golden nugget stock price prediction

Full Answer

What will the Golden Nugget online gaming stock price rise in 2022?

The average Golden Nugget Online Gaming stock forecast 2022 represents a 5.18% increase from the last price of $8.4399995803833.

How much of Golden Nugget's stock is owned by institutions?

Only 21.48% of the stock of Golden Nugget Online Gaming is held by institutions. Earnings for Golden Nugget Online Gaming are expected to decrease in the coming year, from $0.57 to ($0.74) per share.

What is Golden Nugget online gaming?

Golden Nugget Online Gaming, Inc. operates as an online gaming and digital sports entertainment company. It offers patrons to play their favorite casino games and bet on live-action sports events in New Jersey and Michigan. The company is headquartered in Houston, Texas.

Should you hold Golden Nugget (Gnog) stock?

The consensus among Wall Street analysts is that investors should "hold" Golden Nugget Online Gaming stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GNOG, but not buy additional shares or sell existing shares.

Is Golden Nugget stock a buy?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Golden Nugget Online Gaming in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Golden Nugget Online Gaming stock.

How much is Golden Nugget stock?

Key Turning Points52-Week High23.24Fibonacci 50%14.01Fibonacci 38.2%11.83Last Price5.7852-Week Low4.771 more row•May 4, 2022

What happened to Golden Nugget stock?

In recent months, the company's stock plummeted to a new 52-week low, prompting Robins to call out people selling his company's stock as people who will “regret that decision more than any other decision you've ever made in your life.”

What will happen to GNOG shares?

DraftKings announced a deal to acquire GNOG in August 2021. DraftKings pay 0.365 newly issued shares for each common share of Golden Nugget Online Gaming, in a transaction that values the operator at $1.56bn (£1.19bn/€1.42bn).

Who is buying Golden Nugget?

DraftKingsThe companies announced the acquisition agreement in August 2021. DraftKings agreed to acquire Golden Nugget Online Gaming in an all-stock transaction with an implied equity value of approximately $1.56 billion.

Is GNOG being shorted?

Short Shares Availability This table shows the number of shares of US:GNOG available to be shorted at a leading prime brokerage.

What is the stock symbol for Golden Corral?

GDENCommon Stock (GDEN)

Should I buy or sell Golden Nugget Online Gaming stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golden Nugget Online Gaming in the last twelve months. T...

What is Golden Nugget Online Gaming's stock price forecast for 2022?

2 equities research analysts have issued 12 month target prices for Golden Nugget Online Gaming's stock. Their GNOG stock forecasts range from $27....

How has Golden Nugget Online Gaming's stock price performed in 2022?

Golden Nugget Online Gaming's stock was trading at $9.95 at the beginning of 2022. Since then, GNOG shares have decreased by 41.9% and is now tradi...

Who are Golden Nugget Online Gaming's key executives?

Golden Nugget Online Gaming's management team includes the following people: Mr. Tilman J. Fertitta , Chairman & CEO (Age 65, Pay $75k) Mr. Thom...

Who are some of Golden Nugget Online Gaming's key competitors?

Some companies that are related to Golden Nugget Online Gaming include JFrog (FROG) , EverCommerce (EVCM) , Ping Identity (PING) , Vertex (VERX...

What is Golden Nugget Online Gaming's stock symbol?

Golden Nugget Online Gaming trades on the NASDAQ under the ticker symbol "GNOG."

Who are Golden Nugget Online Gaming's major shareholders?

Golden Nugget Online Gaming's stock is owned by a number of retail and institutional investors. Top institutional investors include Versor Investme...

Which major investors are selling Golden Nugget Online Gaming stock?

GNOG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Group One Trading L.P., Wolverine...

Which major investors are buying Golden Nugget Online Gaming stock?

GNOG stock was bought by a variety of institutional investors in the last quarter, including Versor Investments LP, Capital Research Global Investo...

Golden Nugget Online Gaming (NASDAQ:GNOG) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).

Analyst Price Target Consensus

Sign-up to receive the latest news and ratings for GNOG and its competitors with MarketBeat's FREE daily newsletter.

Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.

Golden Nugget Online Gaming (NASDAQ:GNOG) Analyst Ratings Frequently Asked Questions

According to the issued ratings of 3 analysts in the last year, the consensus rating for Golden Nugget Online Gaming stock is Hold based on the current 2 hold ratings and 1 buy rating for GNOG. The average twelve-month price target for Golden Nugget Online Gaming is $25.00 with a high price target of $28.00 and a low price target of $20.00.

How to determine the value of a golden nugget?

Investors typically determine Golden Nugget value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Nugget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

What is Golden Nugget value examination?

Most of Golden Nugget's value examination focuses on studying past and present price action to predict the probability of Golden Nugget's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Golden Nugget's price.

What is mean reversion in Golden Nugget?

This tendency of Golden Nugget's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Golden Nugget in the context of predictive analytics.

Does Golden Nugget have volatility?

Golden Nugget's implied volatility exposes the market's sentiment of Golden Nugget Online stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Golden Nugget's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Golden Nugget stock will not fluctuate a lot when Golden Nugget's options are near their expiration.

Is Golden Nugget a financial analysis?

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Golden Nugget. Your research has to be compared to or analyzed against Golden Nugget's peers to derive any actionable benefits. When done correctly, Golden Nugget's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Golden Nugget Online.

Is Golden Nugget a volatile asset?

Golden Nugget is not too volatile asset. Analysis and calculation of next after-hype price of Golden Nugget Online is based on 3 months time horizon.

Will GNOGW stock price drop / fall?

Yes. The Golden Nugget Online Gaming stock price may drop from 1.410 USD to 0.000001 USD . The change will be -100.00 %.

Is Golden Nugget a good stock?

At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Golden Nugget Online Gaming Inc. If you are looking for stocks with good return, Golden Nugget Online Gaming Inc stock can be a bad, high-risk 1-year investment option. Golden Nugget Online Gaming Inc real time quote is equal to 1.410 USD at 2021-10-22, but your current investment may be devalued in the future.

How many states does Golden Nugget operate in?

In the first quarter of 2021, the company reported earnings of $26.7 million—a 54 percent increase of the same period in 2020. Currently, it operates in 12 states.

How much will Draftkings increase in 2021?

News of the acquisition came the same day DraftKings’ reported a 320 percent increase in its revenues for the second quarter of 2021 compared to last year.

How long does Fertitta hold Draftkings shares?

Fertitta, who owns about 46 percent of the equity in GNOG, will hold the DraftKings shares issued to him in the merger for a minimum of one year after the transaction closes .

Who is the parent company of the Houston Rockets?

As part of the deal, DraftKings also entered into a commercial agreement with Fertitta Entertainment, Inc., the parent company of the Houston Rockets, Golden Nugget, LLC, and Landry’s LLC. The commercial agreement will give DraftKings marketing and sponsorship assets with the Houston Rockets, an expanded retail sportsbook presence, and the option to obtain market access to certain Golden Nugget casinos.

How much is Golden Nugget stock worth in 2021?

The Golden Nugget Online Gaming, Inc. stock price gained 2.04% on the last trading day (Friday, 9th Jul 2021), rising from $12.24 to $12.49. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 6.42% from a day low at $11.90 to a day high of $12.66. The price has fallen in 7 of the last 10 days and is down by -4.22% for this period. Volume fell on the last day by -2 million shares and in total, 1 million shares were bought and sold for approximately $13.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

What is the price target for GNOG in 2021?

On Aug 11, 2021 "Benchmark" gave "" rating for GNOG. The price target was set to $18.81+1.7% .

Is Golden Nugget Online Gaming, Inc. stock A Buy?

Golden Nugget Online Gaming, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.