EPS for GameStop Corp. (GME) Expected At $0.37

May 18, 2018 - By Ned Sandoval

GameStop Corp. (NYSE:GME) LogoInvestors sentiment increased to 1.46 in Q4 2017. Its up 0.39, from 1.07 in 2017Q3. It increased, as 37 investors sold GameStop Corp. shares while 70 reduced holdings. 56 funds opened positions while 100 raised stakes. 108.87 million shares or 8.64% more from 100.21 million shares in 2017Q3 were reported.
Parametric Port Limited Liability holds 0.01% of its portfolio in GameStop Corp. (NYSE:GME) for 758,089 shares. Acadian Asset Management Ltd Liability Co holds 0% or 303 shares in its portfolio. Moreover, Meeder Asset has 0.06% invested in GameStop Corp. (NYSE:GME) for 39,137 shares. First Tru Advsr L P has 637,185 shares. Hightower Advsr Ltd Limited Liability Company holds 0% or 11,700 shares in its portfolio. Louisiana State Employees Retirement Systems invested in 0.02% or 25,600 shares. Tci Wealth Advisors Inc has invested 0% of its portfolio in GameStop Corp. (NYSE:GME). Commonwealth Bankshares Of invested in 0.07% or 385,126 shares. Amp Capital Invsts, a Australia-based fund reported 90,901 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 0.01% stake. 55,237 were reported by Hays Advisory. New York-based Armistice Capital Ltd Liability has invested 1.43% in GameStop Corp. (NYSE:GME). Aqr Capital Limited Liability Com has 0.06% invested in GameStop Corp. (NYSE:GME). The Ohio-based Pub Employees Retirement Sys Of Ohio has invested 0.01% in GameStop Corp. (NYSE:GME). Tarbox Family Office Inc holds 0% or 58 shares.

Analysts expect GameStop Corp. (NYSE:GME) to report $0.37 EPS on May, 24.They anticipate $0.26 EPS change or 41.27 % from last quarter’s $0.63 EPS. GME’s profit would be $37.60 million giving it 9.20 P/E if the $0.37 EPS is correct. After having $2.02 EPS previously, GameStop Corp.’s analysts see -81.68 % EPS growth. The stock increased 0.52% or $0.07 during the last trading session, reaching $13.62. About 2.91M shares traded. GameStop Corp. (NYSE:GME) has declined 33.43% since May 18, 2017 and is downtrending. It has underperformed by 44.98% 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 7 analyst reports since November 22, 2017 according to SRatingsIntel. Bank of America downgraded GameStop Corp. (NYSE:GME) on Thursday, March 29 to “Underperform” rating. The rating was maintained by Benchmark on Thursday, March 29 with “Sell”. As per Wednesday, January 10, the company rating was maintained by Robert W. Baird. As per Tuesday, April 3, the company rating was downgraded by Loop Capital. Credit Suisse maintained it with “Hold” rating and $20.0 target in Wednesday, November 22 report. Benchmark maintained the stock with “Sell” rating in Wednesday, November 22 report.

GameStop Corp. operates as an omnichannel video game retailer. The company has market cap of $1.38 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 40.06 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 notable recent GameStop Corp. (NYSE:GME) news were published by: Seekingalpha.com which released: “GameStop: Stock Performance Has Diverged From Financials” on May 07, 2018, also Seekingalpha.com with their article: “GameStop jumps after Tiger Management digs in” published on May 16, 2018, Streetinsider.com published: “GameStop (GME) CEO Michael Mauler Resigns; Daniel A. DeMatteo to Serve as Interim CEO” on May 11, 2018. More interesting news about GameStop Corp. (NYSE:GME) were released by: Seekingalpha.com and their article: “GameStop: The End Of An Era” published on April 24, 2018 as well as Streetinsider.com‘s news article titled: “BofA/Merrill Lynch Reiterates Underperform on GameStop (GME) as Software Sales Fall Slightly” with publication date: May 18, 2018.

GameStop Corp. (NYSE:GME) Institutional Positions Chart

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