Why Investors are Interested in GoPro Inc (GPRO)

GoPro Inc (NASDAQ:GPRO) is back into the limelight after posting strong second quarter results and an upbeat guidance, which shows that the company could soon swing to profits. GoPro will launch a new camera, HERO6, in the third quarter, and expects to see huge sales in the holiday season. Financial services firm Raymond James recently upgraded its rating for the GoPro stock to “Outperform” and said that the stock will be stable in the coming quarters.

GoPro also saw a revenue increase due to Amazon.com Prime day in July. The effects of this sales day will be shown in the third quarter results.

Over the current book year the total revenue will be 1,33 billion USD (consensus estimates). This is rather significant more than 2016's revenue of 1,19 billion USD.

Historical revenues and results Gopro plus estimates 2017

fundamental research

The analysts expect for 2017 a net loss of 10 million USD. According to most of the analysts the company will have a loss per share for this book year of 5 cent. With this the price/earnings-ratio is -197,6.

Analysts don't expect the company to pay a dividend.The average dividend yield of the electronics companies equals a relatively high 1,81 percent.

Gopro's market capitalization is based on the number of outstanding shares around 993,89 million USD.

On Tuesday the stock closed at 9,88 USD.

Historical stock prices Gopro

fundamental research gopro

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