Golden Entertainment Inc (NASDAQ: GDEN) is -16.70% lower on its value in year-to-date trading and has touched a low of $27.42 and a high of $42.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDEN stock was last observed hovering at around $33.28 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $33.26, the stock is 2.96% and 5.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -0.06% at the moment leaves the stock 4.19% off its SMA200. GDEN registered -8.07% loss for a year compared to 6-month gain of 13.75%. The firm has a 50-day simple moving average (SMA 50) of $31.3808 and a 200-day simple moving average (SMA200) of $31.9465.
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The stock witnessed a 7.50% loss in the last 1 month and extending the period to 3 months gives it a 3.13%, and is -2.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.06% over the week and 3.48% over the month.
Golden Entertainment Inc (GDEN) has around 5800 employees, a market worth around $912.29M and $733.30M in sales. Current P/E ratio is 26.89 and Fwd P/E is 37.44. Profit margin for the company is 5.23%. Distance from 52-week low is 21.30% and -21.07% from its 52-week high. The company has generated returns on investments over the last 12 months (3.91%).
The EPS is expected to shrink by -78.48% this year
213.0 institutions hold shares in Golden Entertainment Inc (GDEN), with institutional investors hold 100.40% of the company’s shares. The shares outstanding are 28.67M, and float is at 20.33M with Short Float at 3.59%. Institutions hold 73.51% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.48 million shares valued at $108.3 million. The investor’s holdings represent 12.1198 of the GDEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.53 million shares valued at $47.71 million to account for 5.3389 of the shares outstanding. The other top investors are WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC which holds 1.49 million shares representing 5.1758 and valued at over $46.25 million, while HILL PATH CAPITAL LP holds 3.7229 of the shares totaling 1.07 million with a market value of $33.27 million.
Golden Entertainment Inc (GDEN) Insider Activity
The most recent transaction is an insider sale by LIPPARELLI MARK A, the company’s Director. SEC filings show that LIPPARELLI MARK A sold 10,000 shares of the company’s common stock on Sep 20 ’24 at a price of $32.11 per share for a total of $0.32 million. Following the sale, the insider now owns 72740.0 shares.
Golden Entertainment Inc disclosed in a document filed with the SEC on Sep 19 ’24 that LIPPARELLI MARK A (Director) sold a total of 773 shares of the company’s common stock. The trade occurred on Sep 19 ’24 and was made at $33.32 per share for $25756.0. Following the transaction, the insider now directly holds 82740.0 shares of the GDEN stock.
Still, SEC filings show that on Sep 19 ’24, LIPPARELLI MARK A (Director) Proposed Sale 12,500 shares at an average price of $33.25 for $0.42 million. The insider now directly holds shares of Golden Entertainment Inc (GDEN).
