NYSE:GME - GameStop Stock Price, Price Target & More

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$15.22 -0.06 (-0.39 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$15.28
Today's Range$15.06 - $15.38
52-Week Range$12.20 - $22.37
Volume1.81 million shs
Average Volume4.72 million shs
Market Capitalization$1.56 billion
P/E Ratio4.57
Dividend Yield10.07%
Beta1.39
GameStop logoGameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. It operates in five segments: United States, Canada, Australia, Europe, and Technology Brands. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons; and digital products, such as downloadable content, network points cards, prepaid digital and prepaid subscription cards, and digitally downloadable software. It also sells wireless products, services, and accessories; collectibles, such as licensed merchandise primarily related to the video game, television, and movie industries, as well as pop culture themes; gaming-related print media, and mobile and consumer electronics products; PC entertainment software in various genres comprising sports, action, strategy, adventure/role playing, and simulation; and carry strategy guides, magazines, and interactive game figures. In addition, the company operates e-commerce sites under the GameStop, EB Games, Micromania, and ThinkGeek brands; collectibles stores under the Zing Pop Culture and ThinkGeek brands; and Spring Mobile, an authorized AT&T reseller operating AT&T branded wireless retail stores. Further, it provides Game Informer magazine, a print and digital video game publication; and operates Simply Mac, an authorized Apple reseller that sells Apple products, including desktop computers, laptops, tablets and smart phones, and related accessories and other consumer electronics products, as well as training, warranty, and repair services. As of March 28, 2018, the company operated approximately 7,200 stores across 14 countries. It primarily operates its stores under the GameStop, EB Games, and Micromania brands. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1994 and is headquartered in Grapevine, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Computer & software stores
Sub-IndustryComputer & Electronics Retail
SectorRetail/Wholesale
SymbolNYSE:GME
CUSIP36467W10
Phone817-424-2000

Debt

Debt-to-Equity Ratio0.37
Current Ratio1.52
Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio4.57
Forward P/E Ratio4.96
P/E Growth0.33

Sales & Book Value

Annual Sales$9.22 billion
Price / Sales0.17
Cash Flow$4.8165 per share
Price / Cash3.16
Book Value$21.86 per share
Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)$3.34
Net Income$34.70 million
Net Margins0.04%
Return on Equity13.92%
Return on Assets6.46%

Miscellaneous

Employees22,000
Outstanding Shares101,870,000
Market Cap$1,556.59

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GameStop (NYSE:GME) Frequently Asked Questions

What is GameStop's stock symbol?

GameStop trades on the New York Stock Exchange (NYSE) under the ticker symbol "GME."

How often does GameStop pay dividends? What is the dividend yield for GameStop?

GameStop announced a quarterly dividend on Friday, June 1st. Stockholders of record on Tuesday, June 12th will be given a dividend of $0.38 per share on Tuesday, June 26th. This represents a $1.52 annualized dividend and a dividend yield of 9.99%. The ex-dividend date of this dividend is Monday, June 11th. View GameStop's Dividend History.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) released its earnings results on Friday, June, 1st. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.37 by $0.01. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.96 billion. GameStop had a net margin of 0.04% and a return on equity of 13.92%. The firm's revenue was down 5.5% on a year-over-year basis. During the same period last year, the company posted $0.63 earnings per share. View GameStop's Earnings History.

When is GameStop's next earnings date?

GameStop is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for GameStop.

What guidance has GameStop issued on next quarter's earnings?

GameStop updated its FY19 earnings guidance on Thursday, May, 31st. The company provided earnings per share guidance of $3.00-$3.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.09. The company issued revenue guidance of $8.67-$9.04 billion, compared to the consensus revenue estimate of $8.89 billion.

What price target have analysts set for GME?

10 equities research analysts have issued 12 month price targets for GameStop's stock. Their forecasts range from $10.00 to $25.00. On average, they anticipate GameStop's share price to reach $15.5556 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Ratings for GameStop.

What is the consensus analysts' recommendation for GameStop?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about GameStop stock?

Here are some recent quotes from research analysts about GameStop stock:
  • 1. According to Zacks Investment Research, "Although GameStop’s earnings beat estimates in first-quarter fiscal 2018, revenues lagged the same. Also, earnings and revenues declined year over year. Well, the earnings decline can be somewhat attributable to decline in sales and soft margins as both gross and operating margin contracted in the quarter. Further, comps fell year over year after a few straight quarters of growth. Moreover, the company’s technology brands remained weak. All these factors, along with management’s drab view for fiscal 2018seems to have hurt GameStop’s stock that has underperformed the industry in the past three months. Nevertheless, GameStop has been undertaking several initiatives to augment revenues. Also, we are encouraged by the rise in collectibles sales buoyed by continued expansion of licensed merchandise offerings and unique product offerings." (6/1/2018)
  • 2. Wedbush analysts commented, "For 4Q17 results due Thurs, we expect revenues of $36.7M (consensus $36.1M), EBITDA of $28.3M (consensus $27.4M), and earnings per common unit of $0.21 (consensus $0.19), all above consensus. Already announced, a 4Q17 distribution of 0.4225 is unchanged, yielding 15.6% on an annual basis." (2/12/2018)

Are investors shorting GameStop?

GameStop saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 45,820,054 shares, an increase of 5.4% from the June 15th total of 43,492,169 shares. Based on an average daily volume of 6,749,387 shares, the days-to-cover ratio is currently 6.8 days. Approximately 46.0% of the company's shares are short sold. View GameStop's Current Options Chain.

Who are some of GameStop's key competitors?

Who are GameStop's key executives?

GameStop's management team includes the folowing people:
  • Mr. Daniel A. DeMatteo, Co-Founder & Exec. Chairman (Age 70)
  • Mr. Shane S. Kim, Interim CEO & Director (Age 55)
  • Mr. Robert A. Lloyd, Exec. VP, CFO & COO (Age 56)
  • Mr. Troy W. Crawford, Sr. VP & Chief Accounting Officer (Age 50)
  • Mr. Daniel J. Kaufman, Exec. VP, Chief Legal & Admin. Officer and Corp. Sec. (Age 58)

Has GameStop been receiving favorable news coverage?

Media coverage about GME stock has been trending somewhat negative on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. GameStop earned a news impact score of 0.00 on Accern's scale. They also assigned news headlines about the company an impact score of 44.27 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are GameStop's major shareholders?

GameStop's stock is owned by a number of of institutional and retail investors. Top institutional investors include Adams Asset Advisors LLC (0.10%), Denali Advisors LLC (0.06%), State of Alaska Department of Revenue (0.03%), Bank of Montreal Can (0.03%), Bristol Advisors LLC (0.01%) and XR Securities LLC (0.01%). Company insiders that own GameStop stock include Michael Mauler and Stephanie M Shern. View Institutional Ownership Trends for GameStop.

Which major investors are selling GameStop stock?

GME stock was sold by a variety of institutional investors in the last quarter, including Denali Advisors LLC. View Insider Buying and Selling for GameStop.

Which major investors are buying GameStop stock?

GME stock was purchased by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, Bank of Montreal Can, State of Alaska Department of Revenue, Bristol Advisors LLC and XR Securities LLC. View Insider Buying and Selling for GameStop.

How do I buy shares of GameStop?

Shares of GME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is GameStop's stock price today?

One share of GME stock can currently be purchased for approximately $15.22.

How big of a company is GameStop?

GameStop has a market capitalization of $1.56 billion and generates $9.22 billion in revenue each year. The company earns $34.70 million in net income (profit) each year or $3.34 on an earnings per share basis. GameStop employs 22,000 workers across the globe.

How can I contact GameStop?

GameStop's mailing address is 625 WESTPORT PARKWAY, GRAPEVINE TX, 76051. The company can be reached via phone at 817-424-2000 or via email at [email protected]


MarketBeat Community Rating for GameStop (NYSE GME)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  915 (Vote Outperform)
Underperform Votes:  641 (Vote Underperform)
Total Votes:  1,556
MarketBeat's community ratings are surveys of what our community members think about GameStop and other stocks. Vote "Outperform" if you believe GME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GME will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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