Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  GoPro Inc    GPRO

GOPRO INC (GPRO)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

GoPro Inc.: Should Investors Worry About Competition?

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2018 | 12:56pm CEST

This past week, shares of high-tech camera maker GoPro Inc. (NASDAQ:GPRO) dropped more than 24% on a number of key pieces of news, all of which were taken by investors and analysts negatively.

On Monday, GoPro announced that it was revising its Q4 estimates downward, was cutting its workforce, and exiting the drone business, a segment which was seen as a key growth area for the company. With issues pertaining to market size and potential market saturation, highlighted in research reports from analysts covering GoPro on Tuesday, investors have taken the view that the long-term outlook for GoPro is perhaps not as bright as once thought.

As a growth company, investors are buying shares betting on long-term profitability growth, and with a forward price to earnings (P/E) multiple of more than 150 and negative earnings currently,

A number of analysts have now downgraded GoPro’s stock significantly, with target prices now coming in the $4-$6 range, lower than Thursday’s close.

With growth stocks all the rage these days, GoPro may just be one of the only stocks growth investors should steer clear of. I remain bearish on the sector overall, and this recent news from GoPro indicates to me that significant downside remains, despite the aforementioned weekly drop.

Fundamentally, other far better growth options are available on the NASDAQ – I would stick with companies such as Apple Inc. (NASDAQ:AAPL) or Alphabet Inc. (NASDAQ:GOOG) which stand out as mature value plays in contrast to the younger, higher risk companies such as GoPro.

Invest wisely, my friends.

Copyright © 2018 Baystreet.ca Media Corp. All rights reserved., source Standard Equities Feed

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOPRO INC
04/18GOPRO : Got an Old Camera? Trade It Up! Got an Old Camera? Trade It Up!
PU
04/18GOPRO : Launches Camera Trade-Up Program for HERO6 Black and Fusion Cameras
PR
04/18GOPRO : Wins Shorty Award for Instagram Presence GoPro Wins Shorty Award for Ins..
PU
04/17GOPRO : West Hartford Libraries Holding Video Contest
AQ
04/17GOPRO : Myydäänkö GoPro pian Xiaomille?
AQ
04/17GOPRO : Kommer GoPro säljas till Xiaomi?
AQ
04/17GOPRO : King County sheriff's detective who pulled gun on motorcyclist is suspen..
AQ
04/17GOPRO : Fusion OverCapture Now Available for Android Fusion OverCapture Now Avai..
PU
04/16GOPRO : Could GoPro be about to be sold to Xiaomi?
AQ
04/15GOPRO : Launches entry-level hero camera for aed849
AQ
More news
News from SeekingAlpha
04/17Midday Gainers / Losers (04/17/2018) 
04/17CONSUMER - TOP GAINERS / LOSERS AS O : 00 pm (04/17/2018) 
04/15PODCAST : Facebook Hearings, PC Shipments, GoPro 
04/13XIAOMI : 'Camera, Action' 
04/12GoPro spikes off Xiaomi interest 
Financials ($)
Sales 2018 1 083 M
EBIT 2018 -49,7 M
Net income 2018 -128 M
Finance 2018 60,4 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 0,63x
EV / Sales 2019 0,64x
Capitalization 741 M
Chart GOPRO INC
Duration : Period :
GoPro Inc Technical Analysis Chart | GPRO | US38268T1034 | 4-Traders
Technical analysis trends GOPRO INC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 5,71 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Nicholas Woodman Chairman & Chief Executive Officer
Brian McGee Chief Financial Officer
Edward Arthur Gilhuly Independent Director
Michael E. Marks Independent Director
Kenneth A. Goldman Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GOPRO INC-33.03%741
LARGAN PRECISION CO., LTD.--.--%15 571
Q TECHNOLOGY (GROUP) CO LTD-10.88%1 425
VITEC GROUP PLC3.98%739
COWELL E HOLDINGS INC-29.92%196
OPTRONTEC INC--.--%137