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published in Blogs
Jan 13, 2021

GameStop (GME, $33.70) has new board members and strong holiday shopping sales

GameStop   recently named board members and released solid holiday sales figures.

The videogame retail company placed three of  activist investor's RC Ventures nominees -- Alan Attal, Ryan Cohen and Jim Grube -- on the board.  According to GameStop, the three executives have "deep expertise” in e-commerce, online marketing, finance and strategic planning.

Also, GameStop  experienced a quadrupling in e-commerce sales during the nine-week holiday shopping season.  E-commerce sales year to date edged past $1.35 billion, exceeding the company’s $1 billion target. Comparable-store sales climbed +4.8%.

According to the company’s statement,  consumer demand far outpaced supply in the nine-week period with “unprecedented demand” for recently launched gaming consoles. The company believes these products will drive sales well into 2021 as console availability from our suppliers improves later in the year.

Related Ticker: GME

GME in upward trend: price rose above 50-day moving average on March 04, 2024

GME moved above its 50-day moving average on March 04, 2024 date and that indicates a change from a downward trend to an upward trend. In of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on March 01, 2024. You may want to consider a long position or call options on GME as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GME just turned positive on February 27, 2024. Looking at past instances where GME's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GME advanced for three days, in of 259 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GME declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GME broke above its upper Bollinger Band on March 04, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for GME entered a downward trend on February 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. GME’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GME’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock worse than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.682) is normal, around the industry mean (9.016). P/E Ratio (0.000) is within average values for comparable stocks, (30.701). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.744). GME has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (0.813) is also within normal values, averaging (84.136).

Notable companies

The most notable companies in this group are Home Depot (NYSE:HD), Lowe's Companies (NYSE:LOW), AutoZone (NYSE:AZO), Tractor Supply Company (NASDAQ:TSCO), Ulta Beauty (NASDAQ:ULTA), Best Buy Company (NYSE:BBY), Five Below (NASDAQ:FIVE), Bath & Body Works (NYSE:BBWI), RH (NYSE:RH), GameStop Corp (NYSE:GME).

Industry description

The specialty stores sector includes companies dedicated to the sale of retail products focused on a single product category, such as clothing, carpet, books, or office supplies. A specialty store could face intense competition from big-box departmental chains, and therefore offering an adequate collection of the product type it specializes in is key in maintaining/growing its market.

Market Cap

The average market capitalization across the Specialty Stores Industry is 7.76B. The market cap for tickers in the group ranges from 48 to 382.63B. HD holds the highest valuation in this group at 382.63B. The lowest valued company is CALI at 48.

High and low price notable news

The average weekly price growth across all stocks in the Specialty Stores Industry was 0%. For the same Industry, the average monthly price growth was 32%, and the average quarterly price growth was 43%. MHRE experienced the highest price growth at 70%, while JOAN experienced the biggest fall at -45%.

Volume

The average weekly volume growth across all stocks in the Specialty Stores Industry was -1%. For the same stocks of the Industry, the average monthly volume growth was 0% and the average quarterly volume growth was 26%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49
P/E Growth Rating: 52
Price Growth Rating: 53
SMR Rating: 67
Profit Risk Rating: 74
Seasonality Score: 0 (-100 ... +100)
Related Portfolios: THE GAMING INDUSTRY
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A.I.Advisor
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General Information

a retaier of video game products and PC entertainment software

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
625 Westport Parkway
Phone
+1 817 424-2000
Employees
31500
Web
https://www.gamestop.com
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GME and

Correlation & Price change

A.I.dvisor indicates that over the last year, GME has been loosely correlated with CPRT. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if GME jumps, then CPRT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GME
1D Price
Change %
GME100%
+1.81%
CPRT - GME
45%
Loosely correlated
+0.99%
CONN - GME
39%
Loosely correlated
-11.49%
HNST - GME
39%
Loosely correlated
+0.33%
BBY - GME
38%
Loosely correlated
-0.49%
KAR - GME
37%
Loosely correlated
+1.01%
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