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Why Fast-paced Mover GoPro (GPRO) Is a Great Choice for Value Investors
ZACKS· 2025-07-03 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum if their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: GoPro (GPRO) Analysis - GoPro (GPRO) has shown a price increase of 7.9% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, GPRO's stock has gained 51.1%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - GPRO has a beta of 1.38, suggesting it moves 38% more than the market, indicating fast-paced momentum [5] - GPRO holds a Momentum Score of A, suggesting it is an opportune time to invest in the stock [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - GPRO is trading at a Price-to-Sales ratio of 0.15, indicating it is undervalued at 15 cents for each dollar of sales, providing room for growth [7] Group 3: Additional Investment Opportunities - Besides GPRO, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Fast-paced Momentum Stock GoPro (GPRO) Is Still Trading at a Bargain
ZACKS· 2025-06-17 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point for fast-moving stocks, which can lead to investments with limited upside or potential downside [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] Group 2: GoPro (GPRO) Analysis - GoPro (GPRO) has demonstrated significant price momentum with a four-week price change of 44.8%, indicating strong investor interest [4] - The stock has gained 4.7% over the past 12 weeks and has a beta of 1.35, suggesting it moves 35% more than the market in either direction [5] - GPRO holds a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - GPRO has seen upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is currently trading at a Price-to-Sales ratio of 0.18, suggesting it is undervalued as investors pay only 18 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides GPRO, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Unlocking GoPro (GPRO) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2025-05-19 14:16
Core Insights - GoPro's international operations are critical for understanding its financial resilience and growth potential, especially in a global economy [2][3] - The company's total revenue for the quarter ending March 2025 was $134.31 million, a decrease of 13.6% year-over-year [4] International Revenue Analysis - Revenue from Europe, Middle East, and Africa was $40.08 million, accounting for 29.84% of total revenue, slightly below analyst expectations [5] - Asia and Pacific contributed $12.38 million, representing 9.22% of total revenue, significantly missing the consensus estimate by 49.81% [6] Revenue Forecasts - Analysts project GoPro's revenue for the ongoing fiscal quarter to be $146.15 million, a decline of 21.5% year-over-year, with expected contributions from Europe, Middle East, and Africa at $52.08 million and Asia and Pacific at $33.18 million [7] - For the full year, total revenue is projected at $721.94 million, down 9.9% from the previous year, with regional contributions expected to be $231.68 million from Europe, Middle East, and Africa and $149.5 million from Asia and Pacific [8] Conclusion - The reliance on global markets presents both opportunities and challenges for GoPro, making the analysis of international revenue trends essential for forecasting future performance [9][10]