Shuffle Master (SHFL) started off very strong today, and is expected to report huge earnings by closing.
Analysts are expecting to have $0.20 earnings per share on revenues of $71.57 million.
As of yesterday the company’s P/E ratio was sitting at 25.72.
Over the next quarter SHFL is projected raise revenues by 8.7% and the EPS will decrease 0%. Looking ahead in the year, Shuffle Master is expected to have 291.4 million dollars in revenue, with an average EPS of $0.79.
According to Motley Fools CAPS, the stock received a three star rating (out of five) with 418 out of the 496 members rating it outperform. From the recommendations of the highest ranked CAPS members, 136 of the 159 of them gave SHFL entertainment a green thumbs up rating. Wall Street recommendations (tracked by S&P Capital IQ) also had the same opinion on SHFL entertainment to outperform, with an average price ticket of $17.32. with many companies competing with SHFL entertainment for consumers’ money, a strong company name matters, which is what SHFL provides along with growth for even mature, boring companies.
Top institutional holders of SHFL Entertainment include Bridger Management, managed by Roberto Mignone, who holds a $40 million take, followed by Arrowstreet Capital and Ken Fisher’s Fisher Asset Management.
THE TRADE
Buy the SHFL 17 Call for $1.00
Risk: $100 per 1 Lot
Reward: Theoretically Unlimited
Break-even: $18
GREEKS OF THIS TRADE:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long
