SHFL Entertainment Inc. Hits New 52-Week High at $23.09 (SHFL)
Shares of SHFL Entertainment (NASDAQ:SHFL) hit a new 52-week high during trading hours on Thursday, AR Network reports. The company traded as high as $23.09 and last traded at $22.99, with a volume of 390,323 shares trading hands. The stock had previously closed at $22.98.
Several analysts have recently commented on the stock. Analysts at Brean Capital downgraded shares of SHFL Entertainment (NASDAQ:SHFL) from a “buy” rating to a “hold” rating in a research note to investors on Friday, July 19th. Separately, analysts at Stifel Nicolaus downgraded shares of SHFL Entertainment (NASDAQ:SHFL) from a “buy” rating to a “hold” rating in a research note to investors on Thursday, July 18th. They now have a $21.00 price target on the stock. Finally, analysts at Sidoti downgraded shares of SHFL Entertainment (NASDAQ:SHFL) from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, July 16th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.67.
SHFL Entertainment has a 52 week low of $12.35 and a 52 week high of $23.08. The stock’s 50-day moving average is $22.76 and its 200-day moving average is $18.90. The company has a market cap of $1.283 billion and a P/E ratio of 36.53.
SHFL Entertainment (NASDAQ:SHFL) last announced its earnings results on Friday, September 6th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.05. The company had revenue of $73.53 million for the quarter, compared to the consensus estimate of $77.57 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, analysts predict that SHFL Entertainment will post $0.76 earnings per share for the current fiscal year.
SHFL entertainment, Inc, formerly Shuffle Master, Inc, is a global gaming supplier. The Company operates in four segments: Utility products, which include automatic card shufflers and roulette chip sorters; Proprietary Table Games, which include live games, side bets and progressives, as well as its i-Gaming, which features online versions of its table games, social gaming and mobile applications; Electronic Table Systems (NASDAQ:SHFL), which include various e-Table game platforms, and Electronic Gaming Machines (EGM), which include video slot machines.
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