Gopro Inc Stock Buy Hold or Sell Recommendation
| GPRO Stock | USD 1.75 0.01 0.57% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding GoPro Inc is 'Strong Hold'. Macroaxis provides GoPro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GoPro positions. The advice algorithm takes into account all of GoPro's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting GoPro's buy or sell advice are summarized below:
Real Value 2.69 | Target Price 5.15 | Hype Value 1.68 | Market Value 1.75 | Naive Value 1.73 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell GoPro Inc given historical horizon and risk tolerance towards GoPro. When Macroaxis issues a 'buy' or 'sell' recommendation for GoPro Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
GoPro |
Execute GoPro Buy or Sell Advice
The GoPro recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on GoPro Inc. Macroaxis does not own or have any residual interests in GoPro Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute GoPro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
GoPro Trading Alerts and Improvement Suggestions
| GoPro Inc generated a negative expected return over the last 90 days | |
| GoPro Inc may become a speculative penny stock | |
| GoPro Inc has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.01 B. Net Loss for the year was (53.18 M) with profit before overhead, payroll, taxes, and interest of 414.96 M. | |
| GoPro Inc currently holds about 348.78 M in cash with (32.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 66.0% of the company shares are owned by institutional investors | |
| Latest headline from kalkinemedia.com: What happened to the plunging GoPro stock price |
GoPro Returns Distribution Density
The distribution of GoPro's historical returns is an attempt to chart the uncertainty of GoPro's future price movements. The chart of the probability distribution of GoPro daily returns describes the distribution of returns around its average expected value. We use GoPro Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of GoPro returns is essential to provide solid investment advice for GoPro.
| Mean Return | -0.86 | Value At Risk | -4.82 | Potential Upside | 3.83 | Standard Deviation | 3.07 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of GoPro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
GoPro Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as GoPro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading GoPro Inc backward and forwards among themselves. GoPro's institutional investor refers to the entity that pools money to purchase GoPro's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | Millennium Management Llc | 2023-12-31 | 1.5 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Assenagon Asset Management Sa | 2023-12-31 | 1.2 M | Walleye Trading Advisors, Llc | 2023-12-31 | 1.2 M | Barclays Plc | 2023-12-31 | 1.2 M | Two Sigma Advisers, Llc | 2023-12-31 | 1.1 M | Renaissance Technologies Corp | 2023-12-31 | 1.1 M | Bridgeway Capital Management, Llc | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 12.3 M | Vanguard Group Inc | 2023-12-31 | 12.3 M |
GoPro Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (27.8M) | 46.3M | 11.5M | (40.7M) | 20.9M | 21.9M | |
| Change In Cash | (1.8M) | 177.4M | 73.4M | (177.4M) | (1.0M) | (975.7K) | |
| Free Cash Flow | (32.8M) | 88.9M | 223.6M | 2.3M | (34.4M) | (32.7M) | |
| Depreciation | 33.3M | 19.1M | 11.0M | 8.6M | 6.2M | 5.9M | |
| Other Non Cash Items | 7.6M | 41.1M | 20.6M | 6.8M | (2.6M) | (2.5M) | |
| Capital Expenditures | 8.3M | 4.9M | 5.5M | 3.4M | 1.5M | 1.4M | |
| Net Income | (14.6M) | (66.8M) | 371.2M | 28.8M | (53.2M) | (50.5M) | |
| End Period Cash Flow | 150.3M | 327.7M | 401.1M | 223.7M | 222.7M | 223.3M | |
| Investments | 31.1M | 14.8M | (138.2M) | (8.4M) | 96.3M | 101.2M | |
| Change Receivables | 71.3M | 93.1M | (8.1M) | 37.8M | 43.5M | 22.9M | |
| Change To Netincome | 37.2M | 30.8M | (214.3M) | 43.0M | 38.7M | 40.6M |
GoPro Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to GoPro or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that GoPro's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a GoPro stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -1.01 | |
β | Beta against NYSE Composite | 2.30 | |
σ | Overall volatility | 3.07 | |
Ir | Information ratio | -0.3 |
GoPro Volatility Alert
GoPro Inc exhibits very low volatility with skewness of -0.09 and kurtosis of 1.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GoPro's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact GoPro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.GoPro Fundamentals Vs Peers
Comparing GoPro's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze GoPro's direct or indirect competition across all of the common fundamentals between GoPro and the related equities. This way, we can detect undervalued stocks with similar characteristics as GoPro or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of GoPro's fundamental indicators could also be used in its relative valuation, which is a method of valuing GoPro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare GoPro to competition |
| Fundamentals | GoPro | Peer Average |
| Return On Equity | -0.0911 | -0.31 |
| Return On Asset | -0.0452 | -0.14 |
| Profit Margin | (0.05) % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 145.91 M | 16.62 B |
| Shares Outstanding | 123.64 M | 571.82 M |
| Shares Owned By Insiders | 2.08 % | 10.09 % |
| Shares Owned By Institutions | 66.35 % | 39.21 % |
| Number Of Shares Shorted | 6.62 M | 4.71 M |
| Price To Earning | 12.16 X | 28.72 X |
| Price To Book | 0.49 X | 9.51 X |
| Price To Sales | 0.27 X | 11.42 X |
| Revenue | 1.01 B | 9.43 B |
| Gross Profit | 414.96 M | 27.38 B |
| EBITDA | (75.46 M) | 3.9 B |
| Net Income | (53.18 M) | 570.98 M |
| Cash And Equivalents | 348.78 M | 2.7 B |
| Cash Per Share | 2.24 X | 5.01 X |
| Total Debt | 128.66 M | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 2.11 X | 2.16 X |
| Book Value Per Share | 3.71 X | 1.93 K |
| Cash Flow From Operations | (32.86 M) | 971.22 M |
| Short Ratio | 3.38 X | 4.00 X |
| Earnings Per Share | (0.35) X | 3.12 X |
| Price To Earnings To Growth | 1.01 X | 4.89 X |
| Target Price | 2.2 | |
| Number Of Employees | 930 | 18.84 K |
| Beta | 1.45 | -0.15 |
| Market Capitalization | 265 M | 19.03 B |
| Total Asset | 967.95 M | 29.47 B |
| Retained Earnings | (249.3 M) | 9.33 B |
| Working Capital | 203.5 M | 1.48 B |
Note: Payment of 55703 shares by Nicholas Woodman of GoPro subject to Rule 16b-3 [view details]
GoPro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as GoPro . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About GoPro Buy or Sell Advice
When is the right time to buy or sell GoPro Inc? Buying financial instruments such as GoPro Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 286.5M | 184.0M | 128.7M | 197.0M | Total Assets | 1.3B | 1.1B | 968.0M | 921.0M |
Use Investing Ideas to Build Portfolios
In addition to having GoPro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Materials ETFs Thematic Idea Now
Materials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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Check out GoPro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for GoPro Stock analysis
When running GoPro's price analysis, check to measure GoPro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GoPro is operating at the current time. Most of GoPro's value examination focuses on studying past and present price action to predict the probability of GoPro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoPro's price. Additionally, you may evaluate how the addition of GoPro to your portfolios can decrease your overall portfolio volatility.
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Is GoPro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoPro. If investors know GoPro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoPro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share (0.35) | Revenue Per Share 6.557 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) |
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoPro's market value can be influenced by many factors that don't directly affect GoPro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.