News articles about GameStop (NYSE:GME) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GameStop earned a news impact score of 0.23 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.6660566352985 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Reviewing the Current Circumstance for Northwest Biotherapeutics, Inc. (NWBO), GameStop Corp. (GME) – Market Movers (financialqz.com)
- Hot Stock Analysis – GameStop Corp. (NYSE: GME) – Alpha Beta Stock (alphabetastock.com)
- Southwestern Energy Company (SWN)- Stocks Focus in Frontline Brokers: GameStop Corp. (GME) – Newburgh Gazette (newburghgazette.com)
- GameStop Is Worth $26 Per Share (Video) – Seeking Alpha (seekingalpha.com)
- ETFs with exposure to GameStop Corp. : December 29, 2017 (finance.yahoo.com)
GameStop (NYSE GME) traded up $0.31 during midday trading on Tuesday, reaching $18.26. The company had a trading volume of 2,832,537 shares, compared to its average volume of 4,300,000. The company has a market cap of $1,850.00, a price-to-earnings ratio of 5.34, a PEG ratio of 0.36 and a beta of 1.26. GameStop has a 1-year low of $15.85 and a 1-year high of $26.68. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.38 and a current ratio of 1.20.
GameStop (NYSE:GME) last released its quarterly earnings results on Tuesday, November 21st. The company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.11. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.98 billion. GameStop had a return on equity of 16.50% and a net margin of 3.98%. GameStop’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 EPS. research analysts anticipate that GameStop will post 3.32 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Friday, December 1st were given a $0.38 dividend. The ex-dividend date was Thursday, November 30th. This represents a $1.52 dividend on an annualized basis and a yield of 8.32%. GameStop’s payout ratio is 44.44%.
GME has been the subject of several recent analyst reports. Loop Capital reiterated a “buy” rating and set a $28.00 price target on shares of GameStop in a research note on Wednesday, November 22nd. Zacks Investment Research raised GameStop from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Wednesday, October 25th. SunTrust Banks reissued a “buy” rating and set a $25.00 price objective on shares of GameStop in a research report on Tuesday, October 17th. ValuEngine raised GameStop from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $24.00 price target on shares of GameStop in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. GameStop presently has an average rating of “Hold” and an average price target of $22.63.
In other GameStop news, Director Stephanie M. Shern sold 4,000 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $17.91, for a total value of $71,640.00. Following the transaction, the director now directly owns 13,474 shares in the company, valued at approximately $241,319.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.80% of the stock is currently owned by company insiders.
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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