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.