GoPro's Hero4 Receives Much Appreciation From Analysts

The action camera makers have launched the new Hero 4 Session which is attracting quite a lot of positive attention of the analysts.

GoPro stock has recently launched its new action camera the Hero4 Session which has attracted quite a lot of attention of the customers in the industry. The new action camera is making the interested customers quite amused, as it weighs as light as 2.6 ounces only. This particular fact has made the new camera the smallest camera that it has ever produced. The firm’s new product has only been receiving great reviews as it has been reported that the product is one of the most easy to use gadgets the firm has so far produced. Furthermore, it has been noted that the small camera makes things easy for the user as it creates quite a useful connection with a smartphone.

GoPro cameras have taken the industry by storm since the time of inception without any doubts. The firm has been producing high-class technology action cameras that have proved their worth by being the best in the industry. Analysts are now seen discussing how the camera making giant has finally managed to make a tiny little camera but that too, which is capable of making high-class videos.

The high definition videos can be made just by tapping the button on the camera which will easily help the user to capture the moments around him. However, if the button is kept pressed by him, the video will then be shot at a time lapse mode. Another button which is present on the camera is the one from which the user will be allowed to turn the camera on as well as turn the Wi-Fi and Bluetooth on and off. It has been observed by the analysts that the camera that GoPro business has long been working on and has finally launched are definitely worth the money since such a high-end product which is so user friendly is hard to find elsewhere.

Furthermore, there are two different filters and frames available on the camera with the help of which the users will be able to make videos in what they like and make it look the way they want. Since the new camera has been noted down to be around 35 percent lighter than all the other cameras that have so far been produced by the firm, it is being said that now customers and users will be easily able to attach their cameras to their bike helmets or arm bands without any hassle. The camera was launched on July 12 and has already managed to gather quite a lot of positive comments.

Bidness ETC - GoPro Products Doing Well On Amazon

GoPro five cameras are a part of the 100 top selling electronics on Amazon since October.

GoPro Inc. the action camera maker is enjoying its strong position in the market. The company is not only coming up with innovative products that are attracting buyers, but their stocks are also doing relatively making them a worthy catch for investors.

According to GoPro stock news, the company’s stocks surged by 6.5 percent in the market. Piper Jaffray, the popular analytics firm recently came up with their proprietary index through which they can keep track of the strength of GoPro’s retail market. According to the consensus made by them, it was deduced that among the 100 item in electronics on Amazon E-commerce store, five of the products are GoPro cameras since October FY14

Erinn Murphy an analyst at Piper Jaffray who is keeping a close watch on the company believes that GoPro has succeeded in maintaining a strong sales trajectory from the time it has launched its Hero range back then in the first half of 2014. According to Mx. Murphy, the company has played an integral role in expanding the market for action camera. This can be observed through their financial results that depict a strong hold on the mark.

Ms. Murphy has calculated that the company’s current offering compounds to a 6.1 percent share in the top 100 electronics at Amazon when comparing this to their historic average of 4.6 percent, GPRO has certainly come a long way.

Considering this progress by the company, Piper Jaffray has deemed an earnings estimate for the current quarter as well as the complete fiscal year of 2015 of the firm to be conservative. Also, they have given the company an “Overweight” rating on their stocks. The company is likely to enter the consumer drone industry therefore considering this analyst at Piper Jaffray is weighing the stocks as bullish.

According to the firm, GoPro recently expressed its plans to come up with a quad copter pawns the notion that there is a relatively small market for them in the TAM markets. According to the company, almost the entire TAM Market sales are within the 80-90 million.

Almost all the analytics firms that keep a track of GoPro stocks consider it to be on the Bullish side. According to a recent poll conducted by an analyst on Bloomberg, around 10 of 17 analysts gave the stocks a “Buy” rating whereas six have given these stocks a “Hold” rating. Thus, only one analyst considers that GoPro stocks should be sold. Moreover, the 12-month price target on an average for the shares of GoPro is $68.27.

Bidness ETC - GoPro Hero 4 Price Likely To Drop

GoPro needs to drop the price of Hero 4 Silver to attract buyers.

GoPro Inc. despite being known for in the consumer industry as an action camera manufacturer seems to be stumbling with finances recently. The company has recently reported a loss that exceeds almost a quarter of their net worth in the start of the fiscal year of 2015. One of the reasons behind this shortcoming is that they are expected to launch the GoPro Hero 5. Irrespective of that, there has not been much movement by them in the market.

As reported by some of the experts, GoPro needs to take some big steps that will allow them to sustain in the industry. One of the things that can contribute positively to their portfolio is by slacking the price of Hero 4 Silver. GoPro sales have halted, so this might just be a fairly smart move for them. The company products have succeeded in gaining traction where the Hero brand has done relatively well. So if they cut down on the prices, then they are likely to gain more consumers.

So now if they actually do this, then in the long term they might just benefit. For instance, those who have previously not used a GoPro device then by buying a slightly reduced price Hero 4; they can actually realize the potential of this range and might just develop interest in buying Hero 5. Moreover, the device is relatively old, so reducing the price won’t harm them but will get the interest of those who don’t wish to spend so much.

Moreover, Sales of Hero 4 have been declining on a steady pace merely because those who wished to get hands on the device have already bought it. Only those who are skeptical about the price are left to be attracted.

The company need not reduce the price of all Hero 4, but the Silver version is fairly reasonable than Black with limited features. Thus, this might be the right choice in terms of cutting down the prices. This would also allow them to scrutinize if it actually helped them in terms of money or not.

In case they realize that this actually turned out to be good for them, then they can obviously reduce the prices of Hero 4 other models to embrace the change. At this point, they won’t lose anything by experimenting and this might again start to stream in revenues for them.

Hence, GoPro now needs to make its mind whether it wants to have a stumbling quarter again or have some progress to boast of until Hero 5 is launched.

Bidness ETC - GoPro Plans To Reach New Heights In 2QFY15

The action camera makers are expecting to report higher revenue growth as compared to the sales it made in the previous quarter.

GoPro camera business has been working towards making its sales boost right upwards since quite a long time and analysts believe that the action camera makers have been doing a magnificent job that has been showing in the increase in sales that the company recently witnessed in the first quarter of the current financial year. It has been proved by the camera producing company that all the strategies that have been adopted have turned out to be extremely profitable for it.

This statement can be verified by the number of sales the company was seen doing in the first financial quarter of 2015 where it beat the estimations and predictions of the equity analysts by a mile. The estimations made by the analysts of Wall Street were also proved to be wrong and analysts believe that that the speed the camera makers have seemed to be working upon, it will soon become of the biggest camera producers in the country.

The recent earnings for the first quarter that were announced by GoPro turned out quite positively with the earnings per share coming around at $0.52 beating predictions of $0.24 of the WSJ. On the other hand, the action camera manufacturers sold around 1.3 million action cameras in totality which helped the revenue of the firm increase as much as to $363 million. If the first quarter of 2014 is taken into consideration, it will be seen that an increase of a massive 54% has been recorded in the rise of the revenue per quarter.

Furthermore, the gross margin of GoPro (GPRO) sales also witnessed an increment from the first quarter of the previous year to around 45.1% which was recorded to be coming around at 40.9% in the past.

GoPro has given a guidance report for the second financial quarter of the current fiscal year where the revenue is expected to come around better $300-$400 million, which will see an upgrade by 59% as compared to the year before.

As for the EPS for 2Q, the expected amount per share has been expected to come in between $0.24-$0.26. The estimates and guidance that has been given by the company are much more than what analysts have been expecting from the firm which indicates that arise is bound to take place in the sales of the firm and it also shows that it believes that by the end of the second quarter, GoPro stock will be boosting its revenue growth and earnings with a huge difference as compared to the growth it witnessed in the previous quarter.