Opera (OPRA) to Release Quarterly Earnings on Thursday

Opera (NASDAQ:OPRA) is projected to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $137.86 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Opera Trading Down 1.9 %

NASDAQ:OPRA opened at $18.15 on Wednesday. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 9.21 and a beta of 1.04. The firm has a fifty day simple moving average of $19.08 and a two-hundred day simple moving average of $17.32. Opera has a 12 month low of $10.11 and a 12 month high of $22.50.

Opera Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, January 13th. Shareholders of record on Monday, January 6th were issued a $0.40 dividend. This represents a yield of 3.9%. The ex-dividend date of this dividend was Monday, January 6th. Opera’s payout ratio is 39.59%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OPRA. B. Riley restated a “buy” rating and issued a $25.00 price target (up from $24.00) on shares of Opera in a report on Wednesday, October 30th. Piper Sandler began coverage on shares of Opera in a report on Wednesday, February 5th. They set an “overweight” rating and a $25.00 price objective for the company. TD Cowen lifted their price objective on shares of Opera from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. The Goldman Sachs Group lifted their price objective on shares of Opera from $19.50 to $23.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Lake Street Capital lifted their price objective on shares of Opera from $22.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Opera currently has an average rating of “Buy” and a consensus target price of $24.80.

Opera Company Profile

Opera Limited, together with its subsidiaries, provides mobile and PC web browsers and related products and services in Norway and internationally. The company offers mobile browser products, such as Opera Mini, Opera browser for Android and iOS, and Opera GX for PCs and Mobile; Opera Touch; PC browsers, including Opera for Computers and Opera GX; Apex Football; Opera VPN Pro; and Opera News, an AI-powered personalized news discovery and aggregation service.