GoPro, Inc. produces mountable and wearable cameras (capture devices) and accessories. The Company's products are sold globally through retailers, wholesale distributors and on its Website. It enables people to capture compelling, immersive photo and video content of themselves in their day to day life, as well as participating in their favorite activities. Its products include HERO line of capture devices. From extreme to mainstream, professional to consumer, GoPro enables the world to capture and share its passions in the form of immersive and engaging content. It develops product solutions to enable consumers to capture, manage, share and enjoy some of the important moments in their lives. GoPro integrates with mobile devices through the GoPro App, which enables engaging self-capture during virtually any activity. It offers two applications, including GoPro Studio and GoPro App, which facilitate posting of photos and videos directly to social networks and content platforms.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Photographic Equipment & Supplies
- Sub-Industry: N/A
- Exchange: NASDAQ
- Symbol: GPRO
- Previous Close: $9.57
- 50 Day Moving Average: $9.52
- 200 Day Moving Average: $11.92
- 52-Week Range: $8.54 - $17.68
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -59.81
- P/E Growth: 0.73
- Market Cap: $1.36B
- Outstanding Shares: 141,063,000
- Beta: 0.74
- Net Margins: -35.35%
- Return on Equity: -44.14%
- Return on Assets: -29.23%
Companies Related to GoPro:
- Debt-to-Equity Ratio: 0.08%
- Current Ratio: 1.42%
- Quick Ratio: 1.01%
What is GoPro's stock symbol?
GoPro trades on the NASDAQ under the ticker symbol "GPRO."
Where is GoPro's stock going? Where will GoPro's stock price be in 2017?
20 brokers have issued 1-year price targets for GoPro's shares. Their forecasts range from $5.00 to $43.00. On average, they expect GoPro's share price to reach $10.78 in the next year.
When will GoPro announce their earnings?
GoPro is scheduled to release their next quarterly earnings announcement on Thursday, February, 2nd 2017.
What are analysts saying about GoPro stock?
Here are some recent quotes from research analysts about GoPro stock:
According to Zacks Investment Research, "After four back-to-back quarters of posting quarterly losses, GoPro managed to get back in the green, as its adjusted earnings trumped estimatesby 33%. Revenues too returned to year-over-year growth, despite the Karma recall and production issues related to Hero5 camera, which hurt the top line. The company has now resumed Karma sales and plans to ramp production further. Also, Hero5 seems to be gaining market traction quickly. However, the fact remains that GoPro has faced multiple operational stumbles in the recent past, including product recalls, messed up launches, production delays and supply chain issues. Further, the company gave highly disappointing revenue guidance for the current quarter, which indicates that the company is being cautious about its ability to build on the initial success of Hero5 camera, and also about the prospects of Karma in a highly competitive market." (2/8/2017)
- FBN Securities analysts commented, "We reiterate our Sector Perform rating on GPRO and lower our PT from $10.50 to $10.00. The company reported a FQ4 revenue miss but beat on NG EPS due to opex management as NG opex of $182M (down 2% Q/Q) came in lower than our $196M estimate. However, there are several factors that cause us to remain neutral on the equity in spite of the large stock decline over the past year. One is that the company is guiding for FQ4 revenue of $190-210M, which is 21-28% below prior consensus of $265M. Secondly, we believe that channel inventory is still too high. The company noted that channel inventory declined by 15% Y/Y, but this is versus extremely elevated levels a year before. We believe that channel inventory could be around 12 weeks or so, above a more normal 6-8 week level. Note that distribution revenue grew by 170% Q/Q to $250M, which is 46% of revenue, up from 33% the year before and 39% in FQ3. Thirdly, even with the ~$100M annualized opex savings this year, we still model GPRO's NG EPS at -$.95, lower than our previous -$.28 estimate. Therefore, we remain neutral on the equity with a negative bent." (2/3/2017)
- Dougherty & Co analysts commented, "As we expected, GoPro performed just fine in Q416 thanks to a global sell-in blitz. However, revenue guidance for Q117 came in below expectations due to sell-through coming up short in Q416 and leaving excess inventory in the channel. As a result, GoPro is cutting cost again. In our opinion, GoPro needs to shed much more cost than it is willing to admit. We believe the proper course of action here is a business designed around a 10% operating profit on annual camera sales of 3MM-4MM units; not barely making a profit on a hoped-for 5MM-6MM units. Valuation continues to look elevated considering shares have traded as low as 0.5 EV/S vs. the 1.3x it is currently trading at on our new FY17 revenue estimate of $1.0B. Our $5PT is based on 0.5x EV/S our FY17 revenue estimate." (2/3/2017)
Pacific Crest analysts commented, "Acquiring Toulon Design is a strong move, in our view. ELY adds a renowned executive to its roster, it will further cement the leadership of the Odyssey brand in the putter category, and it provides an opportunity to build a separate namesake super premium putter business with Toulon Design. Along with already strong equipment market shares across all club categories, a strongly growing ball business, and Topgolf stake, we see ELY as very attractive. Names Are Important In Golf… Overall, Callaway has done a great job in product design and innovation, which has led to its top 3 share in all major areas of the golf equipment industry. We think today’s announcement further enhances that share opportunity and raises the bar for the company. Plain and simple, names matter in many areas of the sporting world which is why athletes are sponsored to sell products for brands. We also know golfers have an affection for their Odyssey or Scotty Cameron putter or Mack Daddy or Vokey wedge. So the fact that Callaway has acquired a leading name (founder Sean Toulon) is a strong positive move." (8/30/2016)
Oppenheimer Holdings, Inc. analysts commented, "GoPro has had a few rough quarters and has quickly sobered up with an accelerated strategic pivot (two mobile acquisitions and developer program announcements). We have argued that with a shrinking TAM for capturing devices, GoPro must build a robust software platform to cultivate a multi-device ecosystem. So if we were to play a drinking game for the 1Q earnings call-platform" and ecosystem" will be the top keywords. And a drink we may need-we believe 2016 is shaping up as a transitional year. We applaud GoPro’s recent moves to build a deeper technical bench and listen closely to customer and partner demands." (5/5/2016)
Who owns GoPro stock?
GoPro's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.24%), Pinnacle Associates Ltd. (0.99%), Commerzbank Aktiengesellschaft FI (0.52%), Hodges Capital Management Inc. (0.38%), Dimensional Fund Advisors LP (0.28%) and A.R.T. Advisors LLC (0.11%). Company insiders that own GoPro stock include Anthony John Bates, Brian Mcgee, Charles J Prober, Edward A Gilhuly, Foxteq Holdings Inc, Jack R Lazar, Kenneth A Goldman, Michael E Marks and Sharon S Zezima.
Who sold GoPro stock? Who is selling GoPro stock?
GoPro's stock was sold by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Raymond James Financial Services Advisors Inc., Dimensional Fund Advisors LP, Metropolitan Life Insurance Co. NY and Ladenburg Thalmann Financial Services Inc.. Company insiders that have sold GoPro stock in the last year include Anthony John Bates, Brian Mcgee, Charles J Prober, Edward A Gilhuly, Michael E Marks and Sharon S Zezima.
Who bought GoPro stock? Who is buying GoPro stock?
GoPro's stock was acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Hodges Capital Management Inc., A.R.T. Advisors LLC, State Street Corp, Russell Investments Group Ltd., Summit Global Investments, Frontier Wealth Management LLC and Allianz Asset Management AG.
How do I buy GoPro stock?
Shares of GoPro can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of GoPro stock cost?
One share of GoPro stock can currently be purchased for approximately $9.57.