Gamestop Corporation (NYSE: GME) is -25.05% lower on its value in year-to-date trading and has touched a low of $9.95 and a high of $64.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GME stock was last observed hovering at around $21.10 in the last trading session, with the day’s gains setting it 2.39%.
Currently trading at $23.49, the stock is 0.77% and -5.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.44 million and changing 11.33% at the moment leaves the stock -5.34% off its SMA200. GME registered 106.41% gain for a year compared to 6-month gain of 9.31%. The firm has a 50-day simple moving average (SMA 50) of $24.84 and a 200-day simple moving average (SMA200) of $24.81505.
The stock witnessed a -2.93% loss in the last 1 month and extending the period to 3 months gives it a -23.39%, and is 8.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.32% over the week and 5.88% over the month.
Gamestop Corporation (GME) has around 6000 employees, a market worth around $10.50B and $3.82B in sales. Current P/E ratio is 88.44 and Fwd P/E is 65.25. Profit margin for the company is 3.43%. Distance from 52-week low is 136.08% and -63.77% from its 52-week high. The company has generated returns on investments over the last 12 months (2.53%).
with sales reaching $754.23M over the same period.The EPS is expected to grow by 37.88% this year, but quarterly earnings will post -6.92% year-over-year. Quarterly sales are estimated to shrink -14.47% in year-over-year returns.
Gamestop Corporation (GME) Top Institutional Holders
426.0 institutions hold shares in Gamestop Corporation (GME), with institutional investors hold 36.01% of the company’s shares. The shares outstanding are 447.00M, and float is at 409.13M with Short Float at 6.91%. Institutions hold 32.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.7 million shares valued at $733.26 million. The investor’s holdings represent 9.7086% of the GME Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.6 million shares valued at $557.98 million to account for 5.8487 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.07 million shares representing 2.0893% and valued at over $199.33 million, while CITADEL ADVISORS LLC holds 1.4838 of the shares totaling 5.73 million with a market value of $141.56 million.
Gamestop Corporation (GME) Insider Activity
The most recent transaction is an insider sale by Robinson Mark Haymond, the company’s General Counsel and Secretary. SEC filings show that Robinson Mark Haymond sold 4,687 shares of the company’s common stock on Apr 02 ’25 at a price of $22.53 per share for a total of $0.11 million. Following the sale, the insider now owns 37663.0 shares.
Gamestop Corporation disclosed in a document filed with the SEC on Apr 02 ’25 that Moore Daniel William (PFO and PAO) sold a total of 1,608 shares of the company’s common stock. The trade occurred on Apr 02 ’25 and was made at $22.53 per share for $36227.0. Following the transaction, the insider now directly holds 29777.0 shares of the GME stock.
Still, SEC filings show that on Apr 02 ’25, Mark Haymond Robinson (Officer) Proposed Sale 4,687 shares at an average price of $22.53 for $0.11 million. The insider now directly holds shares of Gamestop Corporation (GME).
