GoPro, Inc. (GPRO) is scheduled to report 2016 first-quarter results after the market close today. The Street has consensus estimates of ($0.59) in earnings per share and $169.14 million in revenue. In the Q1 of the previous year, the video camera maker posted $0.24 in EPS and $363.1 million in revenue. Meanwhile, EarningsWhisper.com reports a whisper number of ($0.66) per share.
As a quick reminder, GoPro reported fourth-quarter 2015 EPS loss of ($0.08), compared with Street’s consensus estimate of $0.01 gain. Revenues declined 31.12% on a year-over-year basis to $436.6 million versus the $496.1 million consensus.
Valuation Measures
GoPro shares are currently priced at 44.64x this year’s forecasted earnings, which makes them expensive compared to the industry’s 13.74x earnings multiple. The company’s current year and next year EPS growth estimates stand at (201.30%) and 98.70%, compared to the industry growth rates of 49.40% and 40.10%, respectively. GPRO stock has a trailing-12 price/sales ratio of 0.96. EPS for the same period registers at 0.25.
GPRO has declined 2.15% in the last 4 weeks while advancing 6.44% in the past three months. Over the past 5 trading sessions the stock has lost 14.29%. The San Mateo, CA-based company, which is currently valued at $1.54B, has a median Street price target of $11.50 with a high target of $17.00. GPRO is down 76.12% year-over-year, and about 37% since the beginning of the year.
The stock is trading at $11.18 a share on Thursday, down about 2 percent.
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