With 1.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.84 million shares. The 52-week range on GPRO shows that it touched its highest point at $1.96 and its lowest point at $0.40 during that stretch. It currently has a 1-year price target of $0.65. Beta for the stock currently stands at 1.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GPRO was down-trending over the past week, with a drop of -6.55%, but this was up by 11.52% over a month. Three-month performance dropped to -41.83% while six-month performance fell -58.34%. The stock lost -70.55% in the past year, while it has lost -48.40% so far this year. A look at the trailing 12-month EPS for GPRO yields -2.85 with Next year EPS estimates of 0.00. For the next quarter, that number is -0.12. This implies an EPS growth rate of 98.93% for this year and 100.58% for next year. EPS is expected to grow by 90.39% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -94.63%.
Float and Shares Shorts:
At present, 129.20 million GPRO shares are outstanding with a float of 126.81 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPRO since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.4312 being high and -$2.4512 being low. For GPRO, this leads to a yearly average estimate of -$2.4412.
