Shares of Pinnacle Entertainment, traded up 3.63% during mid-day trading on Monday, hitting $14.83. Pinnacle Entertainment, has a 52 week low of $8.89 and a 52 week high of $16.97. The stock?s 50-day moving average is currently $14.83. The company?s market cap is $865.8 million. Pinnacle Entertainment, last announced its earnings results on Wednesday, February 13th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.12. The company had revenue of $301.32 million for the quarter, compared to the consensus estimate of $307.40 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company?s revenue for the quarter was up 9.4% on a year-over-year basis. On average, analysts predict that Pinnacle Entertainment, will post $0.85 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Nomura initiated coverage on shares of Pinnacle Entertainment, in a research note to investors on Monday, March 4th. They set a ?buy? rating and a $18.00 price target on the stock. Separately, analysts at Bank of America initiated coverage on shares of Pinnacle Entertainment, in a research note to investors on Monday, March 4th. They set a ?buy? rating and a $18.00 price target on the stock. Finally, analysts at JPMorgan Chase cut their price target on shares of Pinnacle Entertainment, from $23.00 to $20.00 in a research note to investors on Thursday, February 14th. Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities.