Should you buy GME stock?
Find the latest GameStop Corp. (GME) stock quote, history, news and other vital information to help you with your stock trading and investing.
Is GME stock worth buying?
GME | Complete GameStop Corp. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Is GME stock overvalued?
Apr 13, 2022 · 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 stock has increased by 3,399.3% and is now trading at $144.87. View which stocks have been most impacted by COVID-19.
How many shares of GME?
GameStop Corporation Common Stock (GME) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.
What is a good price for GME stock?
GME Price/Volume StatsCurrent price$151.9552-week highDay low$138.20VolumeDay high$158.16Avg. volume50-day MA$110.74Dividend yield200-day MA$165.07Market Cap1 more row
Is GME stock a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
What was GME highest stock price?
GameStop - Stock Price History | GMEThe all-time high GameStop stock closing price was 347.51 on January 27, 2021.The GameStop 52-week high stock price is 344.66, which is 128.7% above the current share price.The GameStop 52-week low stock price is 77.58, which is 48.5% below the current share price.More items...
What is GME stock price target?
Analyst Price Target on GME Based on 2 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $65.00 with a high forecast of $100.00 and a low forecast of $30.00. The average price target represents a -63.07% change from the last price of $176.00.
Is GME a good investment?
GameStop (ticker: GME), the original meme stock, has been one of the best performers this year. Its shares have gained 707% to $152.14 in 2021, easily outpacing the S&P 500's 26% rise and the Dow Jones Industrial Average's 17% gain.Dec 27, 2021
Should I hold GME?
However, if you're looking to diversify your momentum stock portfolio, GME stock could be a good stock to hold. Otherwise, you're better off buying the heavier shorted stock that is significantly more affordable at the moment, AMC.
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.
What is the highest stock price for AMC?
AMC Entertainment Holdings - Stock Price History | AMCThe all-time high AMC Entertainment Holdings stock closing price was 62.55 on June 02, 2021.The AMC Entertainment Holdings 52-week high stock price is 72.62, which is 303% above the current share price.More items...
What is short squeeze in stock market?
A short squeeze is an unusual condition that triggers rapidly rising prices in a stock or other tradable security. For a short squeeze to occur, the security must have an unusual degree of short sellers holding positions in it. The short squeeze begins when the price jumps higher unexpectedly.
Is GME expected to go up?
Given the current short-term trend, the stock is expected to rise 6.81% during the next 3 months and, with a 90% probability hold a price between $86.35 and $203.34 at the end of this 3-month period.Apr 2, 2022
What is the future of GME?
Future price of the stock is predicted at 215.07426318106$ (42.651% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 142.651$ on 2023 April 16, Sunday.
Is GameStop stock overvalued?
GameStop's stock is substantially overvalued at current trading levels based on any reasonable assessment of business value.Mar 18, 2022
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.
GME Stock Peers
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.
GameStop and Struggling Retail Peers
There’s no question GME is a story stock. 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.
What if Things Get Better?
Abercrombie, Party City and Bed, Bath & Beyond have an average forward earnings multiple of 13.35, according to Finviz. Unfortunately, the problem with comparing GameStop to these other struggling peers is that GameStop isn’t expected to be profitable in fiscal 2022 or even fiscal 2023.
GME Stock True Value
Let’s now assume for the sake of argument that GameStop bulls are correct. The company takes a 180-degree turn and becomes profitable once again and gets back on the path of long-term growth. How does it’s current valuation compare to other profitable, growing retailers?
