Golden Entertainment Inc (NASDAQ: GDEN) is 7.88% higher on its value in year-to-date trading and has touched a low of $27.42 and a high of $38.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GDEN stock was last observed hovering at around $33.90 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $34.09, the stock is 3.39% and 5.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.56% at the moment leaves the stock 8.98% off its SMA200. GDEN registered -10.60% loss for a year compared to 6-month gain of 16.79%. The firm has a 50-day simple moving average (SMA 50) of $32.4654 and a 200-day simple moving average (SMA200) of $31.2806.
The stock witnessed a 5.80% loss in the last 1 month and extending the period to 3 months gives it a 0.74%, and is 5.22% up 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 2.98% over the week and 2.31% over the month.
Golden Entertainment Inc (GDEN) has around 5800 employees, a market worth around $935.09M and $733.30M in sales. Current P/E ratio is 27.57 and Fwd P/E is 39.70. Profit margin for the company is 5.23%. Distance from 52-week low is 24.33% and -11.91% from its 52-week high. The company has generated returns on investments over the last 12 months (3.91%).
with sales reaching $168.28M over the same period.The EPS is expected to shrink by -78.80% this year, but quarterly earnings will post -36.37% year-over-year. Quarterly sales are estimated to shrink -27.05% in year-over-year returns.
Golden Entertainment Inc (GDEN) Top Institutional Holders
214.0 institutions hold shares in Golden Entertainment Inc (GDEN), with institutional investors hold 95.84% of the company’s shares. The shares outstanding are 27.56M, and float is at 20.09M with Short Float at 4.49%. Institutions hold 70.17% 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 5.1625% and valued at over $46.25 million, while HILL PATH CAPITAL LP holds 3.7134 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 Wright Terrence,the company’sDirector. SEC filings show that Wright Terrence sold 16,586 shares of the company’s common stock on Dec 20 ’24 at a price of $31.26 per share for a total of $0.52 million. Following the sale, the insider now owns 61616.0 shares.
Still, SEC filings show that on Sep 20 ’24, LIPPARELLI MARK A (Director) disposed off 10,000 shares at an average price of $32.11 for $0.32 million. The insider now directly holds 72,740 shares of Golden Entertainment Inc (GDEN).
