GameStop Corp. (NYSE: GME) has reported E.P.S. of $0.04 for its third fiscal quarter (ending October 31) versus $-0.01 for the same period a year ago. For the latest four quarters through October 31, E.P.S. were $0.21 compared to $-0.02 a year ago.
Recent Price Action
GameStop Corp. (NYSE: GME) stock closed at $26.93 on 12/10/24 after a decline of -3.6%. Moreover, this decline was accompanied by unusually high trading volume at 175% of normal. The stock has declined -1.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
GameStop has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. GameStop has a very low Appreciation Score of 14 but a very high Power Rating of 96, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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