Gamestop Corp Stock Today
| GME Stock | USD 10.16 0.15 1.50% |
Performance0 of 100
| Odds Of DistressLess than 11
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GameStop Corp is trading at 10.16 as of the 24th of April 2024, a 1.50 percent increase since the beginning of the trading day. The stock's lowest day price was 10.01. GameStop Corp has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for GameStop Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 13th of February 2002 | Category Consumer Cyclical | Classification Consumer Discretionary |
GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas. The company has 305.87 M outstanding shares of which 65.69 M shares are currently shorted by investors with about 12.66 days to cover. More on GameStop Corp
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GameStop Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GameStop Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GameStop Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Julian Raines | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [GERATHERM MEDICAL - Dusseldorf Stock Exchang, Geratherm Medical AG, GME Resources Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Computer & Electronics Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Midcap 400, Toys, Online Gaming, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering GameStop Corp report their recommendations after researching GameStop Corp's financial statements, talking to executives and customers, or listening in on GameStop Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GameStop Corp. The GameStop consensus assessment is calculated by taking the average forecast from all of the analysts covering GameStop Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of GameStop Corp's profitability, liquidity, and operating efficiency, GameStop Corp may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of GameStop Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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GameStop Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GameStop Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GameStop Corp's financial leverage. It provides some insight into what part of GameStop Corp's total assets is financed by creditors.
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GameStop Corp (GME) is traded on New York Stock Exchange in USA. It is located in 625 Westport Parkway, Grapevine, TX, United States, 76051 and employs 8,000 people. GameStop Corp is listed under Computer & Electronics Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GameStop Corp's market, we take the total number of its shares issued and multiply it by GameStop Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GameStop Corp runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 305.87 M outstanding shares of which 65.69 M shares are currently shorted by investors with about 12.66 days to cover.
GameStop Corp has about 1.14 B in cash with (203.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0.
Check GameStop Corp Probability Of Bankruptcy
Ownership AllocationGameStop Corp has a total of 305.87 Million outstanding shares. GameStop Corp retains significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the GameStop Corp stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check GameStop Ownership Details
GameStop Stock Price Odds Analysis
What are GameStop Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of GameStop Corp jumping above the current price in 90 days from now is about 98.0%. The GameStop Corp probability density function shows the probability of GameStop Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3063. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GameStop Corp will likely underperform. Additionally, gameStop Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of GameStop Corp to move above the current price in 90 days from now is about 98.0 (This GameStop Corp probability density function shows the probability of GameStop Stock to fall within a particular range of prices over 90 days) .
GameStop Stock Institutional Holders
Institutional Holdings refers to the ownership stake in GameStop Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GameStop Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GameStop Corp's value.| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 955.5 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 819.3 K | |
| Rhumbline Advisers | 2023-12-31 | 782.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 774.3 K | |
| Swiss National Bank | 2023-12-31 | 541.4 K | |
| Legal & General Group Plc | 2023-12-31 | 493.5 K | |
| Amvescap Plc. | 2023-12-31 | 472 K | |
| Alliancebernstein L.p. | 2023-12-31 | 440 K | |
| Credit Suisse First Boston (csfb) | 2023-12-31 | 413.2 K | |
| Vanguard Group Inc | 2023-12-31 | 25.5 M | |
| Blackrock Inc | 2023-12-31 | 22.5 M |
GameStop Corp Historical Income Statement
GameStop Corp Income Statement is one of the three primary financial statements used for reporting GameStop's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GameStop Corp revenue and expense. GameStop Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, GameStop Corp's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.8 B, whereas Operating Income is projected to grow to (28.2 M). View More FundamentalsGameStop Stock Against Markets
Picking the right benchmark for GameStop Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GameStop Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GameStop Corp is critical whether you are bullish or bearish towards GameStop Corp at a given time. Please also check how GameStop Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in GameStop Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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GameStop Corp Corporate Directors
GameStop Corp corporate directors refer to members of a GameStop Corp board of directors. The board of directors generally takes responsibility for the GameStop Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of GameStop Corp's board members must vote for the resolution. The GameStop Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jerome Davis | Independent Director | Profile | |
| Raul Fernandez | Independent Director | Profile | |
| Alain Attal | Independent Director | Profile | |
| Steven Koonin | Independent Director | Profile |
How to buy GameStop Stock?
Before investing in GameStop Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GameStop Corp. To buy GameStop Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of GameStop Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase GameStop Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located GameStop Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased GameStop Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GameStop Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GameStop Stock please use our How to Invest in GameStop Corp guide.
Already Invested in GameStop Corp?
The danger of trading GameStop Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GameStop Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GameStop Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GameStop Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for GameStop Stock analysis
When running GameStop Corp's price analysis, check to measure GameStop Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GameStop Corp is operating at the current time. Most of GameStop Corp's value examination focuses on studying past and present price action to predict the probability of GameStop Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GameStop Corp's price. Additionally, you may evaluate how the addition of GameStop Corp to your portfolios can decrease your overall portfolio volatility.
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Is GameStop Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GameStop Corp. If investors know GameStop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.259 | Earnings Share 0.02 | Revenue Per Share 17.282 | Quarterly Revenue Growth (0.19) | Return On Assets (0.01) |
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.