Analysts at Macquarie Reconfirmed their Past ‘”Buy”’ rating on Shares Golden Entertainment (GDEN), Set a $25 Price Target

Golden Entertainment, Inc. (NASDAQ:GDEN) Logo

Golden Entertainment (GDEN) Rating Reaffirmed

The firm has just set a TP of $25 on Golden Entertainment (GDEN) shares. This is 92.31 % from the last stock price. In analysts note issued to investors and clients on 15 March, Macquarie restate their “Buy” rating on shares of GDEN.

Golden Entertainment, Inc. (NASDAQ:GDEN) Ratings Coverage

Among 2 analysts covering Golden Entertainment (GDEN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Golden Entertainment has $40 highest and $28 lowest target. $34’s average target is 161.54% above currents $13 stock price. Golden Entertainment had 2 analyst reports since October 5, 2018 according to SRatingsIntel. The company was maintained on Friday, November 16 by Jefferies.

The stock decreased 20.97% or $3.45 during the last trading session, reaching $13. About 2.20 million shares traded or 1144.33% up from the average. Golden Entertainment, Inc. (GDEN) has declined 36.19% since March 16, 2018 and is downtrending. It has underperformed by 40.56% the S&P500.

Analysts await Golden Entertainment, Inc. (NASDAQ:GDEN) to report earnings on March, 21. They expect $0.01 EPS, up 102.33 % or $0.44 from last year’s $-0.43 per share. GDEN’s profit will be $289,024 for 325.00 P/E if the $0.01 EPS becomes a reality. After $-0.11 actual EPS reported by Golden Entertainment, Inc. for the previous quarter, Wall Street now forecasts -109.09 % EPS growth.

Golden Entertainment, Inc., together with its subsidiaries, focuses on distributed gaming, and casino and resort activities in the United States. The company has market cap of $375.73 million. It operates through two divisions, Distributed Gaming and Casinos. It currently has negative earnings. The Distributed Gaming segment is involved in the installation, maintenance, and operation of gaming and amusement devices in non-casino locations, such as grocery stores, convenience stores, restaurants, bars, taverns, saloons, and liquor stores; and operation of branded taverns targeting local patrons primarily in the greater Las Vegas, Nevada metropolitan area.

More notable recent Golden Entertainment, Inc. (NASDAQ:GDEN) news were published by: Businesswire.com which released: “Golden Entertainment Reports 2018 First Quarter Revenue of $214.8 Million, Net Income of $3.9 Million and Adjusted EBITDA of $45.9 Million – Business Wire” on May 09, 2018, also Businesswire.com with their article: “Golden Entertainment Names Two New Senior Executives – Business Wire” published on October 30, 2017, Nasdaq.com published: “MetLife Inc. Q4 adjusted earnings Beat Estimates – Nasdaq” on February 06, 2019. More interesting news about Golden Entertainment, Inc. (NASDAQ:GDEN) were released by: Nasdaq.com and their article: “Wall Street gains as U.S.-China trade talks resume – Nasdaq” published on February 11, 2019 as well as Nasdaq.com‘s news article titled: “CVR Refining, LP (CVRR) Ex-Dividend Date Scheduled for November 02, 2018 – Nasdaq” with publication date: November 01, 2018.

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