Glu Mobile Inc. (NASDAQ:GLUU) most recently reported quarterly actual earnings per share of $-0.06 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $-0.08. The difference between the estimate and the actual EPS was $0.02 creating a surprise factor of 25%. Currently, the company has an impact score of 90. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.046. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $3.097 on the shares. The most bullish brokerage firm has a $4 target, while the most bearish sees the stock headed towards $2. This is according to the 7 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.57. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 7 recommendations taking into account in order to arrive at this number. Of the 7, 5 have a Strong Buy rating and 0 are rating it a Buy.
Glu Mobile Inc. (Glu) designs, markets and sells mobile games. The Company has developed and published a portfolio of action/adventure and casual games designed to appeal to a cross section of the users of smartphones and tablet devices who purchase its games through direct-to-consumer digital storefronts, as well as users of feature phones served by wireless carriers and other distributors. It creates games based on its own original brands, as well as third-party licensed brands. Its original games include Big Time Gangsta, Blood & Glory, Bug Village, Contract Killer, Contract Killer: Zombies, Eternity Warriors, Frontline Commando, Gun Bros, Men vs. Machines, Stardom: The A-List, Super K.O. Boxing and Toyshop Adventures. On August 2, 2011, the Company completed the acquisition of Griptonite, Inc. On August 1, 2011, it completed the acquisition of Blammo Games Inc. In August 2012, it acquired GameSpy Technology from IGN Entertainment.
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