Golden Entertainment Stock

Golden Entertainment P/S 2024

Golden Entertainment P/S

1.34

Ticker

GDEN

ISIN

US3810131017

WKN

A14XX5

As of Sep 13, 2024, Golden Entertainment's P/S ratio stood at 1.34, a 4.69% change from the 1.28 P/S ratio recorded in the previous year.

The Golden Entertainment P/S history

Golden Entertainment Aktienanalyse

What does Golden Entertainment do?

Golden Entertainment Inc (GEI) is an American company operating in the entertainment industry. It was founded in 1998 and is headquartered in Las Vegas, Nevada. The company is listed on the NASDAQ stock exchange and employs over 8,500 people. GEI specializes in various business areas, including casinos, bars, restaurants, hotels, and entertainment offerings. Currently, GEI operates 10 casinos in Nevada and Maryland. The casinos offer a variety of games such as table games, slot machines, sports betting, and bingo. The restaurants and bars in the casinos offer a wide range of food and drinks. Another business area of GEI is sports betting. The company operates a sports betting platform called "Stratosphere Sports" that allows customers to bet on a variety of sports events. The platform is available online and on mobile devices, offering bets on various sports such as football, basketball, hockey, and more. In addition to casinos and sports betting, GEI also operates a hotel chain in Las Vegas. The "Stratosphere Hotel and Tower" offers luxurious rooms and suites, as well as numerous facilities such as a pool, gym, and spa. The company also operates an entertainment division called "ACEP Entertainment". This division offers a variety of entertainment offerings, including concerts, comedy shows, and more. ACEP Entertainment also annually organizes the "Laughlin River Run", the largest motorcycle event in the southwestern United States. Golden Entertainment is an innovative company that is constantly striving to expand its business and enter new market segments. GEI recently formed a strategic partnership with William Hill, a leading provider of sports betting, to expand the offering of sports betting in its casinos and online. Overall, Golden Entertainment is a versatile company operating in many areas of the entertainment industry. The company has a strong market position through its various divisions and products, and is able to offer customers a wide range of entertainment offerings. The company has successfully expanded in the past and has set the stage for further growth through its innovative spirit. Golden Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Golden Entertainment's P/S Ratio

Golden Entertainment's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Golden Entertainment's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Golden Entertainment's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Golden Entertainment’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Golden Entertainment stock

What is the price-to-earnings ratio of Golden Entertainment?

The price-earnings ratio of Golden Entertainment is currently 1.34.

How has the price-earnings ratio of Golden Entertainment changed compared to last year?

The price-to-earnings ratio of Golden Entertainment has increased by 4.69% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Golden Entertainment high compared to other companies?

Yes, the price-to-earnings ratio of Golden Entertainment is high compared to other companies.

How does an increase in the price-earnings ratio of Golden Entertainment affect the company?

An increase in the price-earnings ratio of Golden Entertainment would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Golden Entertainment affect the company?

A decrease in the price-earnings ratio of Golden Entertainment would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Golden Entertainment?

Some factors that influence the price-earnings ratio of Golden Entertainment are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Golden Entertainment pay?

Over the past 12 months, Golden Entertainment paid a dividend of 2 USD . This corresponds to a dividend yield of about 6.34 %. For the coming 12 months, Golden Entertainment is expected to pay a dividend of 1.37 USD.

What is the dividend yield of Golden Entertainment?

The current dividend yield of Golden Entertainment is 6.34 %.

When does Golden Entertainment pay dividends?

Golden Entertainment pays a quarterly dividend. This is distributed in the months of September, April, July, October.

How secure is the dividend of Golden Entertainment?

Golden Entertainment paid dividends every year for the past 4 years.

What is the dividend of Golden Entertainment?

For the upcoming 12 months, dividends amounting to 1.37 USD are expected. This corresponds to a dividend yield of 4.35 %.

In which sector is Golden Entertainment located?

Golden Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Golden Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Entertainment from 10/2/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.

When did Golden Entertainment pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Golden Entertainment in the year 2023?

In the year 2023, Golden Entertainment distributed 0 USD as dividends.

In which currency does Golden Entertainment pay out the dividend?

The dividends of Golden Entertainment are distributed in USD.

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Andere Kennzahlen von Golden Entertainment

Our stock analysis for Golden Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Golden Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.