Shuffle Master (NASDAQ: SHFL) posted its quarterly earnings results on Monday. The company reported $0.12 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.12. The company had revenue of $58.80 million for the quarter, compared to the consensus estimate of $59.89 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis.
SHFL has been the subject of a number of recent research reports. Analysts at Brean Murray reiterated a “buy” rating on shares of Shuffle Master in a research note to investors on Thursday. They now have a $19.00 price target on the stock. On a related note, analysts at Zacks downgraded shares of Shuffle Master from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, February 18th. They now have a $15.30 price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Shuffle Master from $18.00 to $17.00 in a research note to investors on Tuesday, December 18th. They now have a “buy” rating on the stock.
Shares of Shuffle Master (SHFL) traded up 0.95% during mid-day trading on Monday, hitting $15.99. Shuffle Master (SHFL) has a 52 week low of $11.75 and a 52 week high of $18.77. The stock’s 50-day moving average is currently $15.34. The company has a market cap of $884.6 million and a P/E ratio of 23.29.
Shuffle Master, Inc. is engaged in developing, manufacturing and marketing technology and entertainment-based products for the gaming industry for placement on the casino floor.
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