Currently, there are 154.76M common shares owned by the public and among those 124.70M shares have been available to trade.
The company’s stock has a 5-day price change of -17.73% and -45.14% over the past three months. GPRO shares are trading -27.03% year to date (YTD), with the 12-month market performance down to -69.17% lower. It has a 12-month low price of $0.85 and touched a high of $2.67 over the same period. GPRO has an average intraday trading volume of 2.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -20.94%, -27.73%, and -40.67% respectively.
Institutional ownership of GoPro Inc (NASDAQ: GPRO) shares accounts for 43.03% of the company’s 154.76M shares outstanding.
It has a market capitalization of $125.20M and a beta (3y monthly) value of 1.59. The earnings-per-share (ttm) stands at -$2.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.01% over the week and 5.54% over the month.
Analysts forecast that GoPro Inc (GPRO) will achieve an EPS of -0.12 for the current quarter, -0.04 for the next quarter and 0.08 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.12 while analysts give the company a high EPS estimate of -0.12. Comparatively, EPS for the current quarter was -0.21 a year ago. Earnings per share for the fiscal year are expected to increase by 103.87%, and -67.95% over the next financial year.
Looking at the support for the GPRO, a number of firms have released research notes about the stock. Wedbush stated their Neutral rating for the stock in a research note on February 08, 2024, with the firm’s price target at $2. Morgan Stanley coverage for the GoPro Inc (GPRO) stock in a research note released on December 12, 2023 offered a Underweight rating with a price target of $3. Oppenheimer was of a view on November 04, 2022 that the stock is Perform, while JP Morgan gave the stock Neutral rating on November 04, 2022, issuing a price target of $9- $6. Jefferies on their part issued Buy rating on February 28, 2022.
