What's Happening with gme
GameStop Corp. (GME) is scheduled to report Quarter 4 numbers after the market close on December 8. Analysts forecast earnings of $0.81 per share for the quarter. During the same period last year the company earned $0.79, and the stock is up 815.0% on the year.
Technical Analysis
GME was recently trading at $172.38 down $310.62 from its 12-month high and $160.24 above its 12-month low. InvestorsObserver gives GME a 67 long-term technical score and a 48 short-term technical score. The stock has recent support above $164.67 and recent resistance below $247.54. Of the 5 analysts who cover the stock 0 rate it Strong Buy, 0 rate it Buy, 2 rate it Hold, 1 rate it Sell, and 2 rate it Strong Sell, GME gets an overall score of 38 from InvestorsObserver.
Analysts' Thoughts
GME has shown annual earnings growth of -15.71% over the last five years, and looking ahead analysts expect the company to grow profits -48.15% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects -$0.85 EPS. GME is currently trading at $172.38 with an average price target of $88.00.