In the recent period, we witnessed a variety of analyst stances. Some analysts showed a bullish inclination, while others adopted a more bearish approach. This diversity in viewpoints offers a unique opportunity to understand the complexity of Golden Entertainment's market position.
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. It clearly shows the shifts and trends in analyst opinions.
Analysts provide deeper insights through their assessments of 12-month price targets. A detailed look reveals an average target of $37.33, a high estimate of $40.00, and a low estimate of $35.00. There is a notable 3.86% decline from the prior average price target, indicating potential changes in market expectations.
By analyzing recent analyst actions, a clear picture of Golden Entertainment's perception among financial experts emerges. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. This provides valuable information for investors to make informed decisions.
Jordan Bender from JMP Securities raised his rating to Market Outperform with a price target of $36.00, while Chad Beynon from Macquarie lowered his rating to Outperform with a price target of $38.00. Barry Jonas from Truist Securities also lowered his rating to Buy with a price target of $36.00. These actions and ratings reflect the dynamic nature of the market and analysts' responses to it.
David Bain from B. Riley Securities lowered his rating to Buy with a price target of $40.00. Each of these actions and ratings adds to the overall understanding of Golden Entertainment's market position.
Golden Entertainment Inc is a U.S.-based company with a focus on distributed gaming, casino, and resort operations. Its reportable segments include Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. The majority of the revenue is generated from the Nevada Casino Resorts segment, which offers a variety of amenities.
When it comes to financial metrics, the company's market capitalization is below the industry average, suggesting a relatively smaller size compared to peers. Revenue growth over 3 months faced difficulties, with a decline of approximately -37.44%. However, the company's net margin of 3.2% and ROE of 0.98% stand out, indicating strong profitability and effective utilization of equity capital. The ROA of 0.45% also showcases effective asset utilization.
With a below-average debt-to-equity ratio of 0.95, Golden Entertainment adopts a prudent financial strategy, demonstrating a balanced approach to debt management.
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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