GameStop (GME) to Release Quarterly Earnings on Tuesday

GameStop (NYSE:GMEGet Free Report) will likely be issuing its quarterly earnings data before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $1.48 billion for the quarter.

GameStop Stock Performance

GameStop stock opened at $23.51 on Tuesday. GameStop has a 52 week low of $9.95 and a 52 week high of $64.83. The stock has a market capitalization of $10.51 billion, a P/E ratio of 130.64 and a beta of -0.29. The stock has a fifty day moving average of $26.47 and a 200-day moving average of $25.61.

Analyst Upgrades and Downgrades

Separately, Wedbush reaffirmed an “underperform” rating and issued a $10.00 target price on shares of GameStop in a report on Friday, December 6th.

Get Our Latest Research Report on GME

Insider Activity

In related news, General Counsel Mark Haymond Robinson sold 1,577 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $31.07, for a total transaction of $48,997.39. Following the transaction, the general counsel now directly owns 42,350 shares of the company’s stock, valued at approximately $1,315,814.50. This represents a 3.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel William Moore sold 895 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $31.07, for a total value of $27,807.65. Following the sale, the insider now directly owns 31,385 shares of the company’s stock, valued at $975,131.95. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 12.28% of the stock is owned by company insiders.

GameStop Company Profile

(Get Free Report)

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.

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Earnings History for GameStop (NYSE:GME)

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