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GameStop Corp. (GME)


NYSE - Nasdaq Real Time Price. Currency in USD
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22.615+0.40 (+1.78%)
As of 10:22AM EDT. Market open.
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  • While the rest of us were enjoying the Memorial Day weekend with family and friends, poor JCTutttle was here on this message board spreading misinformation and showing how little he/she knows about investing. I actually feel sorry for the clown.
  • Lets look at valuation of OLLI vs GME.
    OLLI has a 15% higher market cap than GME. OLLI pays zero div vs 6.8% for GME. OLLI total revenue estimate for 2017 is 1.05 billion vs GME 8.6 billion revenue. OLLI 234 stores end Q4. GME thousands. OLLI long term growth plans CEO said "mid teen unit growth and 1-2% comp sales growth. OLLI has 7.3 million members in their "army" vs 53 million power up members for GME. OLLI expects to report 220 million in revenue Q1 on 5/31. GME just reported over 2 billion in revenue in Q1 or 100% over full year revenue for OLLI in only one quarter. Now, lets think about valuation here. I contend GME is VERY undervalued. This is why. OLLI has about 38-39% gross margin btw. GME Tech brands just grew 22% with over 200 million in Q1 with a 71% gross margin. Collectibles grew 39% in Q1 with over 114 million revenue and a 31% gross margin with long term goal of 35%. GME CEO just said he expects 2017 Collectibles revenue of 750 million. Lets be very conservative and say The Tech brands do 840 million in revenue for 2017 with a gross margin of 71%. Just on these TWO segments of their business, GME will do almost 1.5 Billion in 2017 OR almost  50% more than OLLI full year revenue of 1.05 billion. Not to mention higher growth and higher combined gross margin. Now throw in  major growth catalyst for GME with the iPhone 8, Xbox Scorpio(Xmas), Switch, VR and the new Sony console in 2018. So compared to just these TWO segments of GME, the market values OLLI 15% higher with 50% less revenue, less gross margin, slower growth, NO dividend, and with long term goal of ONLY 1-2% comp growth. OLLI forward PE 35 vs GME of 6.8! Really? So shorts, stay short and pay over 33 million in dividends this year going into 5 or 6 major catalyst of growth in the months ahead. See you at $30!
  • JIMM, I understand why you are a nervous short. Q1 results. Omni channel sales increased 93% -Hardware 25% -Collectibles 39% -Tech Brands 22% -Accessories 8% and with sales growth of 17% internationally. Huge growth catalyst in the months ahead. More great news for GME today..................... Nintendo ramps up Switch production
    May 29, 2017
    Nintendo has ordered a production increase of the Switch just weeks after it declared the console to be its fastest-selling gaming device..................Stay short on this undervalued soon to be momo stock with huge GROWTH drivers from the Switch, i8 upgrade, E3, Scorpio and XMAS only 6 months away. Second half of year for GME will be massive. The market has priced in all bad news already. Going much higher. Cover now or at $30+.
  • Ignore the market makers after hours games. GME beat on revs and earnings. Reiterated their F2017 guidance of $3.10-$3.40.
    Stock should trade higher tomorrow.
  • Added at $21.32 today. I love that price.
  • Anything under $22 is a solid buy IMO. low risk with nice upside the rest of the year. Switch and the 8 will be key drivers. The conference call was solid. Still has great cash flow. International comps up 17%. Valuation is very low. Great div of 6%+. I see this as a way to play the i8 and the switch Super cycle at a low risk, low valuation, high dividend, low priced stock play. I see this up 15-25% by year end. Plus a nice fat dividend. Now is the time to get in before the rest of the market figures it out. As I type, the market seems to be already doing that.
  • GME still has positive cash flow of about $300 million every year. It is not like the company is going to go bankrupt. Ridiculous. JMO
  • Perhaps it will turn positive tomorrow on opening!
  • Short sellers are trying to manipulate after hours quotes. The GME is a bargain. I should be closer to $30 not $20. JMO
  • No worries hardware up 24% beat overall blowout quarter.. 24mil shows shares sweating tonight.. open +$25 close 27-28 range
  • Mizuho Securities maintains Buy on GameStop (NYSE: GME) price target of $27.00.

    Analyst San Phan says stronger upside potential exists now that the he believes "heavy demand will persist over the next year". He tells clients Friday morning that Nintendo Switch allocations to GameStop will likely increase given the company's ability to upwards of six pieces of software and accesories to the product which is nearly twice the amount the rest of the industry can attach according to a research note.

    FY 2017 EPS estimate remains at $3.35 and FY 2018 EPS estimate remains at $3.50.

    For an analyst ratings summary and ratings history on GameStop click here. For more ratings news on GameStop click here.

    Shares of GameStop closed at $23.62 yesterday.
  • Stockargus will not be buying at "$20.30 tomorrow", just as TwoPercent/common/no1care/ etc didn't see $15.
    But we are happy to have him here nonetheless.
  • Loop Capital 1 hour ago:
    "At first glance, we were encouraged by GMe's better than expected F1Q 2017 results, which were driven by robust sales of the recently introduced Nintendo Switch. We believe the Switch'w early success counters the secular "digital disintermediation" bear argument surrounding GME, particularly given the fact Nintendo has historically deemphasized digital downloads (the Switch has a relatively paltry 32GB hard drive)."
  • The whisper was .49 and 1.89 sales actual .58 and +2.0 sales bottom is in the sale on GME is over shorts have to decide tomorrow cover at $24, 24, 26 longs just have to sit back and relax.. Beat sales and earnings great quarter..
  • Digital is hurting GameStop, but console sales especially the switch are exploding, short term I see upside to GameStop. Long term, maybe not so much
  • Gme has been always highly correlated with NPD monthly gaming sales report. If u add up Feb to Apr, 2017 Hardware, Console Software, and Accessories, u get 7% YOY growth. Very high chance GME will beat this quarter. Bught Jun 2 24 calls for 55c. I'll see tomorrow action to determine if need to add more.....
  • LOL, only 120K shares in pre- market trading. Shorts must be so desperate and fearful. GME is not Radio Shack. JMO
  • Isn't it cute how Skippy has nothing better to do than post nonsense about an investor who is actually making money here?
    Whether you agree with Jedd or not I have checked his posts against the dates he bought shares, and he is up. On the contrary Skippy exists solely to bash him. Its kind of creepy, yet humorous at the same time as his obsession drives him. It will be a shame if Gamestops earnings are Ok as all his work will be a reminder of his pathetic existence.
  • Whats happening? Seesawing between + to - AH! 🤔👹
  • I'd like to buy in at a new 52 week low.
    Under $20 would be an excellent opp.