The market experts are predicting a 11.83% rally, based on the high target price ($50) for Roku, Inc. shares that is likely to be hit in the 52 weeks.
Several other research firms have also recently issued reports on GPRO. Oppenheimer reissued a "hold" rating on shares of GoPro in a research report on Friday, September 29th. Longbow Research upgraded shares of GoPro from a "neutral" rating to a "buy" rating and upped their price target for the company from $9.60 to $13.00 in a research note on Wednesday, October 18th. The company has a consensus rating of Hold and an average price target of $8.74. The NYSE-listed company saw a recent bid of $26.70 on volume of 5.14 million shares. GoPro has a fifty-two week low of $5.04 and a fifty-two week high of $11.89. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.50 as current ratio and on the opponent side the debt to equity ratio was 1.20 and long-term debt to equity ratio also remained 1.20. According to their observations and findings, the stock could provide a high EPS of $0.44/share and a low EPS of $-0.3/share.
In related news, CFO Brian Mcgee sold 4,497 shares of the business's stock in a transaction dated Monday, November 14th.
For the current quarter Gopro Inc Cl A Cmn (NASDAQ:GPRO) has average revenue estimates of $354.73 Million, a total number of 9 analysts provided estimations over revenues. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anthony John Bates sold 17,023 shares of GoPro stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $8.23, for a total value of $62,062.43. Following the sale, the director now owns 99,459 shares in the company, valued at approximately $793,682.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 704,907 shares of company stock valued at $6,478,800.
A number of institutional investors have recently bought and sold shares of the company. Nomura Holdings Inc. increased its holdings in GoPro by 5.4% during the 2nd quarter. National Bank Of New York Mellon owns 407,891 shares for 0% of their portfolio. Capital Fund Management S.A. now owns 456,870 shares of the company's stock worth $3,714,000 after buying an additional 352,740 shares during the period. Teachers Advisors LLC now owns 193,410 shares of the company's stock worth $1,572,000 after purchasing an additional 16,243 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in GoPro by 11.7% during the third quarter. Wells Fargo & Company MN grew its stake in GoPro by 266.1% during the 2nd quarter.
For the current quarter, 12 analysts are projecting a mean EPS of $-0.02/share. This works out to a net increase in ownership of 2.81 million shares, and suggests that institutions are feeling bullish about the stock.
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What Historical Figures Say About GoPro, Inc. 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.