Somewhat Positive Media Coverage Somewhat Unlikely to Impact Golden Entertainment (GDEN) Share Price
Media stories about Golden Entertainment (NASDAQ:GDEN) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Golden Entertainment earned a news impact score of 0.15 on Accern’s scale. Accern also gave media stories about the company an impact score of 44.8001720960977 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of analysts have recently commented on the company. Zacks Investment Research cut Golden Entertainment from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub raised Golden Entertainment from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd.
Shares of Golden Entertainment (GDEN) traded down 2.71% during mid-day trading on Friday, hitting $24.38. The stock had a trading volume of 42,322 shares. The stock has a market cap of $544.21 million, a P/E ratio of 30.21 and a beta of 0.05. The company’s 50 day moving average is $22.13 and its 200-day moving average is $18.05. Golden Entertainment has a 52-week low of $8.65 and a 52-week high of $25.20.
Golden Entertainment (NASDAQ:GDEN) last issued 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 business had revenue of $110.49 million for the quarter, compared to analysts’ expectations of $112.30 million. Golden Entertainment had a net margin of 4.29% and a return on equity of 6.26%. On average, equities research analysts anticipate that Golden Entertainment will post $0.69 earnings per share for the current fiscal year.
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About Golden Entertainment
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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