9.64.
Amount of Analyst Coverage
Glu Mobile has only been the subject of 2 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Glu Mobile has received 641 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Glu Mobile has received 536 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Glu Mobile has received 54.46% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Glu Mobile does not currently pay a dividend.
Dividend Growth
Glu Mobile does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Glu Mobile insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,514,428.00 in company stock.
Percentage Held by Insiders
Only 6.84% of the stock of Glu Mobile is held by insiders.
Percentage Held by Institutions
70.47% of the stock of Glu Mobile is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Glu Mobile are expected to grow by 56.52% in the coming year, from $0.23 to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Glu Mobile is 321.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Glu Mobile is 321.33, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 57.29.
Price to Earnings Growth Ratio
Glu Mobile has a PEG Ratio of 2.81. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Glu Mobile has a P/B Ratio of 4.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Custom computer programming services

Sub-IndustryHome Entertainment Software

SectorConsumer Discretionary

Current SymbolNASDAQ:GLUU

Previous Symbol

CUSIP37989010

CIK1366246

Webwww.glu.com

Phone415-800-6100

Employees715

Debt

Debt-to-Equity RatioN/A

Current Ratio2.36

Quick Ratio2.36

Price-To-Earnings

Trailing P/E Ratio321.33

Forward P/E Ratio41.91

P/E Growth2.81

Sales & Book Value

Annual Sales$411.40 million

Price / Sales4.03

Cash Flow$0.13 per share

Price / Cash Flow76.50

Book Value$2.27 per share

Price / Book4.25

Profitability

EPS (Most Recent Fiscal Year)$0.06

Net Income$8.87 million

Net Margins1.44%

Return on Equity2.79%

Return on Assets1.55%

Miscellaneous

Outstanding Shares171,998,000

Market Cap$1.66 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$9.64

+0.05 (+0.52 %)

(As of 12/4/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Glu Mobile (NASDAQ:GLUU) Frequently Asked Questions

How has Glu Mobile's stock price been impacted by Coronavirus?

Glu Mobile's stock was trading at $6.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GLUU stock has increased by 59.1% and is now trading at $9.64.
View which stocks have been most impacted by COVID-19.

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 or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Glu Mobile?

Wall Street analysts have given Glu Mobile a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Glu Mobile wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Glu Mobile's next earnings date?

Glu Mobile is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Glu Mobile.

How were Glu Mobile's earnings last quarter?

Glu Mobile Inc. (NASDAQ:GLUU) released its quarterly earnings results on Thursday, November, 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. The firm had revenue of $147.30 million for the quarter, compared to analysts' expectations of $136.54 million. Glu Mobile had a return on equity of 2.79% and a net margin of 1.44%.
View Glu Mobile's earnings history.

What price target have analysts set for GLUU?

11 brokers have issued 1-year target prices for Glu Mobile's shares. Their forecasts range from $4.00 to $13.00. On average, they expect Glu Mobile's stock price to reach $9.87 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for Glu Mobile.

Who are some of Glu Mobile's key competitors?

Some companies that are related to Glu Mobile include GEMALTO NV/S (GTOMY), Endava (DAVA), Sogou (SOGO), PROS (PRO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY), Computer Programs and Systems (CPSI), Bright Mountain Media (BMTM), AGM Group (AGMH), Perion Network (PERI), Synchronoss Technologies (SNCR), Innovative Solutions and Support (ISSC), Luokung Technology (LKCO) and Computer Task Group (CTG).
View all 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), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Intelsat (I) and Tesla (TSLA).

Who are Glu Mobile's key executives?

Glu Mobile's management team includes the following people:

Mr. Niccolo Mcleod De Masi, Exec. Chairman (Age 40, Pay $7.34k)
Mr. Nick Earl, Pres, CEO & Director (Age 54, Pay $475k)
Mr. Eric R. Ludwig, Exec. VP, COO & CFO (Age 51, Pay $375k)
Mr. Scott J. Leichtner, VP, Gen. Counsel & Corp. Sec. (Age 49, Pay $345k)
Mr. Christopher Akhavan, Sr. VP of Bus. & Corp. Devel. (Age 37, Pay $400k)
Ms. Becky Ann Hughes, Sr. VP of Revenue (Age 39, Pay $300.92k)
Mr. Gordon Lee, VP of Accounting & Principal Accounting Officer (Age 41)
Mr. Tim Wilson, Chief Technology Officer (Age 64)
Mr. Harman Singh, VP of Fin. & Investor Relations
Mr. Mike Olsen, Sr. VP of Studios

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (12.36%), State Street Corp (2.84%), Emerald Advisers LLC (1.83%), Rothschild & Co. Asset Management US Inc. (1.74%), Arrowstreet Capital Limited Partnership (1.67%) and Emerald Mutual Fund Advisers Trust (1.67%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, 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 Shelter Haven Capital Management L.P., DNB Asset Management AS, Cubist Systematic Strategies LLC, Mackay Shields LLC, Emerald Advisers LLC, Acadian Asset Management LLC, Emerald Mutual Fund Advisers Trust, and ExodusPoint Capital Management LP. Company insiders that have sold Glu Mobile company stock in the last year include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, Greg Brandeau, Masi Niccolo De, 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., J. Goldman & Co LP, Morgan Stanley, Handelsbanken Fonder AB, Maplelane Capital LLC, Schonfeld Strategic Advisors LLC, AJO LP, and Squarepoint Ops LLC.
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 $9.64.

How big of a company is Glu Mobile?

Glu Mobile has a market capitalization of $1.66 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 715 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 12/5/2020 by MarketBeat.com Staff

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