GPRO Expected To Post An EPS Of $0.04 For The Quarter

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GPRO
GPRO

Research analysts expect GoPro Incorporated (NASDAQ: GPRO) to post an EPS of $0.04 for the present fiscal quarter. Earnings estimates have been provided by three analysts. The highest and lowest estimates of EPS are $0.04 and $0.03 respectively. Last year, in this quarter, the firm had posted a $0.20 EPS. Its newest earnings for the quarter are supposed to be posted on 5th August, Thursday.

Detailed Commentary On GPRO

Zacks has reported that analysts forecast a $0.65 EPS for the full year for the present financial year. The estimates for EPS range between $0.58 and $0.70. For the coming financial year, analysts forecast a $0.81 EPS with estimates ranging between $0.73 and $1.01.

The latest earnings data of GPRO was announced on 6th May, Thursday. An EPS of $0.03 was reported which beat the consensus $0.06 estimate. The firm reported a $203.68M revenue where analysts had expected $186.72M. It also had a -1.38% net margin and a 21.47% equity return.

Several research analysts have issued their reports on the stock. Morgan Stanley upped their target price to $8.90 from $7.90 while issuing a rating of “underweight” on 7th May, Friday. UBS Group upped their target price to $6 from $3 while issuing a rating of “sell” on 8th February, Monday. Of all the investment analysts who have issued a rating, three have given a rating of “hold”; two have given a rating of “sell”; one has issued a rating of “buy”. The general price target stood at $6.48.

On Monday, GPRO shares opened at a value of $11.22. The market capitalization of the firm stands at $1.72B with a 1.21 beta. The highest and lowest value of the firm over a period of one year stands at $13.79 and $3.74 respectively. The moving average value over a period of 50 days stands at $10.93 while for 200 days it stands at $9.47.