Golden Entertainment, Inc. (NASDAQ:GDEN) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Analysts have set a 12 month consensus target price of $22.00 for the company and are predicting that the company will post $0.17 EPS for the current quarter, according to Zacks. Zacks has also assigned Golden Entertainment an industry rank of 51 out of 265 based on the ratings given to its competitors.

Several research firms recently issued reports on GDEN. BidaskClub raised shares of Golden Entertainment from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Golden Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, SunTrust Banks, Inc. downgraded shares of Golden Entertainment from a “buy” rating to a “hold” rating in a report on Monday, May 15th.

A number of hedge funds have recently modified their holdings of the stock. Bank of Montreal Can bought a new stake in shares of Golden Entertainment during the second quarter worth $133,000. Goldman Sachs Group Inc. bought a new stake in shares of Golden Entertainment during the first quarter worth $196,000. Accredited Investors Inc. bought a new stake in shares of Golden Entertainment during the second quarter worth $201,000. Rhumbline Advisers increased its stake in shares of Golden Entertainment by 5.5% in the second quarter. Rhumbline Advisers now owns 11,650 shares of the company’s stock worth $241,000 after buying an additional 605 shares during the period. Finally, Mork Capital Management LLC bought a new stake in shares of Golden Entertainment during the second quarter worth $518,000. 27.48% of the stock is owned by hedge funds and other institutional investors.

Shares of Golden Entertainment (GDEN) opened at 20.40 on Friday. The stock has a market cap of $453.92 million, a P/E ratio of 23.75 and a beta of 0.04. The company’s 50-day moving average is $20.76 and its 200 day moving average is $15.56. Golden Entertainment has a 1-year low of $8.65 and a 1-year high of $22.18.

Golden Entertainment (NASDAQ:GDEN) last posted its quarterly earnings data on Friday, August 4th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.14. The firm had revenue of $110.49 million for the quarter, compared to the consensus estimate of $112.30 million. Golden Entertainment had a return on equity of 6.36% and a net margin of 4.29%. Equities research analysts anticipate that Golden Entertainment will post $0.85 EPS for the current year.

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Golden Entertainment Company Profile

Golden Entertainment, Inc is a group of gaming companies. The Company focuses on distributed gaming, including tavern gaming, and casino and resort operations. It operates through two segments: Distributed Gaming and Casinos. Its Distributed Gaming segment involves the installation, maintenance and operation of gaming and amusement devices in certain strategic, high-traffic, non-casino locations (such as grocery stores, convenience stores, restaurants, bars, taverns, saloons and liquor stores) in Nevada and Montana, and the operation of traditional, branded taverns targeting local patrons, primarily in the greater Las Vegas, Nevada metropolitan area.

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