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-14.76
Forward P/E Ratio75.30
P/E Growth4.6
Sales & Book Value
Annual Sales$286.83 million
Price / Sales3.76
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.12 per share
Price / Book6.72
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$1.01 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 data on Tuesday, November, 6th. The company reported $0.08 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.01. The firm earned $99.30 million during the quarter, compared to analysts' expectations of $96.14 million. Glu Mobile had a negative return on equity of 19.28% and a negative net margin of 14.65%. The business's quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.09) EPS. View Glu Mobile's Earnings History.
When is Glu Mobile's next earnings date?
What price target have analysts set for GLUU?
6 brokerages have issued twelve-month price targets for Glu Mobile's stock. Their forecasts range from $7.00 to $9.50. On average, they expect Glu Mobile's share price to reach $7.60 in the next year. This suggests a possible upside of 0.9% from the stock's current price. 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.
Has Glu Mobile been receiving favorable news coverage?
Media coverage about GLUU stock has trended somewhat positive recently, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Glu Mobile earned a news impact score of 1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the next few days.
Are investors shorting Glu Mobile?
Glu Mobile saw a increase in short interest in 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 trading volume of 4,153,836 shares, the short-interest ratio is currently 2.1 days. Approximately 7.9% of the shares of the company 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 Sogou (SOGO), Virtusa (VRTU), Endava (DAVA), PROS (PRO), Luxoft (LXFT), Perficient (PRFT), Monotype Imaging (TYPE), AGM Group (AGMH), Formula Systems (1985) (FORTY), Computer Programs & Systems (CPSI), PDF Solutions (PDFS), Synchronoss Technologies (SNCR), Bright Mountain Media (BMTM), RealNetworks (RNWK) and Perion Network (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)
Who are Glu Mobile's major shareholders?
Glu Mobile's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.53%), BlackRock Inc. (5.36%), MARSHALL WACE ASIA Ltd (3.18%), JPMorgan Chase & Co. (2.25%), JPMorgan Chase & Co. (2.25%) and Artemis Investment Management LLP (1.87%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, 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, Benjamin T Iv Smith, 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 purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Emerald Advisers Inc. PA, MARSHALL WACE ASIA Ltd, Emerald Mutual Fund Advisers Trust, Vanguard Group Inc., Allianz Asset Management GmbH and Columbus Circle Investors. 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 $7.53.
How big of a company is Glu Mobile?
Glu Mobile has a market capitalization of $1.01 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.
