GoPro (NASDAQ:GPRO – Get Free Report)‘s stock had its “neutral” rating restated by analysts at Wedbush in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $2.00 price objective on the stock. Wedbush’s price target indicates a potential upside of 7.53% from the company’s current price.
GoPro Stock Performance
NASDAQ:GPRO opened at $1.86 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.73 and a quick ratio of 1.35. The firm has a market capitalization of $278.81 million, a price-to-earnings ratio of -5.47 and a beta of 1.43. The company’s 50-day moving average is $2.09 and its two-hundred day moving average is $2.77. GoPro has a 1-year low of $1.67 and a 1-year high of $4.45.
GoPro (NASDAQ:GPRO – Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $295.42 million for the quarter, compared to the consensus estimate of $326.99 million. GoPro had a negative net margin of 5.29% and a negative return on equity of 11.66%. Analysts forecast that GoPro will post -0.38 EPS for the current year.
Institutional Investors Weigh In On GoPro
About GoPro
GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.
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