Analysts See $0.08 EPS for GameStop Corp. (GME)

August 10, 2018 - By Ash Ash

GameStop Corp. (NYSE:GME) LogoInvestors sentiment decreased to 1.11 in Q1 2018. Its down 0.35, from 1.46 in 2017Q4. It dropped, as 43 investors sold GameStop Corp. shares while 79 reduced holdings. 48 funds opened positions while 88 raised stakes. 103.63 million shares or 4.81% less from 108.87 million shares in 2017Q4 were reported.
Groesbeck Investment Mngmt Corporation Nj stated it has 0.85% in GameStop Corp. (NYSE:GME). 83,646 were accumulated by Mutual Of America Capital Mngmt Llc. Grp Incorporated holds 0.04% of its portfolio in GameStop Corp. (NYSE:GME) for 814,591 shares. Paradice Inv Management Ltd Liability stated it has 1.29M shares or 1.17% of all its holdings. Bank & Trust Of America Corporation De invested in 567,082 shares or 0% of the stock. Washington Tru Fincl Bank holds 0% or 245 shares in its portfolio. Premier Asset Ltd Liability reported 12,764 shares. Global X Management Com Lc has invested 0.15% in GameStop Corp. (NYSE:GME). Heartland Advsr reported 300,000 shares. Moreover, Northwestern Mutual Wealth has 0% invested in GameStop Corp. (NYSE:GME) for 1,517 shares. Moreover, Maverick Limited has 0.03% invested in GameStop Corp. (NYSE:GME). Envestnet Asset Management Inc owns 3,851 shares or 0% of their US portfolio. Louisiana State Employees Retirement Systems invested 0.02% of its portfolio in GameStop Corp. (NYSE:GME). Credit Suisse Ag holds 173,781 shares. Laurion Capital Mngmt Limited Partnership has invested 0.01% in GameStop Corp. (NYSE:GME).

Analysts expect GameStop Corp. (NYSE:GME) to report $0.08 EPS on August, 23.They anticipate $0.07 EPS change or 46.67 % from last quarter’s $0.15 EPS. GME’s profit would be $8.15M giving it 47.88 P/E if the $0.08 EPS is correct. After having $0.38 EPS previously, GameStop Corp.’s analysts see -78.95 % EPS growth. The stock increased 0.72% or $0.11 during the last trading session, reaching $15.32. About 2.41 million shares traded. GameStop Corp. (NYSE:GME) has declined 46.36% since August 10, 2017 and is downtrending. It has underperformed by 58.93% 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 had 5 analyst reports since March 29, 2018 according to SRatingsIntel. Benchmark maintained GameStop Corp. (NYSE:GME) rating on Thursday, March 29. Benchmark has “Sell” rating and $1200 target. The firm earned “Hold” rating on Tuesday, May 22 by Credit Suisse. The stock of GameStop Corp. (NYSE:GME) has “Underperform” rating given on Thursday, March 29 by Bank of America. As per Tuesday, April 3, the company rating was downgraded by Loop Capital.

GameStop Corp. operates as an omnichannel video game retailer. The company has market cap of $1.56 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 403.16 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 news for GameStop Corp. (NYSE:GME) were recently published by: Seekingalpha.com, which released: “Switching From Shares To Options At GameStop” on July 20, 2018. Seekingalpha.com‘s article titled: “GameStop Should Consider Selling Vinyl Records” and published on July 22, 2018 is yet another important article.

GameStop Corp. (NYSE:GME) Institutional Positions Chart

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