EPS for GameStop Corp. (GME) Expected At $0.08

August 12, 2018 - By Alicia Butler

GameStop Corp. (NYSE:GME) LogoInvestors sentiment decreased to 1.11 in 2018 Q1. Its down 0.35, from 1.46 in 2017Q4. It dropped, 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.
First Citizens Bancorporation reported 15,926 shares or 0.03% of all its holdings. Moreover, State Street has 0% invested in GameStop Corp. (NYSE:GME) for 3.27M shares. Asset Mngmt One Ltd reported 0% in GameStop Corp. (NYSE:GME). Invesco reported 0% of its portfolio in GameStop Corp. (NYSE:GME). Howe Rusling reported 280 shares stake. Td Capital Mgmt Limited Liability Corporation invested in 0% or 128 shares. Ny State Common Retirement Fund holds 0% of its portfolio in GameStop Corp. (NYSE:GME) for 255,000 shares. Texas Permanent School Fund reported 67,066 shares stake. Stifel Fincl invested 0% of its portfolio in GameStop Corp. (NYSE:GME). 18,023 are held by Raymond James Associate. 55,567 are held by Bb&T Securities Ltd Liability. Geode Mngmt Limited Company stated it has 1.60M shares. Asset Incorporated reported 1.12M shares. S&T Bancshares Pa has 1.27% invested in GameStop Corp. (NYSE:GME). Renaissance Techs Ltd Liability Co reported 1.60M shares.

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 2.42M 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. Credit Suisse maintained the shares of GME in report on Tuesday, May 22 with “Hold” rating. The firm has “Hold” rating by Loop Capital given on Tuesday, April 3. The company was maintained on Thursday, March 29 by Benchmark. The firm earned “Underperform” rating on Thursday, March 29 by Bank of America.

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

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