GameStop Corporation which can be found using ticker (GME) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The range between the high target price and low target price is between 20 and 6.5 with the average target price sitting at $13.25. Given that the stocks previous close was at $23.17 this indicates there is a potential downside of -42.8%. Also worth taking note is the 50 day moving average now sits at $20.30 and the 200 moving average now moves to $26.11. The market cap for the company is $6,809m. Visit the company website at: https://www.gamestop.com
The potential market cap would be $3,894m 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.
