With 10.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.16 million shares. The 52-week range on GME shows that it touched its highest point at $64.83 and its lowest point at $17.70 during that stretch. It currently has a 1-year price target of $13.50. Beta for the stock currently stands at -0.66.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GME was up-trending over the past week, with a rise of 9.02%, but this was up by 7.54% over a month. Three-month performance surged to 6.89% while six-month performance rose 21.07%. The stock gained 57.63% in the past year, while it has lost -9.41% so far this year. A look at the trailing 12-month EPS for GME yields 0.27 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.08. This implies an EPS growth rate of 42.42% for this year and 0.00% for next year.
Float and Shares Shorts:
At present, 447.00 million GME shares are outstanding with a float of 408.69 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GME since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.13032 being high and $0.11968 being low. For GME, this leads to a yearly average estimate of $0.125. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.06.
