Gamestop Corporation (GME) Earns News Sentiment Score of 0.18
Media coverage about Gamestop Corporation (NYSE:GME) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gamestop Corporation earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.5836071016708 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Gamestop Corporation (GME) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- GameStop Corp (NYSE: GME) – Stock Watch Evaluation – Alpha Beta Stock (alphabetastock.com)
- GameStop's New Service Could Hurt the Company's Most Important Business (finance.yahoo.com)
- Gamestop Corporation (GME) Downgraded to “Hold” at Zacks Investment Research (americanbankingnews.com)
- GameStop Corp. Stock May Be Near-Term Pain, Long-Term Gain (investorplace.com)
Several equities analysts have commented on the stock. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Gamestop Corporation in a research note on Friday, August 25th. Loop Capital reissued a “buy” rating and set a $28.00 target price on shares of Gamestop Corporation in a research note on Wednesday, August 23rd. Robert W. Baird reissued an “outperform” rating and set a $24.00 target price on shares of Gamestop Corporation in a research note on Tuesday, August 29th. Zacks Investment Research cut shares of Gamestop Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, ValuEngine cut shares of Gamestop Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $25.24.
Shares of Gamestop Corporation (NYSE:GME) traded down $1.13 on Friday, hitting $16.43. 5,766,477 shares of the company’s stock traded hands, compared to its average volume of 2,652,908. Gamestop Corporation has a one year low of $16.22 and a one year high of $26.84. The firm has a market capitalization of $1,740.00, a PE ratio of 4.71, a price-to-earnings-growth 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 1.34.
Gamestop Corporation (NYSE:GME) last announced its earnings results on Thursday, August 24th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.01). Gamestop Corporation had a return on equity of 16.66% and a net margin of 3.90%. The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the business earned $0.27 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. sell-side analysts forecast that Gamestop Corporation will post 3.31 EPS for the current year.
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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.
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