Gamestop Corp Stock Today

GME Stock  USD 29.05  1.84  5.96%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
GameStop Corp is trading at 29.05 as of the 30th of November 2024, a 5.96% down since the beginning of the trading day. The stock's lowest day price was 28.85. GameStop Corp has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Note, on July 13, 2021, Representative Michael Garcia of US Congress acquired under $15k worth of GameStop Corp's common stock.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
13th of February 2002
Category
Consumer Cyclical
Classification
Consumer Discretionary
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 Corp. was founded in 1996 and is headquartered in Grapevine, Texas. The company has 446.51 M outstanding shares of which 31.87 M shares are currently shorted by investors with about 3.51 days to cover. More on GameStop Corp

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GameStop Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGeorge Sherman
Thematic Ideas
(View all Themes)
Old Names[GERATHERM MEDICAL - Dusseldorf Stock Exchang, Geratherm Medical AG, GME Resources Ltd]
Business ConcentrationComputer & Electronics Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP Midcap 400, SP RETAIL SELECT, Toys, Online Gaming, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.191.9464
Moderately Up
Slightly volatile
Gross Profit Margin0.30.235
Significantly Up
Slightly volatile
Total Current Liabilities1.3 B934.5 M
Significantly Up
Very volatile
Non Current Liabilities Total550.3 M435.9 M
Significantly Up
Slightly volatile
Total Assets3.4 B2.7 B
Fairly Up
Very volatile
Total Current Assets1.8 BB
Significantly Down
Slightly volatile
Debt Levels
GameStop Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GameStop Corp's financial leverage. It provides some insight into what part of GameStop Corp's total assets is financed by creditors.
Liquidity
GameStop Corp has 602.8 M in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. GameStop Corp has a current ratio of 2.13, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for GameStop to invest in growth at high rates of return.

Capital Expenditures

33.16 Million
GameStop Corp (GME) is traded on New York Stock Exchange in USA. It is located in 625 Westport Parkway, Grapevine, TX, United States, 76051 and employs 8,000 people. GameStop Corp is listed under Computer & Electronics Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.79 B. GameStop Corp runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 446.51 M outstanding shares of which 31.87 M shares are currently shorted by investors with about 3.51 days to cover. GameStop Corp has about 1.14 B in cash with (203.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.0.
Check GameStop Corp Probability Of Bankruptcy
Ownership Allocation
GameStop Corp has a total of 446.51 Million outstanding shares. GameStop Corp retains 8.49 (percent) of its outstanding shares held by insiders and 28.63 (percent) owned by outside corporations. Please note that on July 13, 2021, Representative Michael Garcia of US Congress acquired under $15k worth of GameStop Corp's common stock.
Check GameStop Ownership Details

GameStop Stock Institutional Holders

InstituionRecorded OnShares
Van Eck Associates Corporation2024-06-30
1.7 M
Dimensional Fund Advisors, Inc.2024-09-30
1.1 M
Susquehanna International Group, Llp2024-06-30
998.3 K
Principal Financial Group Inc2024-09-30
897.4 K
Swiss National Bank2024-09-30
790.5 K
Rhumbline Advisers2024-06-30
744.3 K
Ubs Asset Mgmt Americas Inc2024-09-30
728.7 K
Nuveen Asset Management, Llc2024-06-30
673.9 K
Jpmorgan Chase & Co2024-06-30
519.8 K
Vanguard Group Inc2024-09-30
37.1 M
Blackrock Inc2024-06-30
22.6 M
View GameStop Corp Diagnostics

GameStop Corp Historical Income Statement

At present, GameStop Corp's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.8 B, whereas Operating Income is projected to grow to (30.1 M). View More Fundamentals

GameStop Stock Against Markets

GameStop Corp Corporate Directors

Raul FernandezIndependent DirectorProfile
Alain AttalIndependent DirectorProfile
James GrubeIndependent DirectorProfile
Ryan CohenIndependent DirectorProfile
When determining whether GameStop Corp is a strong investment it is important to analyze GameStop Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GameStop Corp's future performance. For an informed investment choice regarding GameStop Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GameStop Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade GameStop Stock refer to our How to Trade GameStop Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GameStop Corp. If investors know GameStop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GameStop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.259
Earnings Share
0.14
Revenue Per Share
13.97
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0004
The market value of GameStop Corp is measured differently than its book value, which is the value of GameStop that is recorded on the company's balance sheet. Investors also form their own opinion of GameStop Corp's value that differs from its market value or its book value, called intrinsic value, which is GameStop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GameStop Corp's market value can be influenced by many factors that don't directly affect GameStop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GameStop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if GameStop Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GameStop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.