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:
- Higher Risky stock is more profitable: GameStop Corp. (GME) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- In Play Stock Characteristics – GameStop Corp (NYSE: GME) – Alpha Beta Stock (alphabetastock.com)
- Technical summary on GameStop Corp. (GME) – Wall Street Morning (wallstreetmorning.com)
- Gamestop Corp (GME) How Do the Technical Vary? – ExpertGazette (expertgazette.com)
- GameStop Declares Quarterly Cash Dividend – GlobeNewswire (press release) (globenewswire.com)
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.
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.
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.
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.