GameStop Corporation with ticker code (GME) now have 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The range between the high target price and low target price is between 20 and 6.5 suggesting an average Analsyt target price of $13.25. Given that the stocks previous close was at $22.28 this would imply there is a potential downside of -40.5%. The day 50 moving average is $20.44 while the 200 day moving average is $25.58. The company has a market capitalization of $6,584m. You can visit the company’s website by visiting: https://www.gamestop.com
The potential market cap would be $3,916m based on the market consensus.
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts, as well as engages in the digital asset wallet and NFT marketplace activities. The company operates stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer magazine, a print and digital gaming publication. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.
The company is not paying dividends at this time.
