Factors Likely to Have Influenced Earnings Results Opera Stock Forecast, Price & News (NASDAQ:OPRA)

Earnings results for Opera Stock Forecast, Price & News (NASDAQ:OPRA)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.08 and remained the same over the past month at -0.08. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.05 and remained the same over the past month at -0.05 . none raised and none lowered their forecast.

Opera last posted its earnings results on May 20th, 2020. The reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.02. The business earned $138.22 million during the quarter, compared to the consensus estimate of $135.04 million. Opera has generated $0.55 earnings per share over the last year and currently has a price-to-earnings ratio of 35.5. Opera has confirmed that its next quarterly earnings report will be published on Thursday, August 20th, 2020.

Analyst Opinion on Opera Stock Forecast, Price & News (NASDAQ:OPRA)

4 Wall Street analysts have issued ratings and price targets for Opera in the last 12 months. Their average twelve-month price target is $12.25, predicting that the stock has a possible upside of 19.05%. The high price target for OPRA is $15.00 and the low price target for OPRA is $10.00. There are currently 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Opera has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $12.25, Opera has a forecasted upside of 19.0% from its current price of $10.29. Opera has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Opera Stock Forecast, Price & News (NASDAQ:OPRA)

Opera does not currently pay a dividend. Opera does not have a long track record of dividend growth.

Insiders buying/selling: Opera Stock Forecast, Price & News (NASDAQ:OPRA)

In the past three months, Opera insiders have not sold or bought any company stock. Only 8.85% of the stock of Opera is held by institutions.

Earnings and Valuation of Opera Stock Forecast, Price & News (NASDAQ:OPRA

Earnings for Opera are expected to grow in the coming year, from ($0.05) to $0.55 per share. The P/E ratio of Opera is 35.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.39. The P/E ratio of Opera is 35.48, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.17. Opera has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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