GoPro Company Profile (NASDAQ:GPRO)

About GoPro (NASDAQ:GPRO)

GoPro logoGoPro, Inc. (GoPro) produces cameras and mountable and wearable accessories. The Company's product offerings include HERO5, which is a line of cloud-connected cameras featuring image stabilization, telemetry, cloud connectivity and voice control; GoPro Plus, which is a cloud-based storage solution that enables subscribers to access, edit and share content; Quik, which is a mobile editing application that creates edits on a smartphone; Capture, which is a mobile application that allows users to preview and play back shots, control their GoPro cameras and share content on the fly using their smartphones; Karma, which is its compact and foldable drone and versatile stabilization solution that includes the Karma controller, and camera stabilizer, and it all fits in a custom backpack, and Karma Grip, which is a handheld, body-mountable camera stabilizer. It also offers a full ecosystem of mountable, wearable and voice activated accessories.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Photographic Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GPRO
  • CUSIP: N/A
  • Web: www.gopro.com
Capitalization:
  • Market Cap: $1.37183 billion
  • Outstanding Shares: 135,633,000
Average Prices:
  • 50 Day Moving Avg: $10.32
  • 200 Day Moving Avg: $9.01
  • 52 Week Range: $7.14 - $15.12
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: Infinity
  • P/E Growth: -13.01
Sales & Book Value:
  • Annual Revenue: $1.3 billion
  • Price / Sales: 0.99
  • Book Value: $2.31 per share
  • Price / Book: 4.10
Profitability:
  • EBITDA: ($158,940,000.00)
  • Net Margins: -27.88%
  • Return on Equity: -41.52%
  • Return on Assets: -20.79%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 1.66%
  • Quick Ratio: 1.13%
Misc:
  • Average Volume: 6.46 million shs.
  • Beta: 0.68
  • Short Ratio: 15.12
 

Frequently Asked Questions for GoPro (NASDAQ:GPRO)

What is GoPro's stock symbol?

GoPro trades on the NASDAQ under the ticker symbol "GPRO."

How were GoPro's earnings last quarter?

GoPro, Inc. (NASDAQ:GPRO) released its earnings results on Thursday, August, 3rd. The company reported ($0.14) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.34) by $0.20. The business earned $296.52 million during the quarter, compared to analysts' expectations of $268.94 million. GoPro had a negative net margin of 27.88% and a negative return on equity of 41.52%. The firm's revenue was up 34.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.52) earnings per share. View GoPro's Earnings History.

What guidance has GoPro issued on next quarter's earnings?

GoPro updated its third quarter earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of ($0.11)-($0.01) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.12). The company issued revenue guidance of $290-310 million, compared to the consensus revenue estimate of $279.32 million.

Where is GoPro's stock going? Where will GoPro's stock price be in 2017?

19 brokerages have issued 12 month price targets for GoPro's shares. Their predictions range from $6.00 to $15.00. On average, they expect GoPro's stock price to reach $9.31 in the next year. View Analyst Ratings for GoPro.

What are analysts saying about GoPro stock?

Here are some recent quotes from research analysts about GoPro stock:

  • 1. According to Zacks Investment Research, "GoPro has been making company-wide restructuring efforts, which include a combination of programs to cut costs. GoPro’s revenues are growing, driven by robust sales of the latest Hero5 cameras, the re-launch of Karma and strong accessory sales. GoPro has been aiming towards transforming itself from the ‘camera maker’ to ‘content maker’, and has taken significant steps to diversify into higher-margin businesses including video editing and virtual reality. GoPro is also making strategic investments in talent, technology, software and innovative products for quite some time now. The company has also resumed Karma sales and plans to ramp production further. However, over the past one year, GoPro shares have significantly underperformed the industry’s average return. Multiple operational stumbles including product recalls, messed up launches, production delays and supply chain issues have added to the woes." (10/4/2017)
  • 2. Dougherty & Co analysts commented, "GoPro post-close Wednesday announced that 1) Q117 revenue would come in at the high end of guidance ($210MM) and 2) it would cut another 270 jobs (17% of its workforce) in a bid to reach non-GAAP profitability in 2017. This is now the third major headcount reduction since January 2016 and unfortunately we are of the view that it still doesn't go far enough. 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 0.8x it is currently trading at on new FY17 revenue estimate of $1.0B. Our $5PT is based on 0.5x EV/S our FY17 revenue estimate." (3/16/2017)
  • 3. Citigroup Inc. analysts commented, "We are upgrading GoPro Shares to Neutral as we believe recent stabilization in revenue and another significant restructuring accelerates its path to profitability to 2017 from 2019. In our Mar. 3 initiation (GPRO: Initiate with Sell and $8 TP), we focused on GoPro's high opex vs. its prior profitability targets. To wit, mgmt. announced another $100M in opex cuts and guided for double-digit revenue growth in 2017 vs. our 5% growth est. EBITDA outlook is also now positive vs our prior cash burn est for 2017, lowering the risk GoPro taps its credit facility." (3/16/2017)
  • 4. 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)

Are investors shorting GoPro?

GoPro saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 26,230,334 shares, an increase of 4.0% from the September 15th total of 25,231,622 shares. Based on an average trading volume of 7,159,873 shares, the short-interest ratio is currently 3.7 days. Approximately 24.8% of the shares of the stock are sold short.

Who are some of GoPro's key competitors?

Who are GoPro's key executives?

GoPro's management team includes the folowing people:

  • Nicholas Woodman, Chairman of the Board, Chief Executive Officer
  • Brian McGee, Chief Financial Officer
  • Charles J. Prober, Chief Operating Officer
  • Sharon Zezima, General Counsel, Corporate Secretary
  • Kenneth A. Goldman, lead independent director
  • Anthony John Bates, Director
  • Alexander Lurie, Director
  • Susan M. Lyne, Director
  • Peter C. Gotcher, Independent Director

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.

What is GoPro's stock price today?

One share of GoPro stock can currently be purchased for approximately $9.48.


MarketBeat Community Rating for GoPro (NASDAQ GPRO)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  674 (Vote Outperform)
Underperform Votes:  788 (Vote Underperform)
Total Votes:  1,462
MarketBeat's community ratings are surveys of what our community members think about GoPro and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for GoPro (NASDAQ:GPRO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Sell Ratings, 12 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 1.95)
Consensus Price Target: $9.31 (1.77% downside)
Consensus Price Target History for GoPro (NASDAQ:GPRO)
Price Target History for GoPro (NASDAQ:GPRO)
Analysts' Ratings History for GoPro (NASDAQ:GPRO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Longbow ResearchUpgradeNeutral -> Buy$9.60 -> $13.00N/AView Rating Details
10/2/2017Dougherty & CoBoost Price TargetSell -> Sell$5.00 -> $7.00LowView Rating Details
9/29/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
9/29/2017WedbushReiterated RatingNeutral -> Neutral$11.48 -> $10.00LowView Rating Details
9/8/2017Morgan StanleyBoost Price TargetEqual Weight$8.50 -> $9.50HighView Rating Details
9/8/2017Citigroup Inc.Reiterated RatingSell -> Neutral$10.50LowView Rating Details
9/7/2017J P Morgan Chase & CoBoost Price TargetOverweight$13.00 -> $15.00MediumView Rating Details
8/15/2017Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$6.75 -> $10.00HighView Rating Details
8/4/2017Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformHighView Rating Details
8/3/2017Cowen and CompanyReiterated RatingHold$8.50MediumView Rating Details
6/5/2017Bank of America CorporationReiterated RatingUnderperform$8.00 -> $7.00LowView Rating Details
4/29/2017Stifel NicolausReiterated RatingHold$9.00MediumView Rating Details
3/18/2017Piper Jaffray CompaniesSet Price TargetSell$8.00LowView Rating Details
3/17/2017Barclays PLCReiterated RatingEqual Weight$10.00LowView Rating Details
3/17/2017Robert W. BairdReiterated RatingUnderperform$6.00LowView Rating Details
2/3/2017FBN SecuritiesSet Price TargetHold$10.50 -> $10.00N/AView Rating Details
1/24/2017Pacific CrestReiterated RatingHoldN/AView Rating Details
1/18/2017Johnson RiceReiterated RatingBuyN/AView Rating Details
11/10/2016Hilliard LyonsDowngradeNeutralN/AView Rating Details
9/26/2016BlueFin ResearchReiterated RatingaddN/AView Rating Details
8/31/2016KeyCorpReiterated RatingSector PerformN/AView Rating Details
2/4/2016Northland SecuritiesReiterated RatingBuy$20.00 -> $15.00N/AView Rating Details
2/4/2016Sterne Agee CRTDowngradeBuy -> Neutral$9.15 -> $10.00N/AView Rating Details
1/16/2016JMP SecuritiesReiterated RatingBuyN/AView Rating Details
12/4/2015Cleveland ResearchReiterated RatingNeutralN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for GoPro (NASDAQ:GPRO)
Earnings by Quarter for GoPro (NASDAQ:GPRO)
Earnings History by Quarter for GoPro (NASDAQ GPRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017($0.34)($0.14)$268.94 million$296.52 millionViewListenView Earnings Details
4/27/2017Q1 2017($0.54)($0.53)$206.23 million$218.61 millionViewN/AView Earnings Details
2/2/2017Q416$0.22$0.29$585.31 million$540.62 millionViewListenView Earnings Details
11/3/2016Q316($0.35)($0.60)$315.89 million$240.57 millionViewN/AView Earnings Details
7/27/2016Q216($0.58)($0.52)$194.37 million$220.80 millionViewListenView Earnings Details
5/5/2016Q116($0.60)($0.63)$169.14 million$183.50 millionViewN/AView Earnings Details
2/3/2016Q415$0.03($0.08)$499.23 million$436.60 millionViewN/AView Earnings Details
10/28/2015Q315$0.22$0.25$435.33 million$400.34 millionViewListenView Earnings Details
7/21/2015Q215$0.26$0.35$395.17 million$419.92 millionViewListenView Earnings Details
4/28/2015Q115$0.18$0.24$340.99 million$363.10 millionViewN/AView Earnings Details
2/5/2015Q414$0.70$0.99$574.46 million$633.90 millionViewN/AView Earnings Details
10/30/2014Q312$0.01$0.06$263.90 million$280.00 millionViewN/AView Earnings Details
7/31/2014Q212$0.07$0.08$237.97 million$244.60 millionViewN/AView Earnings Details
4/30/2012$0.51$0.55ViewN/AView Earnings Details
2/13/2012$0.68$0.72ViewN/AView Earnings Details
11/2/2011$0.54$0.57ViewN/AView Earnings Details
7/28/2011$0.49$0.51ViewN/AView Earnings Details
4/28/2011$0.52$0.54ViewN/AView Earnings Details
2/15/2011$0.55$0.61ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for GoPro (NASDAQ:GPRO)
2017 EPS Consensus Estimate: ($0.57)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.55)($0.55)($0.55)
Q2 20172($0.34)($0.26)($0.30)
Q3 20172($0.26)($0.02)($0.14)
Q4 20172$0.40$0.44$0.42
(Data provided by Zacks Investment Research)

Dividends

Dividend History for GoPro (NASDAQ:GPRO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for GoPro (NASDAQ:GPRO)
Insider Ownership Percentage: 28.58%
Institutional Ownership Percentage: 24.37%
Insider Trades by Quarter for GoPro (NASDAQ:GPRO)
Institutional Ownership by Quarter for GoPro (NASDAQ:GPRO)
Insider Trades by Quarter for GoPro (NASDAQ:GPRO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Charles J ProberCOOSell24,918$11.00$274,098.00View SEC Filing  
9/7/2017Anthony John BatesDirectorSell25,529$10.17$259,629.93View SEC Filing  
8/17/2017Sharon S. ZezimaGeneral CounselSell897$9.45$8,476.65View SEC Filing  
6/6/2017Anthony John BatesDirectorSell41,076$8.49$348,735.24View SEC Filing  
3/6/2017Anthony John BatesDirectorSell41,077$8.19$336,420.63View SEC Filing  
2/21/2017Brian McgeeCFOSell5,692$9.31$52,992.52View SEC Filing  
2/17/2017Charles J ProberCOOSell1,602$9.20$14,738.40View SEC Filing  
2/17/2017Michael E MarksDirectorSell30,000$9.22$276,600.00View SEC Filing  
2/17/2017Sharon S ZezimaGeneral CounselSell6,297$9.16$57,680.52View SEC Filing  
12/7/2016Anthony John BatesPresidentSell23,598$9.62$227,012.76View SEC Filing  
12/6/2016Anthony John BatesPresidentSell7,434$9.68$71,961.12View SEC Filing  
11/14/2016Brian McgeeCFOSell4,497$10.32$46,409.04View SEC Filing  
9/7/2016Anthony John BatesPresidentSell9,704$14.16$137,408.64View SEC Filing  
8/31/2016Michael E MarksDirectorSell264$14.94$3,944.16View SEC Filing  
8/19/2016Edward A GilhulyDirectorSell700,000$15.12$10,584,000.00View SEC Filing  
8/15/2016Michael E. MarksDirectorSell40,000$15.58$623,200.00View SEC Filing  
6/6/2016Anthony John BatesPresidentSell9,704$10.79$104,706.16View SEC Filing  
3/8/2016Sharon S ZezimaGeneral CounselSell1,649$12.58$20,744.42View SEC Filing  
3/4/2016Anthony John BatesPresidentSell9,757$14.03$136,890.71View SEC Filing  
12/7/2015Anthony John BatesPresidentSell7,434$17.61$130,912.74View SEC Filing  
11/30/2015Edward A GilhulyDirectorSell6,344$20.50$130,052.00View SEC Filing  
9/16/2015Sharon S. ZezimaGeneral CounselSell6,000$35.00$210,000.00View SEC Filing  
9/8/2015Anthony John BatesPresidentSell7,434$37.03$275,281.02View SEC Filing  
7/23/2015Edward A GilhulyDirectorSell253,400$64.46$16,334,164.00View SEC Filing  
7/22/2015Jack R LazarCFOSell75,000$61.42$4,606,500.00View SEC Filing  
6/15/2015Sharon S ZezimaGeneral CounselSell6,000$57.70$346,200.00View SEC Filing  
6/10/2015Anthony John BatesPresidentSell279,174$59.31$16,557,809.94View SEC Filing  
6/9/2015Anthony John BatesPresidentSell96,655$58.77$5,680,414.35View SEC Filing  
6/8/2015Anthony John BatesPresidentSell143,304$59.82$8,572,445.28View SEC Filing  
6/8/2015Jack R LazarCFOSell25,000$59.90$1,497,500.00View SEC Filing  
5/28/2015Edward A GilhulyDirectorSell700,000$56.81$39,767,000.00View SEC Filing  
5/27/2015Kenneth A GoldmanDirectorSell5,740$53.38$306,401.20View SEC Filing  
5/20/2015Edward A GilhulyDirectorSell260,000$51.84$13,478,400.00View SEC Filing  
5/15/2015Edward A GilhulyDirectorSell374,500$50.35$18,856,075.00View SEC Filing  
5/4/2015Edward A GilhulyDirectorSell265,500$50.63$13,442,265.00View SEC Filing  
3/26/2015Foxteq Holdings Inc.Major ShareholderSell200,000$43.18$8,636,000.00View SEC Filing  
3/16/2015Sharon S ZezimaGeneral CounselSell6,000$39.32$235,920.00View SEC Filing  
2/25/2015Edward A GilhulyDirectorSell250,000$44.20$11,050,000.00View SEC Filing  
2/20/2015Edward A GilhulyDirectorSell1,000,000$46.19$46,190,000.00View SEC Filing  
2/18/2015Michael E MarksDirectorSell5,000,000$46.56$232,800,000.00View SEC Filing  
12/3/2014Edward A GilhulyDirectorSell125,880$72.38$9,111,194.40View SEC Filing  
12/3/2014Foxteq Holdings Inc.Major ShareholderSell211,354$72.38$15,297,802.52View SEC Filing  
12/3/2014Nicholas WoodmanCEOSell837,647$72.38$60,628,889.86View SEC Filing  
11/25/2014Edward A GilhulyDirectorSell618,000$72.38$44,730,840.00View SEC Filing  
11/25/2014Foxteq Holdings Inc.Major ShareholderSell1,030,000$72.38$74,551,400.00View SEC Filing  
11/25/2014Jack R LazarCFOSell18,000$72.38$1,302,840.00View SEC Filing  
11/25/2014Nina RichardsonCOOSell18,750$72.38$1,357,125.00View SEC Filing  
11/25/2014Sharon S ZezimaGeneral CounselSell2,344$72.38$169,658.72View SEC Filing  
7/1/2014Edward A GilhulyDirectorSell624,167$22.56$14,081,207.52View SEC Filing  
7/1/2014Neil DanaMajor ShareholderSell658,443$22.56$14,854,474.08View SEC Filing  
7/1/2014Nicholas WoodmanCEOSell5,092,374$22.56$114,883,957.44View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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GoPro (GPRO) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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