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GameStop Corp. (NYSE:GME) has received a consensus rating of “Buy” from the sixteen ratings firms that are covering the stock, Analyst Ratings.Net reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $50.92.

Separately, analysts at Benchmark Co. cut their price target on shares of GameStop Corp. from $34.71 to $33.00 in a research note on Monday.

Shares of GameStop Corp. (NYSE:GME) opened at 40.49 on Monday. GameStop Corp. has a one year low of $33.10 and a one year high of $57.74. The stock’s 50-day moving average is $42.06 and its 200-day moving average is $39.37. The company has a market cap of $4.610 billion and a price-to-earnings ratio of 13.22. GameStop Corp. also was the recipient of unusually large options trading activity on Thursday. Stock traders acquired 11,760 call options on the company. This is an increase of 445% compared to the average volume of 2,158 call options.

GameStop Corp. (NYSE:GME) last announced its earnings results on Thursday, August 21st. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.04. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 25.0% on a year-over-year basis. On average, analysts predict that GameStop Corp. will post $3.67 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 16th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 3.26%.

GameStop Corp. (NYSE:GME) is a holding company.

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