Opera (NASDAQ:OPRA) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Opera to post earnings of $0.06 per share for the quarter. Opera has set its Q3 2019 guidance at EPS and its FY 2019 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Opera (NASDAQ:OPRA) last posted its earnings results on Thursday, August 22nd. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Opera had a return on equity of 4.49% and a net margin of 14.40%. The firm had revenue of $61.73 million for the quarter, compared to the consensus estimate of $55.65 million. On average, analysts expect Opera to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
OPRA stock opened at $8.76 on Thursday. Opera has a fifty-two week low of $5.31 and a fifty-two week high of $14.94. The business’s 50 day moving average price is $10.16 and its two-hundred day moving average price is $10.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.97 and a current ratio of 4.97. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 21.90 and a beta of 1.89.
A number of research firms have weighed in on OPRA. Citigroup set a $14.00 target price on Opera and gave the stock a “buy” rating in a report on Friday, August 23rd. Zacks Investment Research downgraded Opera from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. B. Riley set a $19.00 target price on Opera and gave the stock a “buy” rating in a report on Friday, August 23rd. ValuEngine upgraded Opera from a “strong sell” rating to a “sell” rating in a report on Friday, November 1st. Finally, Lake Street Capital began coverage on Opera in a research report on Wednesday, October 2nd. They issued a “buy” rating and a $19.00 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Opera has a consensus rating of “Hold” and an average price target of $16.75.
Opera Company Profile
Opera Limited, through its subsidiaries, provides mobile and PC web browsers in Ireland, Russia, and internationally. It offers mobile browser products under the Opera Mini, Opera for Android, and Opera Touch names; PC browser under the Opera for Computers name; Opera News, a personalized news aggregation app; and Okash, a microfinance app.
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