Analysts See $1.96 EPS for GameStop Corp. (GME)

March 14, 2018 - By Migdalia James

 Analysts See $1.96 EPS for GameStop Corp. (GME)
Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.11, from 1.18 in 2017Q2. It turned negative, 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.
Hightower Advsrs Limited Liability Com holds 123,269 shares or 0.02% of its portfolio. James Inv Research Incorporated, Ohio-based fund reported 113,240 shares. Bnp Paribas Arbitrage Sa invested in 0.02% or 386,829 shares. Massachusetts-based Panagora Asset has invested 0% in GameStop Corp. (NYSE:GME). Schwab Charles Mngmt accumulated 556,521 shares or 0.01% of the stock. Credit Suisse Ag owns 295,319 shares. Aqr Management Limited holds 0.07% or 2.77M shares in its portfolio. Hutchin Hill Capital Lp reported 304,800 shares or 0.24% of all its holdings. Royal National Bank & Trust Of Canada reported 37,245 shares stake. Utah Retirement accumulated 18,261 shares or 0.01% of the stock. 571 are owned by Dreman Value Mngmt L L C. Commonwealth National Bank & Trust Of Australia invested in 355,326 shares or 0.07% of the stock. Envestnet Asset Incorporated owns 3,779 shares. Quantbot Technologies Ltd Partnership holds 24,767 shares. Cipher Cap Lp has invested 0.23% in GameStop Corp. (NYSE:GME).

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. As per Monday, August 17, the company rating was upgraded by Zacks. The firm earned “Market Perform” rating on Monday, March 13 by Telsey Advisory Group. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, August 28 report. Robert W. Baird maintained the shares of GME in report on Wednesday, January 10 with “Buy” rating. The stock of GameStop Corp. (NYSE:GME) earned “Buy” rating by SunTrust on Monday, October 16. The stock of GameStop Corp. (NYSE:GME) earned “Hold” rating by Oppenheimer on Friday, May 26. The firm has “Hold” rating given on Thursday, May 25 by Credit Suisse. The firm earned “Sell” rating on Friday, May 27 by Benchmark. The firm earned “Overweight” rating on Friday, August 28 by Piper Jaffray. The stock of GameStop Corp. (NYSE:GME) has “Hold” rating given on Wednesday, November 22 by Credit Suisse.

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: which released: “GameStop’s former CEO J. Paul Raines dies aged 53” on March 05, 2018, also published article titled: “Glancy Prongay & Murray LLP Commences Investigation on Behalf of GameStop Corp …”, published: “GameStop Declares Quarterly Cash Dividend” on February 21, 2018. More interesting news about GameStop Corp. (NYSE:GME) was released by: and their article: “This 9.5% Yield Is No Game, It’s The Real Deal” with publication date: March 13, 2018.

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