If you're interested in buying GameStop shares from Australia, you'll need to sign up to a trading platform that has access to US stock exchanges. Read on to find out which platforms offer GameStop in Australia and the steps involved in buying.
GameStop (GME) is one of the biggest video game retailers in the world. The company is headquartered in the United States and has been listed on Wall Street's New York Stock Exchange (NYSE) since 2002.
In early 2021, the company saw its share price surge by more than 700% after Reddit users began hyping GME and other heavily shorted stocks on social forums. GME's stock price has since been highly volatile and investors should approach with caution.
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GameStop's shares were split on a 4:1 basis on 21 July 2022. So if you had owned 1 share the day before the split, the next day you would own 4 shares. This wouldn't directly have changed the overall worth of your GameStop shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for GameStop shares which in turn could have impacted GameStop's share price.
N/AUse the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.
Historical closes compared with the last close of $21.4
| 1 week (2024-09-26) | -3.99% |
|---|---|
| 1 month (2024-09-06) | -10.54% |
| 3 months (2024-07-05) | -11.50% |
| 6 months (2024-04-05) | 90.22% |
| 1 year (2023-10-06) | 41.91% |
|---|---|
| 2 years (2022-10-05) | -18.91% |
| 3 years (2021-10-05) | -50.28% |
| 5 years (2019-10-04) | 1,442.34% |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Valuing GameStop stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GameStop's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
GameStop's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 153x. In other words, GameStop shares trade at around 153x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
GameStop's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.86. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into GameStop's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
GameStop's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$47.2 million (£36 million).
The EBITDA is a measure of a GameStop's overall financial performance and is widely used to measure stock profitability.
Over the last 12 months, GameStop's shares have ranged in value from as little as US$9.95 up to US$64.83. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while GameStop's is -0.162. This would suggest that GameStop's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, GameStop has bucked the trend.
N/A| Revenue TTM | US$4.6 billion |
|---|---|
| Gross profit TTM | US$1.4 billion |
| Return on assets TTM | 0.04% |
| Return on equity TTM | 1.5% |
| Profit margin | 0.93% |
| Book value | 10.278 |
| Market capitalisation | US$9.6 billion |
| EBITDA | US$47.2 million |
TTM: trailing 12 months
We're not expecting GameStop to pay a dividend over the next 12 months.
GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts, as well as engages in the digital asset wallet and NFT marketplace activities. The company operates stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer magazine, a print and digital gaming publication. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.
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