Gamestop Corporation (NYSE:GME) has a beta value of -0.73 and has seen 3.64 million shares traded in the recent trading session. The company, currently valued at $10.14B, closed the recent trade at $22.69 per share which meant it gained $0.08 on the day or 0.35% during that session. The GME stock price is -185.72% off its 52-week high price of $64.83 and 56.15% above the 52-week low of $9.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 25.2 million shares traded. The 3-month trading volume is 8.93 million shares.
The consensus among analysts is that Gamestop Corporation (GME) is Hold stock at the moment, with a recommendation rating of 5.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 8 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
Gamestop Corporation (NYSE:GME) trade information
Sporting 0.35% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GME stock price touched $22.69 or saw a rise of 13.66%. Year-to-date, Gamestop Corporation shares have moved -27.60%, while the 5-day performance has seen it change -19.99%. Over the past 30 days, the shares of Gamestop Corporation (NYSE:GME) have changed -6.63%. Short interest in the company has seen 28.26 million shares shorted with days to cover at 5.55.
Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could drop -26.06% from the levels at last check today. The projected low price target is $11.0 while the price target rests at a high of $25.0. In that case, then, we find that the latest price level in today’s session is -10.18% off the targeted high while a plunge would see the stock lose 51.52% from the levels at last check today.
Gamestop Corporation (GME) estimates and forecasts
The company’s shares have lost -1.05% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -6.92%.
2 analysts offering their estimates for the company have set an average revenue estimate of 754.23M for the current quarter. 2 have an estimated revenue figure of 748.17M for the next ending quarter. Year-ago sales stood 881.8M and 798.3M respectively for this quarter and the next, and analysts expect sales will shrink by -14.47% for the current quarter and -6.92% for the next. Earnings growth for 2025 is a modest 37.88% while over the next 5 years, the company’s earnings are expected to increase by 12.51%.
GME Dividends
Gamestop Corporation is expected to release its next earnings report on 2025-Mar-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gamestop Corporation (NYSE:GME)’s Major holders
Insiders own 8.48% of the company shares, while shares held by institutions stand at 32.90% with a share float percentage of 35.95%. Investors are also buoyed by the number of investors in a company, with Gamestop Corporation having a total of 425.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 29.7 million shares worth more than $733.26 million. As of 2024-06-30, VANGUARD GROUP INC held 9.7086% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 22.6 million shares as of 2024-06-30. The firm’s total holdings are worth over $557.98 million and represent 5.8487% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Feb 28, 2025, the former fund manager holds about 2.95% shares in the company for having 13.21 shares of worth $298.97 million while later fund manager owns 12.6 shares of worth $285.14 million as of Dec 31, 2024, which makes it owner of about 2.82% of company’s outstanding stock.
