Gamestop Corporation (GME) Receives Daily Coverage Optimism Rating of 0.27
Media stories about Gamestop Corporation (NYSE:GME) have been trending positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gamestop Corporation earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.7432144028597 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s rankings:
- Gamestop Corporation (GME) Rating Reiterated by Benchmark Co. (americanbankingnews.com)
- Day Traders Must Read Before Invest: GameStop Corp (NYSE: GME) – Alpha Beta Stock (alphabetastock.com)
- GameStop Corp. Earnings Climb 8% In Q3 – Markets Insider (markets.businessinsider.com)
- GameStop Corporation: GameStop Reports Third Quarter 2017 Results (twst.com)
- GameStop Corp’s (GME) Interim CEO Dan DeMatteo on Q3 2017 Results – Earnings Call Transcript (seekingalpha.com)
Shares of Gamestop Corporation (NYSE GME) traded up $0.29 during mid-day trading on Wednesday, reaching $16.73. The company’s stock had a trading volume of 9,296,400 shares, compared to its average volume of 2,716,420. Gamestop Corporation has a 1-year low of $15.85 and a 1-year high of $26.84. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.34 and a quick ratio of 0.49. The stock has a market cap of $1,665.49, a price-to-earnings ratio of 4.50, a PEG ratio of 0.33 and a beta of 1.24.
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 the Zacks’ consensus estimate of $0.43 by $0.11. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. Gamestop Corporation had a return on equity of 16.66% and a net margin of 3.90%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 earnings per share. equities analysts anticipate that Gamestop Corporation will post 3.3 earnings per share for the current fiscal year.
A number of research analysts have weighed in on GME shares. Zacks Investment Research upgraded Gamestop Corporation from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Wednesday, October 25th. Robert W. Baird reiterated an “outperform” rating and set a $24.00 target price on shares of Gamestop Corporation in a report on Tuesday, August 29th. Vetr upgraded Gamestop Corporation from a “buy” rating to a “strong-buy” rating and set a $33.36 target price on the stock in a report on Friday, September 15th. BidaskClub downgraded Gamestop Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $25.00 price target on shares of Gamestop Corporation in a research note on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. Gamestop Corporation has a consensus rating of “Hold” and a consensus price target of $23.83.
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Gamestop Corporation Company Profile
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.
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