GameStop Corp. (NYSE: GME) went up by 1.88% from its latest closing price when compared to the 1-year high value of $17.27, while GME stocks remain unchanged in the last five trading sessions.
GameStop Corp. (NYSE: GME) Worth an Investment?
GameStop Corp. (NYSE: GME) The 36 Months beta value for GME stocks is at 0.62, while 2 of the analysts out of 11 who provided ratings for GameStop Corp. stocks as a “buy” while 0 as overweight, 6 rated it as hold and 1 as sell. The average price we get from analysts is $10.20 which is $1.4 above current price. GME currently has a short float of 39.96% and public float of 98.33M with average trading volume of 3.84M shares.
GME Market Performance
GME stocks remain unchanged for the week, with the monthly drop of -2.80% and a quarterly performance of -24.24%, while its annual performance rate touched -34.46%. The simple moving average for the period of the last 20 days is -0.65% for GME stocks with the simple moving average of -33.68% for the last 200 days.
Analysts’ Opinion on GameStop Corp. (NYSE: GME)
Many brokerage firms have already submitted their reports for GME stocks, with Telsey Advisory Group repeating the rating for GME shares by setting it to “Market Perform”. The predicted price for GME socks in the upcoming period according to Telsey Advisory Group is $10 based on the research report published on April 3, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see GME stock at the price of $5, previously predicting the value of $9. The rating they have provided for GME stocks is “Underperform” according to the report published on April 3, 2019.
BofA/Merrill gave “ Underperform” rating to GME stocks, setting the target price at $9 in the report published on March 8, 2019.
GME Stocks -11.21% Far from 50 Day Moving Average
After a stumble in the market that brought GME to its low price for the period of the last 52 weeks, GameStop Corp. was unable to take a rebound, for now settling with -49.68% of loss for the given period.
The stock volatility was left at 2.88%, however, within the period of a single month, the volatility rate increased by 2.82%, while the shares sank at the distance of -4.30% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -25.09% lower at the present time.
In the course of the last 5 trading sessions, GME remain unchanged, which changed the moving average for the period of 200 days to the total of -41.40% of losses for the stock in comparison to the 20-day moving average settled at $8.73. In addition, GameStop Corp. saw -31.14% in overturn over the period of a single year with a tendency to cut further losses.
GME Stock Fundamentals
The current profitability levels are settled at +3.75 for the present operating margin and +26.58 for gross margin. The net margin for GameStop Corp. stands at -9.59. Total capital return value is set at 11.98, while invested capital returns managed to touch -32.84. Equity return holds the value -37.40%, with -15.60% for asset returns.
Based on GameStop Corp. (GME), the company’s capital structure generated 61.43 points for debt to equity in total, while total debt to capital is set at the value of 38.05. Total debt to assets is settled at the value of 20.30 with long-term debt to equity ratio rests at 35.29 and long-term debt to capital is 21.86.
EBITDA value lies at +221.40 M with total debt to EBITDA carrying the value of 1.97. The value for Enterprise to Sales is 0.01 with debt to enterprise value settled at 2.40. The receivables turnover for GameStop Corp. is 52.29 with the total asset turnover at the value of 1.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.