Glu Mobile Inc. (NASDAQ:GLUU) stock is currently pricing at roughly $2.31. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 7 analysts covering the company at $2.50. That suggests shares of the stock may have another 8 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $3.25, which would imply another 59 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 2 “Buy” ratings in place. At the same time, 1 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 4 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at ROTH Capital took a look at GLUU shares in a research note released on Feb 06, 2017, and issued a Buy rating to this company. Mizuho analysts provided their own take on company recently as well. In a research note published on Dec 23, 2016,the house assigned a Neutral rating to this stock. According to a piece that hit the wires on Aug 03, 2016, researchers at Northland Capital reconsidered their prior rating on the stock, and lowered it from Outperform Perform to Market Perform.
Glu Mobile Inc. (GLUU) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 3.98 percent of the stock.
If we take a more granular look, Mr. Niccolo de Masi is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 675,936 shares, representing a total current market value of roughly $1561412.16. Kristian Segerstrale is another major player among company insiders, currently holding 396,036 shares as of 0.29%, carrying a current market value of $914843.16. Lorne Kenneth Abony is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 299,050 shares, valued at around $690805.5 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2016-11-17, the company’s Executive Chairman de Masi Niccolo Purchased 20,000 company shares for 41400. That means, once accounting for this transaction, the Executive Chairman is left with a stake of 675,936 shares, carrying a current total market value of $1561412. In addition, by means of a transaction dated 2016-11-17, President & CEO Earl Nicholas purchased 100,000 shares worth $209000. After that transaction, this investor is left with a total holding of 184,638 shares, representing a total investment value of $426513.78. We also noted a 2016-08-29 transaction in which GLUU EVP, COO and CFO Ludwig Eric R sold 26,119 shares at a stock price of $2.32, carrying a total value of $60600, after which, this insider’s investment stands at 193,093 shares, with an overall financial value of $446045.
Glu Mobile Inc. (NASDAQ:GLUU) Earnings View
In the company’s last quarter, GLUU EPS moved to $ from $ compared sequentially with the prior quarter. Revenues for the company came in at $M. This stacks up against $M, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $ per share on $M in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $-0.07 to $-0.03. On a year-over-year basis, that compares with an EPS comp of $.