Gamestop Corporation (NYSE:GME) is set to announce its earnings results after the market closes on Tuesday, November 21st. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Gamestop Corporation has set its FY18 guidance at $3.10-3.40 EPS.
Gamestop Corporation (NYSE:GME) last posted its quarterly earnings data on Thursday, August 24th. The company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01). The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.64 billion. Gamestop Corporation had a net margin of 3.90% and a return on equity of 16.66%. Gamestop Corporation’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 earnings per share. On average, analysts expect Gamestop Corporation to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of Gamestop Corporation (GME) opened at $16.31 on Friday. The firm has a market capitalization of $1,640.00, a P/E ratio of 4.44, a PEG ratio of 0.33 and a beta of 1.24. Gamestop Corporation has a fifty-two week low of $15.85 and a fifty-two week high of $26.84. The company has a quick ratio of 0.49, a current ratio of 1.34 and a debt-to-equity ratio of 0.35.
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Several equities research analysts have recently weighed in on GME shares. BidaskClub downgraded Gamestop Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Zacks Investment Research downgraded Gamestop Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Telsey Advisory Group downgraded Gamestop Corporation from an “outperform” rating to a “market perform” rating in a report on Friday, August 11th. Loop Capital reissued a “buy” rating and issued a $28.00 price objective on shares of Gamestop Corporation in a report on Wednesday, August 23rd. Finally, Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Gamestop Corporation in a report on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $24.04.
Gamestop Corporation Company Profile
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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