July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 43.46 Analyst Consensus Price Target: 33.50 *QA Price Target Range: 36.24 - 49.58 * Typo error in text box on chart Total Alpha Rank: 98th percentile Value Alpha Rank: 59th percentile Growth Alpha Rank: 98th percentile Quality Alpha Rank: 59th percentile Sentiment Alpha Rank: 90th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 67.78 Analyst Consensus Price Target: 53.95 QA Price Target Range: 60.02 - 74.30 Total Alpha Rank: 98th percentile Value Alpha Rank: 94th percentile Growth Alpha Rank: 77th percentile Quality Alpha Rank: 56th percentile Sentiment Alpha Rank: 85th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 58.02 Analyst Consensus Price Target: 51.00 QA Price Target Range: 50.29 - 65.57 Total Alpha Rank: 98th percentile Value Alpha Rank: 68th percentile Growth Alpha Rank: 86th percentile Quality Alpha Rank: 88th percentile Sentiment Alpha Rank: 82nd percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 16.49 Analyst Consensus Price Target: 13.44 QA Price Target Range: 12.35 - 20.02 Total Alpha Rank: 98th percentile Value Alpha Rank: 79th percentile Growth Alpha Rank: 46th percentile Quality Alpha Rank: 74th percentile Sentiment Alpha Rank: 99th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 13.82 Analyst Consensus Price Target: 12.71 QA Price Target Range: 10.73 - 16.45 Total Alpha Rank: 98th percentile Value Alpha Rank: 91st percentile Growth Alpha Rank: 78th percentile Quality Alpha Rank: 74th percentile Sentiment Alpha Rank: 77th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 27.90 Analyst Consensus Price Target: 22.00 QA Price Target Range: 22.97 - 32.10 Total Alpha Rank: 99th percentile Value Alpha Rank: 96th percentile Growth Alpha Rank: 67th percentile Quality Alpha Rank: 70th percentile Sentiment Alpha Rank: 81st percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 57.71 Analyst Consensus Price Target: 56.45 QA Price Target Range: 42.65 - 70.50 Total Alpha Rank: 99th percentile Value Alpha Rank: 93rd percentile Growth Alpha Rank: 78th percentile Quality Alpha Rank: 61st percentile Sentiment Alpha Rank: 92nd percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 27.36 Analyst Consensus Price Target: 27.00 QA Price Target Range: 23.35 - 30.76 Total Alpha Rank: 99th percentile Value Alpha Rank: 68th percentile Growth Alpha Rank: 71st percentile Quality Alpha Rank: 96th percentile Sentiment Alpha Rank: 94th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 4.60 Analyst Consensus Price Target: 3.88 QA Price Target Range: 3.63 - 5.43 Total Alpha Rank: 99th percentile Value Alpha Rank: 95th percentile Growth Alpha Rank: 60th percentile Quality Alpha Rank: 70th percentile Sentiment Alpha Rank: 95th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 21.15 Analyst Consensus Price Target: 18.67 QA Price Target Range: 17.66 - 24.13 Total Alpha Rank: 99th percentile Value Alpha Rank: 85th percentile Growth Alpha Rank: 96th percentile Quality Alpha Rank: 75th percentile Sentiment Alpha Rank: 71st percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 46.17 Analyst Consensus Price Target: 37.80 QA Price Target Range: 39.80 - 51.59 Total Alpha Rank: 99th percentile Value Alpha Rank: 69th percentile Growth Alpha Rank: 92nd percentile Quality Alpha Rank: 88th percentile Sentiment Alpha Rank: 95th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 57.75 Analyst Consensus Price Target: 49.75 QA Price Target Range: 48.45 - 65.77 Total Alpha Rank: 99th percentile Value Alpha Rank: 98th percentile Growth Alpha Rank: 79th percentile Quality Alpha Rank: 61st percentile Sentiment Alpha Rank: 96th percentile
July 10th, 2015 - July 8th, 2016 QA Avg. 12-month Price Target: 24.38 Analyst Consensus Price Target: 24.00 QA Price Target Range: 20.71 - 27.50 Total Alpha Rank: 99th percentile Value Alpha Rank: 88th percentile Growth Alpha Rank: 99th percentile Quality Alpha Rank: 71st percentile Sentiment Alpha Rank: 96th percentile
Short-term Indicators: + Below all three (20-day, 50-day, and 200-day) moving averages. Academically proven short-term returns are going to weak moving forward. + Definitely oversold, but trend is just too weak to make up for that. Nevertheless, we don't think they will collapse at the same rate as before (-40% in 4 weeks). + Extremely high volatility amplifies...
+ Below all three (20-day, 50-day, and 200-day) moving averages. Academically proven short-term returns are going to weak moving forward. + Definitely oversold, but trend is just too weak to make up for that. Nevertheless, we don't think they will collapse at the same rate as before (-40% in 4 weeks). + Likely price scenario of $5.00 to $6.45, with price target...
Long-term indicators that indicate downside in GPRO: + Extremely expensive valuation from any way you look at it (sales, earnings, FCF, book) + Horrible business quality - high earnings accruals, high debt/dilution, low depreciation to CAPEX + Smart money is bearish (high short interest, company insider selling) Links to academic papers that our TA quant model...
See chart comments for discussion of technical indicators. Long-term indicators imply excellent long-term returns: + Strong 6-month & 12-month price momentum + 50% TTM earnings growth + Excellent business quality profile + Bullish sentiment from "smart money" (shorts, insiders, institutions)
+ Currently below all three moving averages (20-day, 50-day, & 200-day). Academically proven that future returns will be weak moving forward (papers.ssrn.com). + Barely oversold, as the stock has consolidated at lows. Fairly liquid, so wouldn't benefit from the return reversal effect anyway. + Extremely high volatility makes technical analysis very effective,...