Price Target Analysis of GameStop Corp. (GME)

Postado Setembro 11, 2017

The stock of Visa Inc (NYSE:V) has "Buy" rating given on Friday, August 11 by Keefe Bruyette & Woods. GameStop Corp. (NYSE:GME) has declined 15.17% since September 10, 2016 and is downtrending. Thomas White International Ltd sold 5,779 shares as Visa Inc Cl A (V)'s stock rose 5.74%. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 5.76 and a beta of 1.19. They now have a $28.00 price objective on the company shares.

Yet another important factor while evaluating a good buy/sell decision for Cerus Corporation (CERS) is its Earnings per Share or EPS. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.64 billion. Gamestop Corporation had a return on equity of 16.66% and a net margin of 3.90%. Over the trailing year, the stock is underperforming the S&P 500 by 44.26, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. The company's quarterly EPS surprised Wall Street by as much as -6% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Among 20 analysts covering GameStop Corp. It also reduced Ishares Tr (IGV) stake by 3,658 shares and now owns 33,665 shares.

Since March 24, 2017, it had 1 buy, and 5 insider sales for $14.79 million activity. The ex-dividend date of this dividend was Tuesday, November 29th. Gamestop Corporation's dividend payout ratio is now 45.65%. It increased, as 56 investors sold GME shares while 100 reduced holdings.

The company reported an impressive total revenue of 8.61 Billion in the last fiscal year.

Looking forward, the company's quarterly earnings are expected to come at $1.63 in the three months through September 2017 and $2.07 in the quarter ending December 2017, reflecting 1.24% and 9.52% growth, respectively. State Street Corp increased its stake in shares of Gamestop Corporation by 1.6% in the 2nd quarter. SG Americas Securities LLC increased its stake in Gamestop Corporation by 102.5% in the third quarter. Camarda Financial Advisors LLC now owns 5,179 shares of the company's stock valued at $112,000 after acquiring an additional 447 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of Gamestop Corporation by 51.6% during the 1st quarter. BlackRock Inc. now owns 8,262,281 shares of the company's stock valued at $186,314,000 after purchasing an additional 8,189,420 shares in the last quarter. Telsey Advisory Group raised Gamestop Corporation from a "market perform" rating to an "outperform" rating in a report on Wednesday, May 10th. BidaskClub cut shares of Gamestop Corporation from a "hold" rating to a "sell" rating in a research report on Tuesday, July 25th. Oppenheimer Holdings, Inc. reaffirmed a "hold" rating on shares of Gamestop Corporation in a report on Tuesday, June 20th. The firm earned "Buy" rating on Friday, December 23 by Mizuho. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company.

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GameStop Corp.is an omnichannel video game retailer. The Firm 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.