Should you Buy GameStop stock?
Apr 10, 2022 · GameStop Stock Forecast, Price & News $141.00 +17.86 (+14.50%) (As of 03/23/2022 12:00 AM ET) Today's Range $126.55 $150.93 50-Day Range $78.11 $128.33 52-Week Range $77.58 $344.66 Volume 24.49 million shs Average Volume 3.80 million shs Market Capitalization $10.76 billion P/E Ratio N/A Dividend Yield N/A Beta -1.61 Profile Analyst Ratings
Who is buying GameStop stock?
Apr 05, 2022 · The Gamestop Corporation stock price fell by -7.83% on the last day (Friday, 11th Mar 2022) from $100.56 to $92.69. and has now fallen 3 days in a row. During the day the stock fluctuated 11.02% from a day low at $92.69 to a day high of $102.90. The price has fallen in 6 of the last 10 days and is down by -21.83% for this period.
How to Buy GameStop stock?
Jun 16, 2021 · Based on cash flow and sales, GameStop shares are overvalued by an average of about 70%. Based on the valuation metrics above and GameStop’s current share price, a realistic valuation for GME stock...
How to Buy GameStop shares?
Feb 08, 2022 · What happened with Gamestop Stock? On January 11th, shares of GameStop saw their first real push as the stock gained 12.72% in a single session. A significant move for a stock like GameStop but nothing that really caught the market’s attention. Two days later on January 13th, the stock rose 57.39% and hit $31.40 per share.
Is GameStop stocks a good buy?
Despite the recent uptick in sales, GameStop stock remains a high-risk bet. Launching an NFT marketplace might seem ground-breaking, but it might also be a virtual craze that fizzles out quickly.Jan 20, 2022
What is GameStop's stock going to be?
Stock Price Forecast The 4 analysts offering 12-month price forecasts for GameStop Corp have a median target of 58.85, with a high estimate of 90.00 and a low estimate of 23.00. The median estimate represents a -63.60% decrease from the last price of 161.66.
What is GameStop worth right now?
Betting On GameStop Anyway And made the company worth more than $13 billion, which is more than about a quarter of the companies in the S&P 500.Mar 14, 2022
Is GameStop a buy or sell?
GameStop has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.
Is GameStop stock predicted to go up?
Given the current short-term trend, the stock is expected to rise 31.66% during the next 3 months and, with a 90% probability hold a price between $124.44 and $260.93 at the end of this 3-month period.
What does it mean when a stock is squeezed?
The term squeeze can be used to describe several situations that involve some sort of market pressure. In finance, the term is used to describe situations wherein short-sellers purchase stock to cover losses or when investors sell long positions to take capital gains off the table.
How much is GameStop worth 2022?
GameStop net worth as of April 05, 2022 is $11.72B. GameStop Corp. is the world's largest video game and entertainment software retailer.
Who owns GameStop stores?
GameStopLogo since 2000FormerlyBabbage's (1984–1999)Total equityUS$436 million (2020)Number of employees12,000 full-time 17,000-23,000 part-time (2020)ParentNeoStar Retail Group (1994–1996) Babbage's Etc. (1996–1999) Barnes & Noble (1999–2004)18 more rows
How do I buy stock in GameStop?
How to buy shares in GameStopCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Whats is GameStop?
What is GameStop? GameStop is an American high street shop that sells games, consoles and other electronics. The sort of thing you'd find between a doughnut shop and a makeup retailer in an American mall.Jan 28, 2021
Is GameStop stock a buy Zacks?
- Sell. Zacks' proprietary data indicates that GameStop Corp. is currently rated as a Zacks Rank 5 and we are expecting a below average return from the GME shares relative to the market in the next few months.
How much is GME shorted right now?
GME shares shorted are now 27.13 million.
Is GameStop a buy right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 4 sell ratings for...
How has GameStop's stock price been impacted by COVID-19 (Coronavirus)?
GameStop's stock was trading at $4.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organiz...
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, June 8th 2022. View our earnings forecast for GameStop .
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) released its quarterly earnings results on Thursday, March, 17th. The company reported ($1.86) earnings per share (EPS) f...
What price target have analysts set for GME?
4 brokerages have issued 12 month target prices for GameStop's shares. Their forecasts range from $30.00 to $146.00. On average, they anticipate Ga...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. James Anthony Bell , Sr. Adviser (Age 54, Pay $895.52k) Mr. Matthew Furlong , Pre...
What is George Sherman's approval rating as GameStop's CEO?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com . George Sherman has an approval rating of 26% among GameStop's employees. T...
Who are some of GameStop's key competitors?
Some companies that are related to GameStop include Tractor Supply (TSCO) , Carvana (CVNA) , Best Buy (BBY) , H & M Hennes & Mauritz AB (publ)...
What other stocks do shareholders of GameStop own?
Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE) , AT...
Is GameStop a buy right now?
What stocks does MarketBeat like better than GameStop?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 5 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" GameStop stock.#N#View analyst ratings for GameStop or view top-rated stocks.
How were GameStop's earnings last quarter?
Wall Street analysts have given GameStop a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but GameStop wasn't one of them.
How has GameStop's stock been impacted by COVID-19 (Coronavirus)?
GameStop Corp. (NYSE:GME) announced its quarterly earnings results on Wednesday, September, 8th. The company reported ($0.76) EPS for the quarter, missing the Zacks' consensus estimate of ($0.67) by $0.09. The business earned $1.18 billion during the quarter, compared to analyst estimates of $1.12 billion.
What price target have analysts set for GME?
GameStop's stock was trading at $4.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GME shares have increased by 4,701.9% and is now trading at $198.80.#N#View which stocks have been most impacted by COVID-19.
What is George Sherman's approval rating as GameStop's CEO?
7 Wall Street analysts have issued 1-year target prices for GameStop's shares. Their forecasts range from $5.00 to $50.00. On average, they expect GameStop's share price to reach $22.00 in the next twelve months.
Who are some of GameStop's key competitors?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com. George Sherman has an approval rating of 26% among GameStop's employees. This puts George Sherman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
Signals & Forecast
Some companies that are related to GameStop include Carvana (CVNA), Coupang (CPNG), Chipotle Mexican Grill (CMG), Dollar General (DG), ITOCHU (ITOCY), eBay (EBAY), Walgreens Boots Alliance (WBA), Match Group (MTCH), Ross Stores (ROST), O'Reilly Automotive (ORLY), Seven & i (SVNDY), Yum! Brands (YUM), Compass Group (CMPGY), The Kroger (KR) and AutoZone (AZO).#N#View all of GME's competitors..
Support, Risk & Stop-loss
The Gamestop Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Gamestop Corporation stock A Buy?
Gamestop Corporation finds support from accumulated volume at $190.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
How much revenue did GameStop make in the first quarter?
Gamestop Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Who is Wayne Duggan?
Its business is in a terrible place. In the first quarter, GameStop reported $1.28 billion in first-quarter revenue, down 17.4% from pre-pandemic numbers in 2019. The company also reported a net loss of $66.8 million.
Is GME stock overvalued?
Wayne Duggan has been a U.S. News & World Report Investing contributor since 2016 and is a staff writer at Benzinga, where he has written more than 7,000 articles. Mr.
Is GameStop profitable in 2022?
For sure, GME stock is overvalued compared to where it was just a year ago. The stock is up 4,760% in the past 12 months. But GME stock bulls would argue that short sellers had simply made the stock extremely undervalued a year ago. Unlike the cryptocurrencies that are popular on social media these days, stocks actually represent ownership stakes ...
