GoPro, Inc. (NASDAQ:GPRO) registered a -0.46% decrease, still its new closing price is 25.88% up from the company’s 1 year high of 17.68.It posted 6.12% gains in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 4 of Wall Street analysts have an underperform rating; the 1 sells versus 0 buy or better ratings. The 18 stock analysts following this company have an average price target at $9.64, with individual PT in the $6.00-$15.00 range. The shares moved at $10.75, implying that brokerage firms see shares losing about -2.80% in twelve months time.
GoPro, Inc. (GPRO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 23.42% rise year to date. A President at GoPro, Inc. (GPRO) offloaded shares in a transaction closed on Wednesday December 07, 2016. Bates Anthony John sold 23,598 shares in the company at $9.62 each and collected $227,000 in proceeds. Bates Anthony John now owns 352,272 shares in the company after this transaction. A President in the company, Bates Anthony John, disclosed a transaction on Tuesday December 06, 2016 that ended up generating $71,001 from the sale of 7,434 shares at $9.68 per share.
GoPro, Inc. (NASDAQ:GPRO) Upcoming Results on Tap
GoPro, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.21 in that period. Sales during the quarter are predicted to arrive at $271.17 million.
Earnings surprise history: Last quarter, the company posted approximately $240.57 million in revenue and EPS of $-0.60. The mean forecast was for $318.62 million and $-0.35 a share, respectively. One quarter earlier, revenue for the stock was at $220.76 million, with earnings at $-0.52/share.
GoPro, Inc. (GPRO) Brokerage Update
GoPro, Inc. (GPRO) is in Longbow’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Neutral by Longbow, according to news reported on Friday January 06, 2017.Another important research note was issued by Dougherty & Company on Wednesday November 09, 2016.The firm downgraded GPRO to Sell from Neutral. Over the last six months and over the last three months, the shares of GoPro, Inc. (GPRO), have changed -16.92% and -20.96%, respectively.