GameStop Corp. (GME) EPS Estimated At $0.08

August 12, 2018 - By Eula Gilbert

GameStop Corp. (NYSE:GME) LogoInvestors sentiment decreased to 1.11 in 2018 Q1. Its down 0.35, from 1.46 in 2017Q4. It worsened, 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.
Keybank National Association Oh holds 0% in GameStop Corp. (NYSE:GME) or 20,000 shares. Alliancebernstein Ltd Partnership, a New York-based fund reported 48,286 shares. Thrivent Financial For Lutherans holds 0% or 22,985 shares. Rhumbline Advisers reported 0% in GameStop Corp. (NYSE:GME). Citigroup Inc reported 0% in GameStop Corp. (NYSE:GME). Axa has invested 0.01% of its portfolio in GameStop Corp. (NYSE:GME). Signaturefd holds 0.01% of its portfolio in GameStop Corp. (NYSE:GME) for 5,765 shares. Peak6 Invests Lp accumulated 0.01% or 137,274 shares. Aqr Cap Limited Co accumulated 3.17 million shares or 0.04% of the stock. Guggenheim Ltd Liability Company stated it has 362,643 shares. Arbiter Prtn Mgmt Limited Liability Co accumulated 152,100 shares. Ing Groep Nv invested 0% in GameStop Corp. (NYSE:GME). Wells Fargo Mn invested in 875,919 shares. Hancock has 70,987 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0% of its portfolio 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 $8.15 million 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 2.42 million shares traded. GameStop Corp. (NYSE:GME) has declined 46.36% since August 13, 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. The stock of GameStop Corp. (NYSE:GME) has “Hold” rating given on Tuesday, May 22 by Credit Suisse. The rating was downgraded by Bank of America to “Underperform” on Thursday, March 29. The rating was downgraded by Loop Capital on Tuesday, April 3 to “Hold”. The rating was maintained by Benchmark with “Sell” on Thursday, March 29.

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

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.