CEC Entertainment Inc. Hits New 52-Week High at $45.92 (CEC)
CEC Entertainment (NYSE:CEC)’s share price reached a new 52-week high during mid-day trading on Friday, Analyst Ratings.Net reports. The stock traded as high as $45.92 and last traded at $45.75, with a volume of 29,368 shares traded. The stock had previously closed at $45.40.
CEC has been the subject of a number of recent research reports. Analysts at Sidoti initiated coverage on shares of CEC Entertainment (NYSE:CEC) in a research note to investors on Wednesday. They set a “buy” rating on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of CEC Entertainment (NYSE:CEC) from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 19th. Finally, analysts at Zacks upgraded shares of CEC Entertainment (NYSE:CEC) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, August 7th. They now have a $45.70 price target on the stock.
CEC Entertainment has a one year low of $28.95 and a one year high of $45.66. The stock’s 50-day moving average is $42.50 and its 200-day moving average is $39.16. The company has a market cap of $773.2 million and a P/E ratio of 16.59.
CEC Entertainment (NYSE:CEC) last announced its earnings results on Thursday, August 1st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. The company had revenue of $191.90 million for the quarter, compared to the consensus estimate of $192.95 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, analysts predict that CEC Entertainment will post $2.95 earnings per share for the current fiscal year.
CEC Entertainment, Inc is engaged in the family dining and entertainment center business. The Company develops, operates and franchises family dining and entertainment centers under the name Chuck E.
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