Equities research analysts expect GoPro Inc (NASDAQ:GPRO) to post earnings per share of ($0.09) for the current quarter, according to Zacks. Three analysts have made estimates for GoPro’s earnings, with the lowest EPS estimate coming in at ($0.13) and the highest estimate coming in at ($0.06). GoPro reported earnings per share of ($0.34) in the same quarter last year, which indicates a positive year over year growth rate of 73.5%. The company is expected to issue its next quarterly earnings results after the market closes on Thursday, May 9th.

On average, analysts expect that GoPro will report full year earnings of $0.27 per share for the current fiscal year, with EPS estimates ranging from $0.19 to $0.34. For the next financial year, analysts anticipate that the business will report earnings of $0.32 per share, with EPS estimates ranging from $0.12 to $0.45. Zacks’ EPS averages are an average based on a survey of research analysts that cover GoPro.

GoPro (NASDAQ:GPRO) last released its quarterly earnings data on Wednesday, February 6th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.19 by $0.06. The business had revenue of $377.38 million for the quarter, compared to analyst estimates of $374.28 million. GoPro had a negative net margin of 9.49% and a negative return on equity of 34.77%. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.30) EPS.

A number of research firms have issued reports on GPRO. BidaskClub lowered shares of GoPro from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Zacks Investment Research upgraded shares of GoPro from a “hold” rating to a “buy” rating and set a $5.75 target price on the stock in a report on Friday, February 8th. Longbow Research restated a “hold” rating on shares of GoPro in a report on Tuesday, April 9th. ValuEngine upgraded shares of GoPro from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, Wedbush reiterated a “neutral” rating and set a $6.00 price objective on shares of GoPro in a report on Thursday, January 31st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. GoPro presently has an average rating of “Hold” and an average target price of $6.72.

NASDAQ:GPRO opened at $6.36 on Friday. The stock has a market capitalization of $943.56 million, a price-to-earnings ratio of -13.82, a PEG ratio of 9.82 and a beta of 0.74. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.19 and a current ratio of 1.58. GoPro has a 12-month low of $4.00 and a 12-month high of $7.60.

In other news, CEO Nicholas Woodman sold 1,400,000 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $5.94, for a total transaction of $8,316,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Brian Mcgee sold 19,526 shares of the stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $6.04, for a total transaction of $117,937.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,819,526 shares of company stock worth $17,561,937. Insiders own 26.61% of the company’s stock.

Several hedge funds have recently made changes to their positions in GPRO. Canada Pension Plan Investment Board lifted its holdings in shares of GoPro by 1,407.9% during the 4th quarter. Canada Pension Plan Investment Board now owns 2,894,661 shares of the company’s stock worth $12,272,000 after acquiring an additional 2,702,700 shares during the period. Marshall Wace LLP acquired a new stake in GoPro during the 3rd quarter worth approximately $16,679,000. UBS Oconnor LLC increased its position in GoPro by 1,186.5% during the 4th quarter. UBS Oconnor LLC now owns 995,872 shares of the company’s stock worth $4,222,000 after purchasing an additional 918,460 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in GoPro during the 3rd quarter worth approximately $3,798,000. Finally, Morgan Stanley increased its position in GoPro by 48.5% during the 3rd quarter. Morgan Stanley now owns 1,404,411 shares of the company’s stock worth $10,112,000 after purchasing an additional 458,907 shares in the last quarter. Institutional investors and hedge funds own 41.05% of the company’s stock.

About GoPro

GoPro, Inc develops and sells cameras, drones, and mountable and wearable accessories in the United States and internationally. The company offers HERO7, a cloud-connected line of camera; 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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