Gamestop Corporation (NYSE:GME)‘s stock had its “hold” rating restated by research analysts at Oppenheimer Holdings, Inc. in a report issued on Wednesday. Oppenheimer Holdings also issued estimates for Gamestop Corporation’s Q4 2018 earnings at $2.03 EPS and FY2018 earnings at $3.35 EPS.

A number of other equities research analysts also recently weighed in on the company. Loop Capital reaffirmed a “buy” rating and set a $28.00 price objective on shares of Gamestop Corporation in a research report on Wednesday. Benchmark Co. reaffirmed a “sell” rating and set a $15.00 price objective (down previously from $18.00) on shares of Gamestop Corporation in a research report on Wednesday. Vetr downgraded Gamestop Corporation from a “strong-buy” rating to a “hold” rating and set a $16.58 price objective on the stock. in a research report on Friday, November 17th. Wedbush set a $25.00 price objective on Gamestop Corporation and gave the company a “buy” rating in a research report on Thursday, November 16th. Finally, Zacks Investment Research downgraded Gamestop Corporation from a “hold” rating to a “sell” rating in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. Gamestop Corporation presently has an average rating of “Hold” and a consensus price target of $23.47.

Shares of Gamestop Corporation (NYSE:GME) opened at $17.37 on Wednesday. Gamestop Corporation has a 12-month low of $15.85 and a 12-month high of $26.84. The firm has a market capitalization of $1,759.71, a PE ratio of 4.69, a P/E/G ratio of 0.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 1.20.

Gamestop Corporation (NYSE:GME) last issued its quarterly earnings data on Tuesday, November 21st. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. Gamestop Corporation had a return on equity of 16.50% and a net margin of 3.98%. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the company earned $0.49 earnings per share. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. equities analysts expect that Gamestop Corporation will post 3.3 EPS for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of GME. Capstone Asset Management Co. boosted its holdings in Gamestop Corporation by 2.7% in the second quarter. Capstone Asset Management Co. now owns 20,721 shares of the company’s stock worth $448,000 after acquiring an additional 540 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Gamestop Corporation by 1.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 37,626 shares of the company’s stock worth $813,000 after acquiring an additional 690 shares in the last quarter. LS Investment Advisors LLC boosted its holdings in Gamestop Corporation by 17.3% in the second quarter. LS Investment Advisors LLC now owns 8,236 shares of the company’s stock worth $178,000 after acquiring an additional 1,213 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in Gamestop Corporation by 2.7% in the second quarter. Louisiana State Employees Retirement System now owns 26,400 shares of the company’s stock worth $571,000 after acquiring an additional 700 shares in the last quarter. Finally, Aperio Group LLC boosted its holdings in Gamestop Corporation by 23.7% in the second quarter. Aperio Group LLC now owns 402,469 shares of the company’s stock worth $8,697,000 after acquiring an additional 77,091 shares in the last quarter.

About Gamestop Corporation

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment.

Analyst Recommendations for Gamestop Corporation (NYSE:GME)

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