How to Buy Golden Entertainment Stock
Golden Entertainment Inc
Golden Entertainment, Inc. , together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States.
Golden Entertainment stock last closed at $33.49, down 1.62% from the previous day, and has decreased 20.45% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.07 percentage points. Golden Entertainment stock is currently +10.24% from its 52-week low of $30.38, and -29.49% from its 52-week high of $47.50.
There are currently 28.67M shares of GDEN outstanding. The market capitalization of GDEN is $960.13M. In the last 24 hours, 108,970 GDEN shares were traded.
How to Buy Golden Entertainment Stock
Wondering how to invest in Golden Entertainment stock? Here's how.
- Choose where to buy Golden Entertainment stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Golden Entertainment stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your method of payment and add your info.
- Analyze Golden Entertainment stock: The Golden Entertainment ticker symbol is GDEN. Is Golden Entertainment stock a good investment? Should you buy shares of GDEN? How do GDEN's underlying business fundamentals look? Do top analysts think Golden Entertainment is a good buy? Why has GDEN's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if GDEN is a good stock to buy).
- Make your GDEN purchase: Decide if you will purchase GDEN shares at the current market price or use a limit order to buy GDEN shares at a specific price.
- Get the latest scoop on your GDEN position: Create a watchlist to important notifications about your position in Golden Entertainment shares.
Step 1: Choose where to buy Golden Entertainment stock
You will need an online brokerage account in order to access the NASDAQ market and buy GDEN stock.
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can buy GDEN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on our top ranked stock trading app, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring money into your new investment account.
Step 4: Analyze Golden Entertainment stock
Once you have identified the best place to buy Golden Entertainment stock, it's absolutely critical to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Golden Entertainment Metrics
Fundamentals of GDEN
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on GDEN's stock page.
Is GDEN stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge GDEN's true value.
Using relative valuations metrics:
- GDEN could be undervalued based on its P/E ratio of 3.75x, relative to Resorts & Casinos industry P/E ratio of 19.8x
- GDEN could be undervalued based on its P/B ratio of 1.79x, relative to Resorts & Casinos industry P/B ratio of 4.42x
You can do more valuation analysis on GDEN's stock here.
GDEN Financial Overview
Pros:
- GDEN profit margin has gone up from 7.3% to 24.3% in the past year.
- GDEN earnings of $397.48M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the GDEN balance sheet.
- Total GDEN debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- There are more long-term liabilities than short-term assets on the GDEN balance sheet.
- GDEN has a relatively high debt to equity ratio of 1.7.
- GDEN's operating cash flow of $119.20M allows it to safely service it's debt of $758.19M.
Do Wall Street analysts think it's a good time to buy Golden Entertainment stock
Out of 2 Equities analysts who research GDEN, the consensus analyst rating on GDEN is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Golden Entertainment stock forecast page.
GDEN Technicals
GDEN Revenue
Last year, GDEN earnings were $255.76M. In the past two year, GDEN's earnings have grown by 25.83% per year. This was faster than the Resorts & Casinos industry average of 5.37%.
Last year, GDEN revenue was $1.05B. Over the last 5 year, GDEN's revenue has gone up by 4.34% per year. This was faster than the Resorts & Casinos industry average of 3.44%.
Dig into GDEN's earnings and revenue performance here.
Latest Insiders Trades at GDEN
Over the past 12 months, executives and large shareholders at GDEN have sold more shares than they have bought.
Stephen Arcana, EVP and COO of GDEN, was the latest GDEN insider to sell. They sold $1,019,790.46 worth of GDEN stock on Mar 14, 2024.
Learn more about who owns GDEN shares here.
Can I rely on GDEN as an income stream?
Golden Entertainment pays a dividend of 6.72%, compared to the Resorts & Casinos industry's average dividend yield of 2.65%. If you owned $1,000 of GDEN stock, you would have received $67.18 in the past year.
Get more data about Golden Entertainment dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your GDEN purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will execute the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your GDEN position
Now that you own some GDEN stock, you'll want to keep up with your company.
Add GDEN to a watchlist to track the most important metrics related to your GDEN stock.
GDEN Feed
How to Buy Stock in Golden Entertainment
To reiterate, here are the 6 steps to buy stock in Golden Entertainment:
- Choose where to buy Golden Entertainment stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Golden Entertainment stock
- Make your GDEN purchase
- Get the latest scoop on your GDEN position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Golden Entertainment, add GDEN to your watchlist below.
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