GoPro Inc. [GPRO] stock prices are down -2.11% to $1.39 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GPRO shares have gain 2.96% over the last week, with a monthly amount drifted -8.55%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
GoPro Inc. [NASDAQ: GPRO] stock has seen the most recent analyst activity on February 08, 2024, when Wedbush downgraded its rating to a Neutral but kept the price target unchanged to $2 for it. Previously, Morgan Stanley downgraded its rating to Underweight on December 12, 2023, and dropped its price target to $3. On November 04, 2022, downgrade downgraded it’s rating to Perform. JP Morgan downgraded its rating to a Neutral and decreased its price target to $6 on November 04, 2022. Jefferies initiated its recommendation with a Buy and recommended $12 as its price target on February 28, 2022. Wedbush upgraded its rating to Outperform for this stock on December 13, 2021, and upped its price target to $13.50. In a note dated November 18, 2021, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $13 to $15.
The stock price of GoPro Inc. [GPRO] has been fluctuating between $1.28 and $4.45 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. GoPro Inc. [NASDAQ: GPRO] shares were valued at $1.39 at the most recent close of the market. An investor can expect a potential return of 259.71% based on the average GPRO price forecast.
Analyzing the GPRO fundamentals
The GoPro Inc. [NASDAQ:GPRO] reported sales of 986.21M for trailing twelve months, representing a drop of -11.02%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.63, Equity is -0.76 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3567 points at the first support level, and at 1.3233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4167, and for the 2nd resistance point, it is at 1.4433.
Ratios To Look Out For
It’s worth pointing out that GoPro Inc. [NASDAQ:GPRO]’s Current Ratio is 1.68. Also, the Quick Ratio is 1.08, while the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.94.
Transactions by insiders
Recent insider trading involved Jahnke Dean, SVP, Global Sales, CM, RE, that happened on May 31 ’24 when 1794.0 shares were sold. EVP, CFO and COO, MCGEE BRIAN completed a deal on Feb 16 ’24 to sell 0.12 million shares. Meanwhile, SVP, Global Sales, CM, RE Jahnke Dean sold 27849.0 shares on Feb 16 ’24.
