According to Zacks Investment Research, GameStop (NYSE: GME) will report $1.46 as its 4th quarter earnings per share. The expected earnings range of the stock stands between a high of $1.72 and a low of $1.22 per share for the current quarter.
For the corresponding quarter previous year, the company posted an EPS of $1.27. This suggests a positive yearly growth rate of 15%. Analysts expect GameStop to post its Q4 earnings report on the 25th of March.
Further estimates from Zacks Investment Research suggest that the company will report $2.07 EPS as its FY2020. In this case, analysts’ estimates range from $1.82 to $2.31. The company is expected to announce $0.06 as FY2021 EPS.
GME stocks traded at $265.00 this Thursday. The company’s current market capitalization stands at $18.48 billion. It has a negative PE ratio of 62.35 along with a beta of 1.40 at the moment. The 12-monthly high to low ranges from $483.00 to $2.57. The 50SMA (50 Days Simple Moving Average) stands at $106.72 and its 200SMA stands at $36.81.
NYSE: GME Stock Analysis
The quarterly earnings report for the previous fiscal quarter was released by the company on the 7th of December. The earnings stood at $0.53 EPS for that quarter as opposed to the general consensus of $0.85 proposed by analysts at Thomson Reuters. The company’s return on equity currently stands at -33.58% along with a net margin of -5.32%.
The company has recently been the subject of a lot of reports by equities analysts. Some such as Wedbush, Benchmark, Telsey Advisory Group, Standpoint Research, and so on have posted reports on this firm over the last few months.
Among the analysts who have posted reports on this company, three have issued a “Sell” rating. A majority of five analysts have given it a “Hold” rating. Therefore, the recent consensus rating of NYSE: GME stands at “Hold” and the consensus on the target price is $11.94. Several hedge funds have also altered their shareholdings of this company recently.
