Recent significant negative changes in fundamentals have affected Golden Entertainment Inc (NASDAQ: GDEN): significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in Golden Entertainment Inc (NASDAQ: GDEN) investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
GDEN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Golden Entertainment has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Golden Entertainment has a slightly negative Appreciation Score of 33 and a poor Power Rating of 15, and the Lowest Value Trend Rating results.
Recent Price Action
On 10/23/24, Golden Entertainment Inc (NASDAQ: GDEN) stock declined modestly by -1.7%, closing at $29.88. However, this decline was accompanied by unusually low trading volume at 62% of normal. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.
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