CEC Entertainment Inc. Reaches New 12-Month High at $46.55 (CEC)
CEC Entertainment (NYSE:CEC)’s share price reached a new 52-week high during trading on Monday, AnalystRatingsNetwork.com reports. The stock traded as high as $46.55 and last traded at $46.23, with a volume of 37,632 shares traded. The stock had previously closed at $46.15.
A number of analysts have recently weighed in on CEC shares. Analysts at Zacks downgraded shares of CEC Entertainment from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $49.70 price target on the stock. Separately, analysts at Sidoti initiated coverage on shares of CEC Entertainment in a research note to investors on Wednesday, September 25th. They set a “buy” rating on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of CEC Entertainment from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 19th.
CEC Entertainment has a 1-year low of $28.95 and a 1-year high of $46.55. The stock’s 50-day moving average is $43.52 and its 200-day moving average is $40.40. The company has a market cap of $781.4 million and a P/E ratio of 16.86.
CEC Entertainment (NYSE:CEC) last released its earnings data 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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