Somewhat Negative Media Coverage Somewhat Unlikely to Impact GameStop (GME) Share Price

News coverage about GameStop (NYSE:GME) has trended somewhat negative this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. GameStop earned a coverage optimism score of 0.00 on Accern’s scale. Accern also gave media headlines about the company an impact score of 44.3426217850665 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

Shares of GameStop (NYSE GME) opened at $15.62 on Friday. The firm has a market capitalization of $1,589.47, a PE ratio of 4.55, a price-to-earnings-growth ratio of 0.32 and a beta of 1.25. GameStop has a twelve month low of $15.10 and a twelve month high of $26.68. The company has a current ratio of 1.20, a quick ratio of 0.38 and a debt-to-equity ratio of 0.35.

GameStop (NYSE:GME) last announced its quarterly earnings data on Tuesday, November 21st. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.11. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.98 billion. GameStop had a return on equity of 16.50% and a net margin of 3.98%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. equities analysts anticipate that GameStop will post 3.26 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Monday, March 5th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, March 2nd. This represents a $1.52 annualized dividend and a yield of 9.73%. GameStop’s dividend payout ratio is currently 44.31%.

A number of research analysts recently issued reports on the company. Zacks Investment Research cut GameStop from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Credit Suisse Group set a $20.00 price target on GameStop and gave the company a “hold” rating in a report on Saturday, November 25th. Vetr cut GameStop from a “strong-buy” rating to a “hold” rating and set a $16.58 price target for the company. in a report on Friday, November 17th. Loop Capital set a $26.00 price target on GameStop and gave the company a “buy” rating in a report on Friday, January 12th. Finally, ValuEngine cut GameStop from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $22.23.

In other news, Director Stephanie M. Shern sold 4,000 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $17.91, for a total value of $71,640.00. Following the completion of the sale, the director now directly owns 13,474 shares of the company’s stock, valued at approximately $241,319.34. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 2.80% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was originally published by BBNS and is the sole property of of BBNS. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://baseballnewssource.com/markets/somewhat-negative-media-coverage-somewhat-unlikely-to-impact-gamestop-gme-share-price/1908634.html.

About GameStop

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.

Insider Buying and Selling by Quarter for GameStop (NYSE:GME)

Receive News & Ratings for GameStop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GameStop and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Red Sox: J.D. Martinez Continues His Physical at Spring Training Facility
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Three-Way Trade Sends Souza to Diamondbacks and Drury to Yankees
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish


Leave a Reply

 
© 2006-2018 BBNS.