Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $0.65 in the prior trading day, GameSquare Holdings Inc (NASDAQ: GAME) closed at $0.63, down -3.37%. In other words, the price has decreased by -$3.37 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GAME by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on August 21, 2023, initiated with a Buy rating and assigned the stock a target price of $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 21 ’24 when Kenna Justin bought 10,000 shares for $1.02 per share. The transaction valued at 10,200 led to the insider holds 115,321 shares of the business.
Schwartz Louis bought 10,000 shares of GAME for $10,200 on Jun 21 ’24. The President and Chairman now owns 244,630 shares after completing the transaction at $1.02 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.71.
Stock Price History:
Over the past 52 weeks, GAME has reached a high of $1.64, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -9.74%, while the 200-Day Moving Average is calculated to be -25.68%.
Shares Statistics:
A total of 32.64M shares are outstanding, with a floating share count of 6.80M. Insiders hold about 47.62% of the company’s shares, while institutions hold 24.85% stake in the company.
Earnings Estimates
The dynamic stock of GameSquare Holdings Inc (GAME) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.44 and -$0.44 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is $0.13, with 1.0 analysts recommending between $0.13 and $0.13.
Revenue Estimates
2 analysts predict $23.57M in revenue for the current quarter. It ranges from a high estimate of $26.37M to a low estimate of $20.77M. As of the current estimate, GameSquare Holdings Inc’s year-ago sales were $24.13MFor the next quarter, 2 analysts are estimating revenue of $32.1M. There is a high estimate of $33.73M for the next quarter, whereas the lowest estimate is $30.46M.
A total of 2 analysts have provided revenue estimates for GAME’s current fiscal year. The highest revenue estimate was $138.81M, while the lowest revenue estimate was $138.47M, resulting in an average revenue estimate of $138.64M. In the same quarter a year ago, actual revenue was $134.12MBased on 2 analysts’ estimates, the company’s revenue will be $186.08M in the next fiscal year. The high estimate is $203.22M and the low estimate is $168.94M.
