Will GameStop Corp. Show Signs of a Turnaround This Week?
GameStop (NYSE: GME) doesn't have many fans on Wall Street these days. The specialty retailer's stock is down by almost a third in the past 12 months. And despite a massive 7% dividend yield, shares are valued at just six times trailing earnings compared to the 24 P/E ratio for the broad market.
The company has a chance to change its narrative with the second quarter earnings results due out on Thursday, Aug. 24. Here are the key trends investors will be watching in that report.
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Source: Fool.com
Gamestop Corp. Stock
€22.24
0.970%
Currently there is a rather negative sentiment for Gamestop Corp. with 5 Buy predictions and 11 Sell predictions..
The target price of 5 € compared with the current price of 22.24 € for the stock indicates a negative potential of -77.51%.
