During the last three months, 6 analysts shared their evaluations of Golden Entertainment (NASDAQ:GDEN), revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $37.33, a high estimate of $40.00, and a low estimate of $35.00. A decline of 3.86% from the prior average price target is evident in the current average.
Interpreting Analyst Ratings: A Closer Look
A clear picture of Golden Entertainment's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jordan Bender | JMP Securities | Raises | Market Outperform | $36.00 | $35.00 |
| Chad Beynon | Macquarie | Lowers | Outperform | $38.00 | $39.00 |
| Barry Jonas | Truist Securities | Lowers | Buy | $36.00 | $38.00 |
| Jordan Bender | JMP Securities | Lowers | Market Outperform | $35.00 | $36.00 |
| Chad Beynon | Macquarie | Lowers | Outperform | $39.00 | $41.00 |
| David Bain | B. Riley Securities | Lowers | Buy | $40.00 | $44.00 |
Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Golden Entertainment. This insight gives a snapshot of analysts' perspectives on the current state of the company. Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Golden Entertainment compared to the broader market. Price Targets: Gaining insights, analysts provide estimates for the future value of Golden Entertainment's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Golden Entertainment's market standing. Stay informed and make data-driven decisions with our Ratings Table.
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Discovering Golden Entertainment: A Closer Look
Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.
Financial Milestones: Golden Entertainment's Journey
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Golden Entertainment's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -37.44%. This indicates a decrease in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 3.2%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.98%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.45%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.95, Golden Entertainment adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
Latest Ratings for GDEN
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Deutsche Bank | Maintains | Buy | |
| Feb 2022 | Macquarie | Maintains | Outperform | |
| Oct 2021 | JP Morgan | Initiates Coverage On | Overweight |
View More Analyst Ratings for GDEN
View the Latest Analyst Ratings
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