Featured Stock to Focus: Glu Mobile, Inc. (NASDAQ:GLUU)

Glu Mobile, Inc. (NASDAQ:GLUU) belonging to the Consumer Discretionary sector which declined -1.34% and closed its last trading session at $2.21.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $2.83.

The consensus recommendation, according to Zacks Investment research, is 1.57. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.57 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.5 and 1.5 respectively.

Glu Mobile, Inc. on 6/30/2016 reported its EPS as $-0.03 with the analysts projecting the EPS of the stock as $-0.05. The company beat the analyst EPS Estimate with the difference of $0.02. This shows a surprise factor of 40%.

Many analysts have provided their estimated foresights on Glu Mobile, Inc. Earnings, with 7 analysts believing the company would generate an Average Estimate of $-0.03. Whereas they predicted High and Low Earnings Estimate as $-0.02 and $-0.04 respectively. While in the same Quarter Previous year, the Actual EPS was $0.06.

Analysts are also projecting an Average Revenue Estimate for Glu Mobile, Inc. as $50.93 Million in the Current Quarter. This estimate is provided by 7 analysts. The High Revenue estimate is predicted as 52 Million, while the Low Revenue Estimate prediction stands at 50 Million. The company’s last year sales total was 64.42 Million.

For the Current Quarter, the growth estimate for Glu Mobile, Inc. is -150%, while for the Next Quarter the stock growth estimate is -400%. In the past 5 years, the stock showed growth of 0% per annum. While for the next 5 years, the growth estimate is 15%.

The Company got Downgrade by Northland Capital on 3-Aug-16 from Outperform to Market Perform.

Insider Trades for Glu Mobile, Inc. show that the latest trade was made on 28 Aug 2016 where Ludwig (Eric R), the Chief Operating Officer completed a transaction type “Sell” in which 26119 shares were traded at a price of $2.32.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 8500000 shares were traded. 6 Insider Sales transactions were made totaling 2162690 shares traded.

7 analysts projected Price Targets for Glu Mobile, Inc. The analysts believe that the company stock price could grow as high as $4. The Low Price target projection by analysts is $2 and the Mean Price Target is $2.83.

Glu Mobile, Inc. (NASDAQ:GLUU) has the market capitalization of $286.02 Million. The company rocked its 52-Week High of $4.45 on Oct 29, 2015 and touched its 52-Week Low of $1.98 on Feb 3, 2016. The stock has Return on Assets (ROA) of -7.4 percent. Return on Equity (ROE) stands at -9.8% and Return on Investment (ROI) of -2.1 percent.

The stock is currently showing YTD performance of -9.05 Percent. The company has Beta Value of 2.41 and ATR value of 0.07. The Weekly and Monthly Volatility stands at 3.40% and 3.30%.

Company profile:

GLU MOBILE INC., is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah’s, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China, Brazil, Chile, Canada and San Clemente, Calif.