GameStop Corp. (NYSE:GME) gapped down prior to trading on Monday . The stock had previously closed at $21.42, but opened at $19.96. GameStop shares last traded at $17.76, with a volume of 15441329 shares.

A number of equities research analysts have weighed in on GME shares. Zacks Investment Research upgraded GameStop from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Wednesday, October 25th. Credit Suisse Group set a $20.00 target price on GameStop and gave the stock a “hold” rating in a report on Saturday, November 25th. Wedbush set a $25.00 target price on GameStop and gave the stock a “buy” rating in a report on Thursday, November 16th. Benchmark reiterated a “sell” rating and issued a $15.00 target price (down from $18.00) on shares of GameStop in a report on Wednesday, November 22nd. Finally, SunTrust Banks reiterated a “buy” rating and issued a $25.00 target price on shares of GameStop in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $22.42.

The firm has a market cap of $1,740.00, a price-to-earnings ratio of 5.02, a P/E/G ratio of 0.36 and a beta of 1.26. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.38 and a current ratio of 1.20.

GameStop (NYSE:GME) last released its quarterly earnings data on Tuesday, November 21st. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.11. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. equities analysts predict that GameStop Corp. will post 3.25 earnings per share for the current year.

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

Several large investors have recently made changes to their positions in GME. Schwab Charles Investment Management Inc. boosted its position in shares of GameStop by 9.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 623,208 shares of the company’s stock valued at $13,468,000 after buying an additional 52,419 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of GameStop by 8.1% during the second quarter. Victory Capital Management Inc. now owns 17,756 shares of the company’s stock valued at $384,000 after buying an additional 1,327 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of GameStop by 3.1% during the second quarter. Principal Financial Group Inc. now owns 431,245 shares of the company’s stock valued at $9,319,000 after buying an additional 13,114 shares during the last quarter. Swiss National Bank boosted its position in shares of GameStop by 2.2% during the second quarter. Swiss National Bank now owns 171,482 shares of the company’s stock valued at $3,706,000 after buying an additional 3,700 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of GameStop by 4.4% during the second quarter. JPMorgan Chase & Co. now owns 122,532 shares of the company’s stock valued at $2,647,000 after buying an additional 5,118 shares during the last quarter.

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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.

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