Looking at top Wall Street opinions, GameStop Corp. (NYSE: GME) has recently made its way into the research list of BofA/Merrill – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Underperform in the eyes of BofA/Merrill, as reported on Tuesday, August 20th, 2019. Another heavy-hitting research note was published by The Benchmark Company on Wednesday June 5th, 2019, with this firm Reiterated GME to an updated rating of Sell. In the past six months and three months of trading, shares of GameStop Corp. (GME) have moved by -66.84% and -48.95%, respectively.
Brokerage Updates Related to GameStop Corp. (GME) Stock
This publicly-traded organization generated gains of 9.60% over the last 5 sessions. Right now, this stock is the subject of 11 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 2 have given an underperform rating, 1 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 11 stock market experts following this company, the average 12-month price target is $5.91. Moreover, individual price targets range between $2.50-$9.00. With its recent move to $6.50, we can see that these firms project this stock will loss by -73.62% in one year.
Updates from GameStop Corp. (GME) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 2.50% rise since the beginning of the calendar year.
GameStop Corp. (NYSE:GME) Results in the Pipeline
The next scheduled release of financial results for GameStop Corp. will be for the Apr-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.03. In the same vein, they expect sales for the quarter to amount to $1,637.47 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,547.70 million in revenue alongside EPS at $0.07. On average, the analyst projection was calling for $3,185.60 million with $1.60 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,084.40 million, with earnings per share ending up at $0.67.
Intercontinental Exchange, Inc. (NYSE:ICE) experienced a gain of 0.16% from the closing price in the previous trading day. That boost the price to $93.27 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,725,442 shares of stock – compared to the typical average of 2.03M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $97.01.
Pricing Indications for Intercontinental Exchange, Inc. (ICE)
This organization has had a price-to-earnings ratio of 26.46 in the last year. Meanwhile, it gained 89.83 from its observable 50-day simple moving average. Right at this moment, the per-share value is 15.46% higher than the mean per-share price over the last 200 days in the market.
Intercontinental Exchange, Inc. (NYSE:ICE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 7 have a Buy rating, 7 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 1.90 , based on information from Thomson Reuters.
ICE Stock Value Potential
In trading activity as of late, this stock’s value was 80.85 up from its 200 day moving average, while also 4.03% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $90.00-$101.00. The market value for the entire organization reached 52.89B. In the last trading session, the price ended the day at $93.12. The institutional holdings related to this organization account for 0.50%, and the Beta factor is now 0.50. This company’s RSI (Relative Strength Index) managed to hit 59.98.
Intercontinental Exchange, Inc. (NYSE:ICE) Analyst Points of Focus
Intercontinental Exchange, Inc. (ICE) has found itself inside of Citigroup’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Buy by Citigroup, as garnered from a news report on Monday July 22nd, 2019. An additional helpful research note was sent out by Raymond James’s on Friday July 5th, 2019. The brokerage decided to reiterated ICE to Outperform.