GLUU - Glu Mobile Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
11.00
-0.17 (-1.52%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close11.17
Open11.24
Bid0.00 x 2200
Ask0.00 x 800
Day's Range10.73 - 11.25
52 Week Range4.21 - 11.75
Volume1,413,570
Avg. Volume2,267,650
Market Cap1.585B
Beta (3Y Monthly)0.58
PE Ratio (TTM)N/A
EPS (TTM)-0.09
Earnings DateMay 6, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est10.59
Trade prices are not sourced from all markets
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    Glu Mobile Announces New Employment Inducement Awards

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  • Don’t Watch the Glu Mobile Stock Financials, Watch the Gaming Trends
    InvestorPlace16 days ago

    Don’t Watch the Glu Mobile Stock Financials, Watch the Gaming Trends

    Glu Mobile (NASDAQ:GLUU) has recovered nicely from the slump following its February earnings report. Over the last four weeks, Glu Mobile stock saw a massive surge higher. It now trades more than 10% above the pre-earnings levels seen in early February.Source: Shutterstock Glu Mobile stock has built its success based on its licensing deals, the performance of its games, and the return to profitability.However, the history of mobile games shows that game performance drives mobile gaming stocks. Hence, understanding its games will play a more important role in succeeding with GLUU than studying company financials.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Risky Stocks to Watch as Earnings Season Kicks Off Here's What Drove GLUU Stock HigherIn my post-earnings report, I described GLUU stock as a "buying opportunity for risk-taking investors." GLUU rewarded those who took the risk handsomely. Since the 13.2% post-earnings plunge, the stock has risen by over 29%.Titles such as Kim Kardashian: Hollywood, Design Home, and Tap Sports Baseball have kept mobile gamers glued to their screens. The company also agreed to develop games for Disney (NYSE:DIS), using characters from Pixar and the programs Disney developed in-house. This brought about Disney Sorcerer's Arena and will lead to more games in the near future.Fundamentals also remain compelling. Analysts expect profits to increase by 25% this year and 40% next year. That type of growth makes the 23.3 forward price-to-earnings (PE) ratio appear reasonable.Unfortunately, these metrics remain secondary. GLUU Games Drive GLUU StockThe numbers matter with regard to the company's health itself. However, for GLUU stock to succeed, these numbers take a back seat to the success of its games. Games pulled GLUU out of penny-stock status. They also helped it recover after an underwhelming earnings report.However, investors still need to take heed of the history of the gaming industry. In all likelihood, instead of trading like an Activision (NASDAQ:ATVI) or an EA (NASDAQ:EA), GLUU stock will most likely mirror that of its closest peer, mobile gaming company Zynga (NASDAQ:ZNGA). The Lessons of ZyngaZynga rode high in the early part of the decade on the success of Mafia Wars and Farmville. This took ZNGA stock to almost $16 per share in March 2012. However people began to log on to Zynga games less often, and by the end of 2012 the stock had fallen below $2.50 per share as the gaming platform lost almost half of its user base.With GLUU stock trading at over $11 per share, I see a similar fate as the company's greatest threat. Hence, to succeed with Glu Mobile stock, do not study PE ratios and cash flow statements. Instead, explore the games themselves and their performance.Like with Zynga's experience with Farmville, at some point, gamers will eventually grow weary of titles such as Design Home and Tap Sports Baseball. For GLUU stock to enjoy long-term success, the company needs to make sure the interest shifts to one of GLUU's other games when this happens.If the company can continually pull off this transition, Glu Mobile stock will continue to rise. However, if it fails in this area, GLUU could return to penny-stock status. Final Thoughts on Glu Mobile StockHence, the user base stands as the most critical metric in predicting the performance of GLUU stock. GLUU rose from penny-stock status on a handful of successful games. It now seeks to build on that base by partnering with Disney and designing games built around the media giant's characters.Despite the potential for that partnership, GLUU stock remains primarily dependent on growing and maintaining its user base. GLUU investors need to stay mindful of the lessons of Zynga and what happens when players become bored with a specific game. Even though they have enlisted a powerful partner in Disney, it still faces constant pressure to keep users coming to the Glu Mobile platform.GLUU can keep moving higher if its games remain popular. However, if one cannot develop an interest in Glu Mobile games, they should not buy an interest in GLUU stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post Don't Watch the Glu Mobile Stock Financials, Watch the Gaming Trends appeared first on InvestorPlace.

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  • 5 Low-Priced Tech Stocks With Great Potential
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    5 Low-Priced Tech Stocks With Great Potential

    Given their surge over the last few years, tech stocks aren't cheap -- at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG, NASDAQ:GOOGL) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ:NOW) can be had for over $100 per share. And while, as we said before, "price is what you pay, value is what you get," there is something about buying cheap stocks that can result in higher returns.So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you'd have very powerful weapon indeed.Luckily, you can do just that. There are several cheap tech stocks that can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren't without risk, but they do have plenty of reward potential. So which ones should you focus on?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 8 Best Stocks to Buy for an April Rally Here are five cheap tech stocks to buy for your portfolio. Cheap Tech Stocks to Buy: Fitbit (FIT)Source: Shutterstock Share Price: $5.85It's no surprise that former wearable device superstar Fitbit (NYSE:FIT) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded "C" word -- commoditization.So, why be bullish on the floundering device maker?It comes down to healthcare, health insurance and FIT's low prices for devices.John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.For FIT, this could be its opportunity. A low price, a name brand and a huge data set of active users makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.And at less than $6 per share, it's worth that gamble. Glu Mobile (GLUU)Source: Shutterstock Share Price: $11.28One-hundred and twenty-two percent. That's a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ:GLUU), its 2018 return may just be a drop in the bucket. That's because GLUU's turnaround is finally paying off.A few years ago, mobile gaming was super hot -- and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer's management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive during the fourth quarter.GLUU was also able to reduce its debt load and build a strong cash balance over the last year.With that, GLUU stock has surged. The best part is that the firm's development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE:WWE) game as well as a title under license from Walt Disney's (NYSE:DIS) Pixar. Moreover, several other games in development are targeted at female gamers -- an underrepresented niche. That gives Glu a potentially huge market all to itself.With the firm now firing on all cylinders and gaming still going strong, the $12 per share tech stock seems like a bargain at a P/E of 26. Nokia Oyj (ADR) (NOK)Source: Shutterstock Share Price: $5.92Ask many people what they think about handset maker Nokia Oyj (ADR) (NYSE:NOK) and odds are, they say "washed up." And that may be true to a point -- when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.We're talking about 5G.As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens' networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it's on?This switch has been wonderful for NOK stock. Current 4G networks aren't cutting it with all the streaming video, mobile commerce and gaming we're now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK's way.Sales at Nokia continue to rise, clocking in at 6.87 billion euros last quarter. The bulk of that was networking and 5G hardware.And yet, NOK shares remain a castaway among cheap tech stocks. At under $6 and with a 3.8% dividend yield, it's worth a buy. TeleNav (TNAV)Source: Shutterstock Share Price: $5.95Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ:TNAV), that means being buddies with Amazon (NASDAQ:AMZN). Amazon has been looking for ways to get its A.I. voice assistant Alexa into more devices and into every American's home. A big push in that is into automobiles. This is where TNAV comes in.TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV's systems are much more than just your normal GPS. They use A.I. and voice assistants, allow advertisers and in-car commerce -- such as go-ahead ordering -- and the like. Amazon joined with TNAV in a deal that would make Alexa front and center in its units.What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It's a win-win for TNAV, AMZN and other future partners.The opportunity is huge. And yet, TNAV trades at just around $6 per share. That's a huge bargain for its potential -- even more so when considering that firm continues to grow its revenues like weeds and finally has achieved positive cash flows at the end of last quarter.In the end, this one tech stock that won't stay low-priced for much longer. 3D Systems (DDD)Source: Image via 3D SystemsShare Price: $11.27One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE:DDD).However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $11. At that price, 3D may be a big-time buy.For one thing, the firm is growing. Last year, DDD's revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Being able to print out prosthetics, implants and braces has the potential to a massive market for the firm. One that is being tapped just now.For investors, DDD stock's fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices.At the time of writing, Aaron Levitt was long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post 5 Low-Priced Tech Stocks With Great Potential appeared first on InvestorPlace.

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  • Here’s Why Benefitfocus Is a Way Better Buy Than Glu Mobile Stock
    InvestorPlacelast month

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    Trading within 5% of its 52-week high of $10.41, Glu Mobile (NASDAQ:GLUU) and Glu Mobile stock is on a roll. It's up almost 24% year-to-date through March 14 and a whopping 160% over the past year.Source: Glu Mobile As a result of the roll it's on, investors are wondering if this is the beginning of a move to $14.80 and beyond, the all-time high for Glu Mobile stock, which was achieved in June 2007 , or is $10.41 the best investors can hope for?However, when it comes to companies that aren't making money as is the case with Glu Mobile, I always ask myself if there isn't a better option available that is profitable. After all, investors like Catherine Wood might be comfortable betting millions on a company like Tesla (NASDAQ:TSLA), but regular investors looking to grow their retirement accounts safely, ought to at least consider the alternatives.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Small-Cap Stocks That Make the Grade The AlternativeI've found a company whose market cap is almost identical to Glu Mobile and also is losing money. Its name is Benefitfocus (NASDAQ:BNFT), and it provides a cloud-based platform that helps employers, insurance brokers and carriers, and other benefit suppliers, deliver excellent employee benefits. In a tight employment market like the one we have today, Benefitfocus' services could be the difference between an excellent business and a mediocre one. Mobile games vs. cloud-based technology. One is a more significant contributor to the health and wellness of Americans, but before I rush to judgment, why don't I consider the strengths of each business. Glu Mobile Stock StrengthsAny time you've got the Kardashians on your team, you're going to attract a lot of attention. According to the company's 10-K, Kim Kardashian: Hollywood generated $34.0 million in revenue in 2018, 28% higher than a year earlier, making it one of Glu Mobile's top revenue generators. In terms of its income statement, two things jump out at me that are positive. Overall revenues have grown by 64% over the past four years from $223 million in 2014 to $367 million in 2018. A little farther down the income statement, Glu Mobile's gross profits increased by 91% to $228 million from $137 million in 2014. Not only that, but gross margins increased slightly over the four years from 61.6% to 62.3%.Where things don't look nearly as positive is on the bottom line where it's managed to lose almost $200 million over the past five years. Looking at this with the glass half full, Glu Mobile only lost $13.2 million in 2018. More importantly, in the fourth quarter, it just lost $1.3 million on a GAAP basis, far less than the $39.6 million loss in Q4 2017.As CEO Nick Earl stated in its Q4 2017 press release, the fourth quarter and 2018 were good performances. "Our strong fourth quarter performance capped off a great year for Glu and our shareholders. Bookings for the full year grew 20% on the strength of our core business driven by the successful execution of our Growth Games strategy…The top line growth we delivered drove increased profitability on an adjusted EBITDA basis each quarter throughout 2018 on a year over year basis, reflecting the scale in our operating model."It might not be making money on a GAAP basis, but it's getting there. Benefitfocus' StrengthsBenefitfocus makes money on a subscription basis from its customers who use its software-as-a-service offerings over the cloud. Its employer customers sign one-year contracts that are renewable annually while insurance carriers sign contracts for more extended periods of three to five years. So, the amount of recurring revenue that it gets is reasonably high. Recurring revenue, in my opinion, is the Holy Grail of sales. In terms of the breakdown of its revenue, it gets approximately 66% of sales from those one-year employer contracts and the remaining 34% from insurance carriers. In 2018, Benefitfocus increased employer revenue by 10.6% year over year and 6.7% for carrier revenue, bringing the total to $258.7 million, 9.2% higher than a year earlier. On the bottom line, it lost almost $53 million on a GAAP basis in 2018, 4.6% higher than a year earlier. However, on a non-GAAP basis, Benefitfocus lost $18.3 million in the past year, 44% less than in 2017. In the fourth quarter ended December 31, 2018, it made $4.7 million, 375% better than a year earlier. So, it too is going in the right direction. The Bottom Line on Glu Mobile StockIn early February, my InvestorPlace colleague Will Healy suggested that only risk-taking investors should buy its stock on the dip. GLUU had dropped from over $10 down to the high $8s on the company's Q4 loss and a weak outlook for bookings in 2019. Healy felt that because the volatile nature of the gaming business, you've got to have a good understanding of the industry to know whether Glu Mobile is winning or losing.I don't disagree. Both stocks require a firm understanding of how they make money, whether competitive threats are real or imagined, and are they gaining a pathway to profitability.I believe both businesses are doing what it takes to grow profitably.However, if I only could buy one stock, I'd have to go with Benefitfocus for the sole reason that it's solving a problem. Businesses that do this have a good chance of succeeding. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Here's Why Benefitfocus Is a Way Better Buy Than Glu Mobile Stock appeared first on InvestorPlace.

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