GoPro Inc (GPRO) Upgraded to “Strong-Buy” at Vetr Inc.
Posted by Reagan on Mar 14th, 2016 // No Comments
GoPro logoGoPro Inc (NASDAQ:GPRO) was upgraded by equities researchers at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. The brokerage presently has a $13.77 target price on the stock. Vetr‘s target price would suggest a potential upside of 12.22% from the stock’s current price.
Several other research analysts have also weighed in on GPRO. Barclays lowered GoPro from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $25.00 to $12.00 in a research report on Saturday, January 9th. Morgan Stanley reissued an “underweight” rating and set a $12.00 price target on shares of GoPro in a research report on Saturday, January 9th. Goldman Sachs reissued a “hold” rating on shares of GoPro in a research report on Saturday, January 16th. JPMorgan Chase & Co. reissued a “buy” rating on shares of GoPro in a research report on Saturday, January 16th. Finally, Robert W. Baird reissued a “hold” rating on shares of GoPro in a research report on Saturday, January 16th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $15.05.
In other GoPro news, President Anthony John Bates sold 9,757 shares of the company’s stock in a transaction that occurred on Friday, March 4th. The stock was sold at an average price of $14.03, for a total value of $136,890.71. Following the completion of the transaction, the president now owns 359,672 shares of the company’s stock, valued at approximately $5,046,198.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Other institutional investors have recently bought and sold shares of the company. Creative Planning boosted its position in GoPro by 86.7% in the fourth quarter. Creative Planning now owns 310,644 shares of the company’s stock valued at $5,595,000 after buying an additional 144,231 shares during the period. Hamilton Lane Advisors LLC purchased a new position in GoPro during the fourth quarter valued at approximately $5,207,000. Capital One National Association boosted its position in shares of GoPro by 46.4% in the fourth quarter. Capital One National Association now owns 169,580 shares of the company’s stock worth $3,054,000 after buying an additional 53,730 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in shares of GoPro by 3.4% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 300,000 shares of the company’s stock worth $5,520,000 after buying an additional 10,000 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its position in shares of GoPro by 1.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 116,588 shares of the company’s stock worth $2,100,000 after buying an additional 2,070 shares during the last quarter.
Shares of GoPro (NASDAQ:GPRO) opened at 12.27 on Tuesday. The firm’s 50-day moving average is $11.67 and its 200 day moving average is $21.44. The firm has a market cap of $1.68 billion and a PE ratio of 49.08. GoPro has a 52 week low of $9.01 and a 52 week high of $65.49.
GoPro (NASDAQ:GPRO) last announced its earnings results on Wednesday, February 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by $0.11. The firm earned $436.60 million during the quarter, compared to the consensus estimate of $499.23 million. During the same quarter in the previous year, the business earned $0.99 earnings per share. The firm’s revenue for the quarter was down 31.1% compared to the same quarter last year. Equities research analysts forecast that GoPro will post ($0.75) EPS for the current year.
GoPro, Inc produces mountable and wearable cameras and accessories, which the Company refers to as capture devices. Additionally, the Company develops and provides desktop editing software and mobile applications for free to consumers. The Company offers HERO line of capture devices, which include HERO2, HERO3 camera, the HERO3+ camera and the HERO4 and HERO.
12 Month Chart for NASDAQ:GPRO
To view Vetr’s full report, visit Vetr’s official website.
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Posted by Reagan on Mar 14th, 2016 // No Comments
GoPro logoGoPro Inc (NASDAQ:GPRO) was upgraded by equities researchers at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. The brokerage presently has a $13.77 target price on the stock. Vetr‘s target price would suggest a potential upside of 12.22% from the stock’s current price.
Several other research analysts have also weighed in on GPRO. Barclays lowered GoPro from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $25.00 to $12.00 in a research report on Saturday, January 9th. Morgan Stanley reissued an “underweight” rating and set a $12.00 price target on shares of GoPro in a research report on Saturday, January 9th. Goldman Sachs reissued a “hold” rating on shares of GoPro in a research report on Saturday, January 16th. JPMorgan Chase & Co. reissued a “buy” rating on shares of GoPro in a research report on Saturday, January 16th. Finally, Robert W. Baird reissued a “hold” rating on shares of GoPro in a research report on Saturday, January 16th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $15.05.
In other GoPro news, President Anthony John Bates sold 9,757 shares of the company’s stock in a transaction that occurred on Friday, March 4th. The stock was sold at an average price of $14.03, for a total value of $136,890.71. Following the completion of the transaction, the president now owns 359,672 shares of the company’s stock, valued at approximately $5,046,198.16. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Other institutional investors have recently bought and sold shares of the company. Creative Planning boosted its position in GoPro by 86.7% in the fourth quarter. Creative Planning now owns 310,644 shares of the company’s stock valued at $5,595,000 after buying an additional 144,231 shares during the period. Hamilton Lane Advisors LLC purchased a new position in GoPro during the fourth quarter valued at approximately $5,207,000. Capital One National Association boosted its position in shares of GoPro by 46.4% in the fourth quarter. Capital One National Association now owns 169,580 shares of the company’s stock worth $3,054,000 after buying an additional 53,730 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in shares of GoPro by 3.4% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 300,000 shares of the company’s stock worth $5,520,000 after buying an additional 10,000 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its position in shares of GoPro by 1.8% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 116,588 shares of the company’s stock worth $2,100,000 after buying an additional 2,070 shares during the last quarter.
Shares of GoPro (NASDAQ:GPRO) opened at 12.27 on Tuesday. The firm’s 50-day moving average is $11.67 and its 200 day moving average is $21.44. The firm has a market cap of $1.68 billion and a PE ratio of 49.08. GoPro has a 52 week low of $9.01 and a 52 week high of $65.49.
GoPro (NASDAQ:GPRO) last announced its earnings results on Wednesday, February 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by $0.11. The firm earned $436.60 million during the quarter, compared to the consensus estimate of $499.23 million. During the same quarter in the previous year, the business earned $0.99 earnings per share. The firm’s revenue for the quarter was down 31.1% compared to the same quarter last year. Equities research analysts forecast that GoPro will post ($0.75) EPS for the current year.
GoPro, Inc produces mountable and wearable cameras and accessories, which the Company refers to as capture devices. Additionally, the Company develops and provides desktop editing software and mobile applications for free to consumers. The Company offers HERO line of capture devices, which include HERO2, HERO3 camera, the HERO3+ camera and the HERO4 and HERO.
12 Month Chart for NASDAQ:GPRO
To view Vetr’s full report, visit Vetr’s official website.
Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).
Receive News & Ratings for GoPro Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoPro Inc and related companies with Market
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
