Brokerages expect GoPro (NASDAQ:GPRO) to report ($0.40) earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have provided estimates for GoPro’s earnings. The lowest EPS estimate is ($0.51) and the highest is ($0.24). GoPro posted earnings of ($0.44) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 9.1%. The business is expected to issue its next earnings report after the market closes on Thursday, April 26th.

According to Zacks, analysts expect that GoPro will report full-year earnings of ($0.42) per share for the current fiscal year, with EPS estimates ranging from ($0.62) to ($0.25). For the next fiscal year, analysts expect that the firm will post earnings of ($0.04) per share, with EPS estimates ranging from ($0.27) to $0.08. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow GoPro.

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GoPro (NASDAQ:GPRO) last issued its earnings results on Thursday, February 1st. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.75). The company had revenue of $334.80 million for the quarter, compared to the consensus estimate of $340.19 million. GoPro had a negative return on equity of 40.56% and a negative net margin of 15.50%. The firm’s revenue was down 38.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.29 earnings per share.

Several research analysts recently issued reports on the stock. Vetr lowered shares of GoPro from a “buy” rating to a “hold” rating and set a $5.00 target price on the stock. in a research note on Monday, April 9th. BidaskClub raised shares of GoPro from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 7th. Zacks Investment Research raised shares of GoPro from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 4th. JPMorgan Chase lowered shares of GoPro from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $9.00 to $8.00 in a research note on Friday, February 2nd. Finally, Bank of America cut their target price on shares of GoPro from $6.50 to $5.50 and set an “underperform” rating on the stock in a research note on Friday, February 2nd. Four research analysts have rated the stock with a sell rating and twelve have issued a hold rating to the stock. The company has an average rating of “Hold” and an average target price of $7.71.

Shares of NASDAQ GPRO opened at $5.22 on Wednesday. The firm has a market cap of $768.93, a P/E ratio of -4.96 and a beta of 0.20. GoPro has a 12-month low of $4.42 and a 12-month high of $11.89. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.14 and a current ratio of 1.55.

In other GoPro news, CFO Brian Mcgee sold 11,124 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $5.65, for a total value of $62,850.60. Following the transaction, the chief financial officer now directly owns 71,958 shares of the company’s stock, valued at $406,562.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Sharon S. Zezima sold 14,966 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $5.60, for a total transaction of $83,809.60. The disclosure for this sale can be found here. 28.58% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Argent Capital Management LLC purchased a new stake in shares of GoPro in the third quarter valued at about $1,028,000. Canyon Capital Advisors LLC purchased a new stake in shares of GoPro in the fourth quarter valued at about $379,000. CIBC World Markets Inc. purchased a new stake in shares of GoPro in the fourth quarter valued at about $295,000. Boothbay Fund Management LLC purchased a new stake in shares of GoPro in the third quarter valued at about $266,000. Finally, Spark Investment Management LLC purchased a new stake in shares of GoPro in the fourth quarter valued at about $2,237,000. 26.00% of the stock is currently owned by hedge funds and other institutional investors.

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GoPro Company Profile

GoPro, Inc develops and sells cameras, and mountable and wearable accessories in the United States and internationally. The company offers HERO5 and HERO6, which are cloud-connected line of cameras; Fusion, a waterproof spherical camera; GoPro Plus, a cloud-based storage solution that enables subscribers to access, edit, and share content; Quik, a mobile editing app, as well as desktop app for editing options for power users; GoPro App, a mobile app that allows users to preview and play back photos and videos, control GoPro cameras, and share content; and Karma Grip, a handheld or body-mountable camera stabilizer that capture zero-shake smooth video.

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