Several analysts have recently updated their ratings and price targets for Isle of Capri Casinos (NASDAQ: ISLE):

  • 9/21/2016 – Isle of Capri Casinos was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating.
  • 9/20/2016 – Isle of Capri Casinos was downgraded by analysts at Gabelli from a “buy” rating to a “hold” rating.
  • 9/20/2016 – Isle of Capri Casinos was downgraded by analysts at Stifel Nicolaus to a “hold” rating.
  • 9/7/2016 – Isle of Capri Casinos was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Isle of Capri Casinos is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the United States. The company wholly or partially owns and operates gaming facilities under the name Isle of Capri. In addition, the company wholly owns and operates a pari-mutuel harness racing facility and owns interests in and operates gaming activities aboard a cruise ship based. “
  • 8/31/2016 – Isle of Capri Casinos was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Isle of Capri Casinos is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the United States. The company wholly or partially owns and operates gaming facilities under the name Isle of Capri. In addition, the company wholly owns and operates a pari-mutuel harness racing facility and owns interests in and operates gaming activities aboard a cruise ship based. “
  • 8/30/2016 – Isle of Capri Casinos was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating.
  • 8/16/2016 – Isle of Capri Casinos was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Isle of Capri Casinos is a developer, owner and operator of branded gaming and related lodging and entertainment facilities in growing markets in the United States. The company wholly or partially owns and operates gaming facilities under the name Isle of Capri. In addition, the company wholly owns and operates a pari-mutuel harness racing facility and owns interests in and operates gaming activities aboard a cruise ship based. “

Shares of Isle of Capri Casinos Inc. (NASDAQ:ISLE) traded up 2.51% during trading on Wednesday, reaching $22.88. The company’s stock had a trading volume of 738,756 shares. The company has a 50-day moving average price of $18.03 and a 200-day moving average price of $16.31. Isle of Capri Casinos Inc. has a one year low of $10.62 and a one year high of $22.91. The stock has a market cap of $945.01 million, a price-to-earnings ratio of 17.76 and a beta of 1.72.

Isle of Capri Casinos (NASDAQ:ISLE) last released its quarterly earnings data on Tuesday, August 30th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.04. Isle of Capri Casinos had a net margin of 5.49% and a return on equity of 82.82%. The firm earned $240.86 million during the quarter, compared to analysts’ expectations of $246.88 million. During the same period in the previous year, the business earned $0.28 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. On average, equities research analysts forecast that Isle of Capri Casinos Inc. will post $1.25 earnings per share for the current fiscal year.

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In other Isle of Capri Casinos news, insider Edmund L. Quatmann, Jr. sold 22,000 shares of the stock in a transaction on Wednesday, July 13th. The stock was sold at an average price of $18.90, for a total transaction of $415,800.00. Following the sale, the insider now owns 156,731 shares in the company, valued at approximately $2,962,215.90. The sale was disclosed in a legal filing with the SEC, which is available through this link. 38.20% of the stock is owned by corporate insiders.

Isle of Capri Casinos, Inc is a developer, owner and operator of branded gaming facilities and related dining, lodging and entertainment facilities in regional markets in the United States. The Company owns or operates over 10 gaming and entertainment facilities in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.

5 Day Chart for NASDAQ:ISLE

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