GameStop Corp , a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe.
GameStop is a mid cap stock with a total market cap of 7.33B.
They trade on the NYSE and had their IPO 21 years and 4 months
GameStop currently employs 11000 people.
News Relating to $GME
InvestorPlace
3 Stocks to Short Before They Sink 75% (or More!)
Tuesday Jun 20 2023 at 08:38
I’ve earned a lot since the 2022 bear market began. I did this by shorting shares of overvalued companies.
InvestorPlace
Cut Your Losses: Say Goodbye to These 3 Struggling Stocks
Monday Jun 19 2023 at 08:45
For investors, it’s always difficult to know exactly when to say “enough is enough,” as struggling stocks lose value. It’s always tempting to hold on to positions, in the hope that a miraculous turnaround will materialize.
InvestorPlace
3 Meme Stocks to Sell before You Lose Your Shirt, Shorts and Shoes
Sunday Jun 18 2023 at 17:12
We’re back in a bull market, but it’s not close to being the same type of bull market that we saw from mid-2020 to early 2021. Obviously, unlike in that period, the vast majority of stocks aren’t rallying now, and meme stocks aren’t routinely soaring by a few hundred percent over a month or two.
Market Watch
Ryan Cohen attacks corporate America, and social media reacts: ‘Some of the realest truth in business today’
Friday Jun 16 2023 at 13:39
That was GameStop Corp.’s Executive Chairman Ryan Cohen, who launched a blistering attack on corporate America during the annual meeting for the video-game retailer and sometime-meme-stock darling Thursday.
InvestorPlace
Ryan Cohen Drives GME Stock Hype at GameStop Shareholder Meeting
Thursday Jun 15 2023 at 16:09
Ryan Cohen made a brief appearance at the GameStop (NYSE: GME ) shareholder meeting today. Though he wasn’t there for long, he made quite an impression.
24/7 Wall Street
GameStop’s New Leader Cohen Buys the Dip Along With Other Board Members
Wednesday Jun 14 2023 at 22:39
GME stock plunged 20% on June 7 in the wake of weak first-quarter results and the unexpected firing of CEO Matthew Furlong.
InvestorPlace
The Meme Stock Frenzy is Over: Sell These Seven Now
Wednesday Jun 14 2023 at 19:30
You may think a call to “sell meme stocks now” is an overreaction. After all, a fair number of meme names have performed well lately, suggesting a “renaissance” of sorts for this investing trend.
Market Watch
GameStop stock rises toward a 4th-straight gain, has surpassed where it was before CEO was fired
Wednesday Jun 14 2023 at 09:06
Shares of GameStop Corp. GME rose 0.6% toward a 6-month high in premarket trading Wednesday, putting them on track for a fourth-straight gain. After tumbling 17.9% on June 8, after the consumer electronics retailer and original “meme” stock surprisingly fired its chief executive officer, the stock has bounced back 25.7% to close Tuesday at the highest price since Dec. 2, 2022.
24/7 Wall Street
GameStop Up 8% as Cohen Buys 443k Shares
Tuesday Jun 13 2023 at 22:23
Chewy co-founder and activist investor Ryan Cohen bought an additional 443,842 shares in GameStop,
InvestorPlace
Ryan Cohen Just Bought $10 Million of GameStop (GME) Stock
Tuesday Jun 13 2023 at 13:14
GameStop (NYSE: GME ) stock is up more than 10% today after newly appointed Executive Chairman Ryan Cohen disclosed a $10 million insider purchase. On June 9, Cohen purchased 443,842 shares at average prices ranging between $22.24 and $22.90 through his investment vehicle, RC Ventures.
Insider Trading
(Original Source: SEC.GOV)
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Over the last 3 months, 3 insiders have bought $10.45M of common stock on the stock market with no insider selling.
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$GME’s Income Quality of -1.5 is lower than its Industry Group of -0.37 (-305.4% lower)
$GME’s Income Quality of -1.5 is lower than its Major Industry Group of 0.33 (-554.5% lower)
$GME’s Income Quality of -1.5 is lower than its Sector of 0.9 (-266.7% lower)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$GME’s Current Ratio of 1.74 is in line with its Industry Group of 1.73 (0.6% greater)
$GME’s Current Ratio of 1.74 is in line with its Major Industry Group of 1.79 (-2.8% lower)
$GME’s Current Ratio of 1.74 is greater than its Sector of 1.38 (26.1% greater)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Cannot compare a negative PE Ratio (-35.62 & -1.01)
Cannot compare a negative PE Ratio (-35.62 & -0.07)
Cannot compare a negative PE Ratio (-35.62 & 7.04)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
$GME’s PB Ratio of 5.65 is greater than its Industry Group of 0.83 (580.7% greater)
$GME’s PB Ratio of 5.65 is greater than its Major Industry Group of 2.36 (139.4% greater)
$GME’s PB Ratio of 5.65 is greater than its Sector of 1.48 (281.8% greater)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$GME’s ROE of -0.16 is greater than its Industry Group of -0.19 (15.8% greater)
$GME’s ROE of -0.16 is lower than its Major Industry Group of -0.11 (-45.5% lower)
$GME’s ROE of -0.16 is lower than its Sector of 0.09 (-277.8% lower)
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$GME’s ROCE of -0.12 is in line with its Industry Group of -0.12
$GME’s ROCE of -0.12 is lower than its Major Industry Group of -0.02 (-500.0% lower)
$GME’s ROCE of -0.12 is lower than its Sector of 0.07 (-271.4% lower)