At the time of writing, GoPro Inc [GPRO] stock is trading at $1.25, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GPRO shares have gain 5.04% over the last week, with a monthly amount drifted -6.72%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of GoPro Inc fluctuated between $1.12 and $3.80. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. GoPro Inc [NASDAQ: GPRO] shares were valued at $1.25 at the most recent close of the market. An investor can expect a potential return of 300.0% based on the average GPRO price forecast.
Analyzing the GPRO fundamentals
According to GoPro Inc [NASDAQ:GPRO], the company’s sales were 896.01M for trailing twelve months, which represents an -12.03% plunge. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.6, Equity is -1.38 and Total Capital is -0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
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 1.2267 points at the first support level, and at 1.2033 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2667, and for the 2nd resistance point, it is at 1.2833.
Ratios To Look Out For
It is important to note that GoPro Inc [NASDAQ:GPRO] has a current ratio of 1.32. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 1.05.
Transactions by insiders
Recent insider trading involved Lurie Alexander J, Director, that happened on Nov 14 ’24 when 0.22 million shares were sold. Director, Lurie Alexander J completed a deal on Nov 13 ’24 to sell 61268.0 shares. Meanwhile, Director Alexander J. Lurie bought 0.28 million shares on Nov 13 ’24.
