Golden Entertainment Inc (NASDAQ: GDEN) has reported E.P.S. of $-0.33 for its fourth fiscal quarter (ending December 31) versus $0.39 for the same period a year ago — a decline of -185%. Relative to the consensus estimate of $0.29, this was a shortfall of $-0.62. For the latest four quarters through December 31, E.P.S. were $8.93 compared to $2.87 a year ago — an increase of 211%.
Recent Price Action
Golden Entertainment Inc (NASDAQ: GDEN) stock increased 1.2% on 2/29/24. The shares closed at $37.06. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 0.9% during the last week.
Current PriceTarget Research Rating
GDEN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Golden Entertainment has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Golden Entertainment has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 34, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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