GameStop (GME) Receives Daily Media Sentiment Rating of 0.11

Media stories about GameStop (NYSE:GME) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GameStop earned a news impact score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.2397341400434 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Get GameStop alerts: 3 Reasons GameStop Stock Could Fall (finance.yahoo.com) GameStop Up For Sale As Internet Takes Over Video Game Marketplace (ibtimes.com) A Victim of Digital Downloads, GameStop Is Exploring a Buyout (investorplace.com) GameStop Might be Seeking Potential Buyers: What’s Behind? (finance.yahoo.com) Should Value Investors Pick Gamestop (GME) Stock? (finance.yahoo.com)

GME has been the subject of a number of research analyst reports. Zacks Investment Research cut GameStop from a “hold” rating to a “sell” rating in a report on Tuesday, March 20th. Credit Suisse Group set a $15.00 price target on GameStop and gave the stock a “hold” rating in a report on Tuesday, May 22nd. Wedbush set a $19.00 price target on GameStop and gave the stock a “buy” rating in a report on Sunday, April 1st. Loop Capital cut GameStop from a “buy” rating to a “hold” rating and lowered their price target for the stock from $25.31 to $14.00 in a report on Tuesday, April 3rd. Finally, Telsey Advisory Group lowered their price target on GameStop from $19.00 to $17.00 and set a “market perform” rating for the company in a report on Thursday, March 29th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.06.

GameStop stock traded down $0.01 during midday trading on Friday, reaching $15.52. 11,884,152 shares of the stock traded hands, compared to its average volume of 7,531,652. GameStop has a 12-month low of $12.20 and a 12-month high of $22.37. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 4.65, a price-to-earnings-growth ratio of 0.34 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.52 and a quick ratio of 0.45.

GameStop (NYSE:GME) last announced its earnings results on Friday, June 1st. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. GameStop had a return on equity of 13.92% and a net margin of 0.04%. The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period last year, the business posted $0.63 EPS. GameStop’s revenue for the quarter was down 5.5% on a year-over-year basis. equities research analysts anticipate that GameStop will post 3.08 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 26th. Investors of record on Tuesday, June 12th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 9.79%. The ex-dividend date is Monday, June 11th. GameStop’s dividend payout ratio (DPR) is 45.51%.

About GameStop

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. It operates in five segments: United States, Canada, Australia, Europe, and Technology Brands. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons; and digital products, such as downloadable content, network points cards, prepaid digital and prepaid subscription cards, and digitally downloadable software.

How to have a better relationship with money

Relationships with money can be complicated.

Most of us worry about our finances, but on the spectrum of money worriers, some people ignore their financial problems, while others focus on them too much.

"Either people are avoiders and they stick their heads in the sand, or they are worriers and those tend to be the people who want all the detail, and over-plan and over-analyze everything," said Amy Mullen, a certified financial planner and vice president of Money Quotient.

To get your money back in balance, experts offered the following tips:

Identify your money story

We all have a money story. You just might not know how it started.

Much of how we interact, manage and talk about money stems from lessons we learned (intentional and unintentional) as a child.

How parents and other role models approached money rubs off on us and influences our money decisions as an adult. It's important to evaluate why we take a certain approach to saving, spending and investing.

"A lot of people aren't even aware of their beliefs and how their behaviors form, and when you are not aware of these automatic behaviors, you aren't really in a position to make a decision to change them," said Mullen.

Set your goals

A major source of money anxiety stems from not having goals and a plan to achieve them.

Take the time to identify your goals �� and get very specific, recommended Steve Martin, a certified financial planner and director at BKD Wealth Advisors

It's not enough to want to retire early. Calculate when you want to leave the workforce and how much savings you will need to fund your desired lifestyle.

"When you have a specific goal, now it's a math problem of how you can get from where you are now to where you want to go," he said.

Schedule a weekly 20-minute money date

Having a little face time with your money will help foster a stronger relationship.

Sit down every week for about 20 minutes to review your checking and savings accounts, credit card balances, check in on your budget, and make any changes to help improve your finances.

"Being able to see where you are can improve your finances and be realistic with changes," said Stephanie Genkin, a certified financial planner and founder of My Financial Planner.

Ignore the Joneses

When it comes to you and your money �� three's a crowd.

"Don't compare yourself to others," said Martin. "When you do that, you are chasing goals that aren't your own and aren't tied to what is going to make you happy."

Make small, but effective changes

Small changes can lead to big improvements with your financial security.

"Automate savings, even if it's a small amount to come out of your paycheck and right into a separate account," said Genkin. "Try to participate enough in your 401(k) to get an employer match to reduce your taxable income."

Reduce your dependency on plastic

Putting everything on your credit card can lead to overspending and a debt spiral.

But you don't need to cut credit cards completely out of your life.

"Remove all the credit card information you have saved online," suggested Genkin. "Take the numbers out to make it a little less convenient for you to spend."