Investing

Earnings Previews: Academy Sports, Coupa Software, GitLab, Hello

Of nine brokerages covering GitLab stock, eight have a Buy or Strong Buy rating. The holdout rates the shares at Hold. At a share price of around $44.90, the upside potential based on a median price target of $64.50 is about 43.7%. At the high price target of $105.00, the upside potential is nearly 134%.

First-quarter revenue is forecast at $78.24 million, up almost 2% sequentially. Analysts have a consensus estimate for an adjusted per-share loss of $0.265, compared to the prior quarter’s loss of $0.16 per share. For full fiscal 2023, ending in January, GitLab is expected to show an adjusted loss of $0.96 per share, compared to last year’s loss per share of $1.20. Revenue is forecast to rise 53.3% to $387.36 million.

GitLab is not expected to post a profit in 2023, 2024 or 2025. The company’s enterprise value to sales multiple for 2023 is 14.8. For 2024, the multiple is 10.6 and for 2025 the multiple is 7.9.

Hello

Beijing-based Hello Group Inc. (NASDAQ: MOMO) provides a mobile platform for social media and entertainment in China, including online dating services Momo and Tantan. Over the past 12 months, the stock has dropped nearly 53%. Since its pre-pandemic high in January of 2020, shares have dropped 84%. The share price depends heavily on user numbers and paying subscribers, both of which have declined recently. The company reports results first thing Tuesday morning.

Of 14 analysts covering the company, nine have a Hold rating and five rate the shares at Buy. At a share price of around $5.90, the upside potential based on a median price target of $7.79 is about 32%. At the high price target of $20.64, the upside potential is 250%.


First-quarter revenue is forecast at $469.25 million, down 18.8% sequentially and 12.9% lower year over year. Adjusted EPS are forecast at $0.24, up 10% sequentially but down 45% year over year. For the full 2022 fiscal year ending in December, analysts are looking for EPS of $1.24, down 17.3%, on sales of $2.03 billion, down 11.5%.

Hello stock trades at 4.7 times expected 2022 EPS, 3.9 times estimated 2023 earnings of $1.48 and 3.7 times estimated 2024 earnings of $1.59 per share. The stock’s 52-week range is $4.13 to $16.33. The company does not pay a dividend. Total shareholder return for the past year was negative 52.7%.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.