Are GameStop (GME) Shares Undervalued?

NYSE: GME | GameStop Corporation Common Stock News, Ratings, and Charts

GME – GameStop (GME) is a stock many investors are watching right now.

evisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system’s “Value” category. Stocks with “A” grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

GameStop (GME) is a stock many investors are watching right now. GME is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 4.94, while its industry has an average P/E of 10.12. Over the last 12 months, GME’s Forward P/E has been as high as 6.76 and as low as 3.80, with a median of 5.02.

We also note that GME holds a PEG ratio of 0.34. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company’s expected EPS growth rate. GME’s industry currently sports an average PEG of 0.79. Over the last 12 months, GME’s PEG has been as high as 0.36 and as low as 0.25, with a median of 0.31.

These are just a handful of the figures considered in GameStop’s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that GME is an impressive value stock right now.


GameStop Corp. shares were trading at $11.49 per share on Wednesday afternoon, down $0.06 (-0.52%). Year-to-date, GME has declined -8.95%, versus a 10.01% rise in the benchmark S&P 500 index during the same period.

GME currently has a StockNews.com POWR Rating of D (Sell), and is ranked #23 of 35 stocks in the Specialty Retailers category.


This article is brought to you courtesy of Yahoo Finance.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

NYSE: MO | Altria Group, Inc. News, Ratings, and Charts

Altria Group Inc. (MO) reports earnings, stock moves lower

It’s no wonder Altria Group Inc. felt desperate for a piece of e-cigarette maker Juul Labs.
NASDAQ: TSLA | Tesla, Inc. News, Ratings, and Charts

Tesla (TSLA) reports Q1 earnings, shares trade lower

Notes: Tesla reported a loss of $702 million on an adjusted basis for the first three months of 2019.
NYSE: MMM | 3M Company Common Stock News, Ratings, and Charts

3M Co. (MMM) reports earnings, stock plummets

3M stock was suffering double-digit losses on Thursday. That’s unheard of.
: hexo | HEXO Corp. Common Shares News, Ratings, and Charts

Should we expect more upside in pot stock Hexo (HEXO)?

HEXO's stock has been heating up, but there's more upside to come. Here's why.
NYSE: TGT | Target Corporation Common Stock News, Ratings, and Charts

TGT, SAP and UPS head list of today’s new Strong Buy upgrades

The most recently upgraded stocks are typically the most timely. So be sure check out these stocks below.

Read More Stories


More GameStop Corporation Common Stock (GME) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All GME News
Page generated in 1.1972 seconds.