Golden Entertainment Stock Target Price and Analyst Consensus

GDEN Stock  USD 34.00  0.12  0.35%   
The current analyst and expert consensus on Golden Entertainment is Strong Buy, with 5 strong buy opinions. The current projected Golden Entertainment target price consensus is 51.33 with 7 analyst opinions. Check out Macroaxis Advice on Golden Entertainment to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
The most common way Golden Entertainment analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Golden Entertainment executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Golden Entertainment. We strongly encourage you to use your own analysis of Golden Entertainment to validate this buy or sell advice. Golden Entertainment buy-or-sell recommendation module provides average expert sentiment on the projected Golden Entertainment target price to derive its highest and lowest estimates based on projected price volatility of 2.0534.
Lowest Forecast
46.71
Highest Forecast
56.98
Target Price
51.33
As of the 26th of November 2024, Gross Profit is likely to grow to about 499.3 M. Also, Pretax Profit Margin is likely to grow to 0.33. At this time, Golden Entertainment's Retained Earnings are very stable compared to the past year. As of the 26th of November 2024, Cash is likely to grow to about 165.4 M, while Short and Long Term Debt Total is likely to drop about 392.5 M.
  
It's important to approach Golden Entertainment's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Golden Entertainment price targets

Golden Entertainment's stock target price is an estimate of its future price, usually made by analysts. Using Golden Entertainment's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Golden Entertainment's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Golden Entertainment's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Golden Entertainment Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Golden Entertainment is a key component of Golden Entertainment valuation and have some predictive power on the future returns of a Golden Entertainment.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.8433.8835.92
Details
Intrinsic
Valuation
LowRealHigh
30.4941.9744.01
Details
Naive
Forecast
LowNextHigh
31.8533.8935.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.450.450.45
Details

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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 Macroaxis Advice on Golden Entertainment to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.