GoPro Inc [NASDAQ: GPRO] price surged by 3.50 percent to reach at $0.07.
A sum of 17906201 shares traded at recent session while its average daily volume was at 11.32M shares. GoPro Inc shares reached a high of $2.15 and dropped to a low of $1.935 until finishing in the latest session at $2.07.
The one-year GPRO stock forecast points to a potential downside of -158.75. The average equity rating for GPRO stock is currently 4.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on GoPro Inc [GPRO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GPRO shares is $0.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GPRO stock is a recommendation set at 4.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for GoPro Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 08, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $4.20 to $3. The new note on the price target was released on December 12, 2023, representing the official price target for GoPro Inc stock. On November 04, 2022, analysts decreased their price target for GPRO shares from 9 to 6.
The Price to Book ratio for the last quarter was 3.34, with the Price to Cash per share for the same quarter was set at 0.37.
GPRO Stock Performance Analysis:
GoPro Inc [GPRO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.93. With this latest performance, GPRO shares gained by 53.33% in over the last four-week period, additionally plugging by 200.00% over the last 6 months – not to mention a rise of 89.91% in the past year of trading.
Insight into GoPro Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and GoPro Inc [GPRO] shares currently have an operating margin of -8.61% and a Gross Margin at 34.81%. GoPro Inc’s Net Margin is presently recorded at -14.53%.
GoPro Inc (GPRO) Capital Structure & Debt Analysis
According to recent financial data for GoPro Inc. ( GPRO), the Return on Equity (ROE) stands at -76.81%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -21.80%, reflecting the company’s efficiency in generating profits from its assets. Additionally, GoPro Inc’s Return on Invested Capital (ROIC) is -97.05%, showcasing its effectiveness in deploying capital for earnings.
GoPro Inc (GPRO) Efficiency & Liquidity Metrics
Based on GoPro Inc’s (GPRO) latest financial statements, the Debt-to-Equity Ratio is 1.26%, indicating its reliance on debt financing relative to shareholder equity.
GoPro Inc (GPRO) Efficiency & Liquidity Metrics
From an operational efficiency perspective, GoPro Inc. (GPRO) effectively leverages its workforce, generating an average of -$155933.91 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.83% and a Quick Ratio of 0.55%, indicating strong ability to cover short-term liabilities.
GPRO Stock EPS
With the latest financial reports released by the company, GoPro Inc posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GPRO.
GoPro Inc [GPRO] Institutonal Ownership Details
There are presently around $39.20%, or 44.19%% of GPRO stock, in the hands of institutional investors. The top three institutional holders of GPRO stocks are: BLACKROCK INC. with ownership of 10.5 million shares, which is approximately 6.8871%. VANGUARD GROUP INC, holding 7.54 million shares of the stock with an approximate value of $$10.71 million in GPRO stocks shares; and VANGUARD GROUP INC, currently with $$7.82 million in GPRO stock with ownership which is approximately 3.6114%.
