GameStop Corp. (GME) Analysts See $0.37 EPS

May 23, 2018 - By reb123z

GameStop Corp. (NYSE:GME) LogoInvestors sentiment increased to 1.46 in 2017 Q4. Its up 0.39, from 1.07 in 2017Q3. It is positive, as 37 investors sold GameStop Corp. shares while 70 reduced holdings. 56 funds opened positions while 100 raised stakes. 108.87 million shares or 8.64% more from 100.21 million shares in 2017Q3 were reported.
Lsv Asset Mgmt invested 0.08% of its portfolio in GameStop Corp. (NYSE:GME). Robeco Institutional Asset Mngmt Bv owns 696,832 shares or 0.06% of their US portfolio. Oakworth Capital has 0% invested in GameStop Corp. (NYSE:GME). Cipher Cap Lp invested in 0.28% or 198,189 shares. 11,778 were reported by Gam Hldg Ag. Moreover, Systematic L P has 0.02% invested in GameStop Corp. (NYSE:GME). The Colorado-based Pub Employees Retirement Association Of Colorado has invested 0% in GameStop Corp. (NYSE:GME). Moody Natl Bank Division holds 15,175 shares or 0.01% of its portfolio. Sprott holds 1.76% in GameStop Corp. (NYSE:GME) or 335,000 shares. Wisconsin-based Mason Street Advisors Limited Co has invested 0.02% in GameStop Corp. (NYSE:GME). Aviance Cap Management Lc holds 0.02% or 11,846 shares in its portfolio. Advisory Networks Limited Company holds 0.02% or 13,220 shares in its portfolio. Old Mutual Customised Solutions (Proprietary) Ltd, South Africa-based fund reported 3,900 shares. Voloridge Investment Mgmt Ltd Liability accumulated 15,785 shares. 15,875 are owned by Alps Advsrs.

Analysts expect GameStop Corp. (NYSE:GME) to report $0.37 EPS on May, 24.They anticipate $0.26 EPS change or 41.27 % from last quarter’s $0.63 EPS. GME’s profit would be $37.70M giving it 8.56 P/E if the $0.37 EPS is correct. After having $2.02 EPS previously, GameStop Corp.’s analysts see -81.68 % EPS growth. The stock decreased 0.86% or $0.11 during the last trading session, reaching $12.67. About 4.54 million shares traded. GameStop Corp. (NYSE:GME) has declined 33.43% since May 23, 2017 and is downtrending. It has underperformed by 44.98% the S&P500.

GameStop Corp. (NYSE:GME) Ratings Coverage

Among 5 analysts covering GameStop (NYSE:GME), 1 have Buy rating, 2 Sell and 2 Hold. Therefore 20% are positive. GameStop has $23.0 highest and $1200 lowest target. $20.50’s average target is 61.80% above currents $12.67 stock price. GameStop had 5 analyst reports since January 10, 2018 according to SRatingsIntel. On Thursday, March 29 the stock rating was downgraded by Bank of America to “Underperform”. Benchmark maintained the shares of GME in report on Thursday, March 29 with “Sell” rating. Robert W. Baird maintained it with “Buy” rating and $23.0 target in Wednesday, January 10 report. On Tuesday, May 22 the stock rating was maintained by Credit Suisse with “Hold”. The firm has “Hold” rating given on Tuesday, April 3 by Loop Capital.

GameStop Corp. operates as an omnichannel video game retailer. The company has market cap of $1.29 billion. It sells new and pre-owned video game hardware; video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, virtual reality products, memory cards, and other add-ons; and digital products, including downloadable content, network points cards, prepaid digital and subscription cards, and digitally downloadable software. It has a 37.26 P/E ratio. The firm also sells mobile and consumer electronics, including wireless services and products, and accessories, as well as new and pre-owned smart phones; personal computer entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and interactive game figures.

More notable recent GameStop Corp. (NYSE:GME) news were published by: Seekingalpha.com which released: “GameStop CEO steps down for personal reasons” on May 11, 2018, also Seekingalpha.com with their article: “Credit Suisse cautious on GameStop” published on May 22, 2018, Seekingalpha.com published: “GameStop: Stock Performance Has Diverged From Financials” on May 07, 2018. More interesting news about GameStop Corp. (NYSE:GME) were released by: Seekingalpha.com and their article: “GameStop rally fizzles out as Tiger threat discounted” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “GameStop: The End Of An Era” with publication date: April 24, 2018.

GameStop Corp. (NYSE:GME) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.