Golden Entertainment Stock Today
| GDEN Stock | USD 34.50 0.36 1.03% |
Performance0 of 100
| Odds Of DistressLess than 1
|
Golden Entertainment is selling at 34.50 as of the 25th of April 2024; that is -1.03 percent down since the beginning of the trading day. The stock's open price was 34.86. Golden Entertainment has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Golden Entertainment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 4th of January 1999 | Category Consumer Cyclical | Classification Consumer Discretionary |
Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada. The company has 28.95 M outstanding shares of which 606.54 K shares are currently shorted by private and institutional investors with about 3.32 trading days to cover. More on Golden Entertainment
Moving against Golden Stock
| 0.78 | VZIO | Vizio Holding Corp Financial Report 14th of May 2024 | PairCorr |
| 0.76 | YUM | Yum Brands Earnings Call This Week | PairCorr |
| 0.71 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
| 0.65 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.6 | HLT | Hilton Worldwide Holdings Buyout Trend | PairCorr |
| 0.58 | IHG | InterContinental Hotels | PairCorr |
| 0.54 | GM | General Motors Sell-off Trend | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Golden Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Golden Entertainment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Golden Entertainment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Blake Sartini | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Millennials Best, Casinos, Entertainment, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Golden Entertainment report their recommendations after researching Golden Entertainment's financial statements, talking to executives and customers, or listening in on Golden Entertainment's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Golden Entertainment. The Golden consensus assessment is calculated by taking the average forecast from all of the analysts covering Golden Entertainment. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Golden Entertainment's liquidity, profitability, solvency, and operating efficiency, Golden Entertainment is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Golden Entertainment is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Golden Entertainment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Golden Entertainment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Golden Entertainment's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Golden Entertainment's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Golden Entertainment's financial leverage. It provides some insight into what part of Golden Entertainment's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Golden Entertainment (GDEN) is traded on NASDAQ Exchange in USA. It is located in 6595 South Jones Boulevard, Las Vegas, NV, United States, 89118 and employs 5,800 people. Golden Entertainment is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Entertainment's market, we take the total number of its shares issued and multiply it by Golden Entertainment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Golden Entertainment conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 28.95 M outstanding shares of which 606.54 K shares are currently shorted by private and institutional investors with about 3.32 trading days to cover.
Golden Entertainment currently holds about 179.16 M in cash with 119.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.28.
Check Golden Entertainment Probability Of Bankruptcy
Ownership AllocationGolden Entertainment secures a total of 28.95 Million outstanding shares. The majority of Golden Entertainment outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Golden Entertainment to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Golden Entertainment. Please pay attention to any change in the institutional holdings of Golden Entertainment as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Golden Ownership Details
Golden Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Golden Entertainment jumping above the current price in 90 days from now is about 76.0%. The Golden Entertainment probability density function shows the probability of Golden Entertainment stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1557. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Golden Entertainment will likely underperform. Additionally, golden Entertainment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Golden Entertainment to move above the current price in 90 days from now is about 76.0 (This Golden Entertainment probability density function shows the probability of Golden Stock to fall within a particular range of prices over 90 days) .
Golden Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Golden Entertainment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Golden Entertainment's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Golden Entertainment's value.| Instituion | Recorded On | Shares | |
| Penn Capital Management Company Llc | 2023-12-31 | 553.9 K | |
| William Blair Investment Management, Llc | 2023-12-31 | 528.7 K | |
| Geode Capital Management, Llc | 2023-12-31 | 466.1 K | |
| Jennison Associates Llc | 2023-12-31 | 414.8 K | |
| New York State Common Retirement Fund | 2023-12-31 | 359.8 K | |
| Citadel Advisors Llc | 2023-09-30 | 323.3 K | |
| Mutual Of America Capital Management Llc | 2023-12-31 | 269.5 K | |
| Assenagon Asset Management Sa | 2023-12-31 | 251.3 K | |
| American Century Companies Inc | 2023-12-31 | 244.2 K | |
| Blackrock Inc | 2023-12-31 | 3.5 M | |
| Capital Research Global Investors | 2023-12-31 | 2.5 M |
Golden Entertainment Historical Income Statement
Golden Entertainment Income Statement is one of the three primary financial statements used for reporting Golden's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Golden Entertainment revenue and expense. Golden Entertainment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Golden Entertainment's Operating Income is very stable compared to the past year. As of the 25th of April 2024, EBIT is likely to grow to about 123.8 M, though Minority Interest is likely to grow to (31.6 K). View More FundamentalsGolden Stock Against Markets
Picking the right benchmark for Golden Entertainment stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Golden Entertainment stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Golden Entertainment is critical whether you are bullish or bearish towards Golden Entertainment at a given time. Please also check how Golden Entertainment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Golden Entertainment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
| All Next | Launch Module |
Golden Entertainment Corporate Directors
Golden Entertainment corporate directors refer to members of a Golden Entertainment board of directors. The board of directors generally takes responsibility for the Golden Entertainment's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Golden Entertainment's board members must vote for the resolution. The Golden Entertainment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Timothy Cope | Director | Profile | |
| Neil Sell | Independent Director | Profile | |
| Anthony Marnell | Director | Profile | |
| Ann Dozier | Director | Profile |
How to buy Golden Stock?
Before investing in Golden Entertainment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Golden Entertainment. To buy Golden Entertainment stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Golden Entertainment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Golden Entertainment stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Golden Entertainment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Golden Entertainment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Golden Entertainment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Golden Stock please use our How to Invest in Golden Entertainment guide.
Already Invested in Golden Entertainment?
The danger of trading Golden Entertainment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Golden Entertainment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Golden Entertainment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Golden Entertainment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.Note that the Golden Entertainment information on this page should be used as a complementary analysis to other Golden Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Golden Stock analysis
When running Golden Entertainment's price analysis, check to measure Golden Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Entertainment is operating at the current time. Most of Golden Entertainment's value examination focuses on studying past and present price action to predict the probability of Golden Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Entertainment's price. Additionally, you may evaluate how the addition of Golden Entertainment to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is Golden Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 16.4 | Earnings Share 8.31 | Revenue Per Share 36.755 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0455 |
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.