$1.96 EPS Expected for GameStop Corp. (GME)

March 14, 2018 - By Adrian Erickson

 $1.96 EPS Expected for GameStop Corp. (GME)
Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.11, from 1.18 in 2017Q2. It dived, as 37 investors sold GameStop Corp. shares while 83 reduced holdings. 35 funds opened positions while 93 raised stakes. 100.21 million shares or 1.31% less from 101.54 million shares in 2017Q2 were reported.
Moreover, Brown Advisory has 0% invested in GameStop Corp. (NYSE:GME) for 11,640 shares. Ing Groep Nv holds 0% of its portfolio in GameStop Corp. (NYSE:GME) for 12,402 shares. Barclays Public Ltd holds 216,654 shares. Dimensional Fund Lp stated it has 0.08% of its portfolio in GameStop Corp. (NYSE:GME). Hsbc Pcl invested 0% of its portfolio in GameStop Corp. (NYSE:GME). Pomelo Cap Limited Liability Corporation holds 0.09% in GameStop Corp. (NYSE:GME) or 106,286 shares. Brown Advisory Limited Company has invested 0.15% in GameStop Corp. (NYSE:GME). Illinois-based Premier Asset Mgmt Lc has invested 0.2% in GameStop Corp. (NYSE:GME). Ameritas Inv reported 0.03% of its portfolio in GameStop Corp. (NYSE:GME). Quantbot Tech L P stated it has 24,767 shares or 0.05% of all its holdings. Profund Limited Liability Company stated it has 11,565 shares. Advisors Asset Management owns 855,428 shares. Carret Asset Mngmt Lc has invested 0.03% in GameStop Corp. (NYSE:GME). Oregon Pub Employees Retirement Fund holds 37,332 shares or 0.01% of its portfolio. Cornerstone Mngmt Hldg Ltd Com holds 742,138 shares or 0.12% of its portfolio.

Analysts expect GameStop Corp. (NYSE:GME) to report $1.96 EPS on March, 28 after the close.They anticipate $0.42 EPS change or 17.65 % from last quarter’s $2.38 EPS. GME’s profit would be $198.54 million giving it 1.97 P/E if the $1.96 EPS is correct. After having $0.54 EPS previously, GameStop Corp.’s analysts see 262.96 % EPS growth. The stock decreased 0.96% or $0.15 during the last trading session, reaching $15.46. About 2.52 million shares traded. GameStop Corp. (NYSE:GME) has declined 15.17% since March 15, 2017 and is downtrending. It has underperformed by 31.87% the S&P500.

GameStop Corp. (NYSE:GME) Ratings Coverage

Among 20 analysts covering GameStop Corp. (NYSE:GME), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. GameStop Corp. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of GameStop Corp. (NYSE:GME) has “Buy” rating given on Friday, December 23 by Mizuho. Credit Suisse maintained the stock with “Hold” rating in Thursday, May 25 report. The firm has “Hold” rating by Oppenheimer given on Friday, August 25. The stock of GameStop Corp. (NYSE:GME) earned “Buy” rating by SunTrust on Thursday, December 10. The firm earned “Buy” rating on Thursday, September 14 by Robert W. Baird. Benchmark downgraded GameStop Corp. (NYSE:GME) on Friday, August 28 to “Hold” rating. Pacific Crest downgraded the stock to “Sector Weight” rating in Friday, November 13 report. The firm has “Buy” rating given on Wednesday, December 7 by Loop Capital. The stock of GameStop Corp. (NYSE:GME) earned “Outperform” rating by Wedbush on Wednesday, January 13. The company was maintained on Tuesday, November 24 by Telsey Advisory Group.

GameStop Corp. operates as an omnichannel video game retailer. The company has market cap of $1.57 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 4.51 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 important recent GameStop Corp. (NYSE:GME) news were published by: Seekingalpha.com which released: “This 9.5% Yield Is No Game, It’s The Real Deal” on March 13, 2018, also Marketwatch.com published article titled: “GameStop’s former CEO J. Paul Raines dies aged 53”, Businesswire.com published: “Glancy Prongay & Murray LLP Commences Investigation on Behalf of GameStop Corp …” on March 14, 2018. More interesting news about GameStop Corp. (NYSE:GME) was released by: Globenewswire.com and their article: “GameStop Declares Quarterly Cash Dividend” with publication date: February 21, 2018.

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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: