Company Performance - GameStop (GME) closed at 0.08, representing a 166.67% increase year-over-year [2] - Revenue is expected to be 0.47 per share and revenue of $3.4 billion, reflecting increases of +42.42% and decreases of -11.06% from the previous year, respectively [3] Analyst Projections - Recent shifts in analyst projections for GameStop should be monitored, as positive revisions indicate optimism regarding the company's business and profitability [4] Stock Performance and Zacks Rank - Adjustments in earnings estimates are correlated with stock price performance, and the Zacks Rank system can help investors capitalize on these changes [5] - GameStop currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6] Valuation Metrics - GameStop has a Forward P/E ratio of 62.92, significantly higher than the industry average of 19.17, suggesting it is trading at a premium [7] - The Gaming industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 90, placing it in the top 37% of over 250 industries [7][8]
GameStop (GME) Advances While Market Declines: Some Information for Investors