Isle of Capri Casinos Inc. (NASDAQ:ISLE) has been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the stock. Eight analysts have rated the stock with a hold rating. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $19.33.

Several research firms recently commented on ISLE. Macquarie downgraded Isle of Capri Casinos from an “outperform” rating to a “neutral” rating and set a $23.00 price objective for the company. in a research note on Wednesday, September 21st. Stifel Nicolaus downgraded Isle of Capri Casinos from a “buy” rating to a “hold” rating in a research note on Tuesday, September 20th. Gabelli cut Isle of Capri Casinos from a “buy” rating to a “hold” rating in a report on Tuesday, September 20th. Zacks Investment Research upgraded Isle of Capri Casinos from a “sell” rating to a “hold” rating in a report on Wednesday, September 7th. Finally, TheStreet cut Isle of Capri Casinos from a “buy” rating to a “hold” rating in a report on Tuesday, August 30th.

Isle of Capri Casinos (NASDAQ:ISLE) opened at 22.19 on Monday. Isle of Capri Casinos has a 1-year low of $10.62 and a 1-year high of $23.32. The stock has a market capitalization of $916.51 million, a price-to-earnings ratio of 17.23 and a beta of 1.47. The firm’s 50-day moving average is $20.00 and its 200 day moving average is $17.44.

Isle of Capri Casinos (NASDAQ:ISLE) last posted its quarterly earnings data on Tuesday, August 30th. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ 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 analyst estimates of $246.88 million. During the same period in the prior year, the company posted $0.28 earnings per share. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. Equities analysts anticipate that Isle of Capri Casinos will post $1.24 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Lafitte Capital Management LP acquired a new position in Isle of Capri Casinos during the first quarter worth $4,811,000. UBS Oconnor LLC acquired a new position in Isle of Capri Casinos during the second quarter worth $3,313,000. Bank of Montreal Can acquired a new position in Isle of Capri Casinos during the second quarter worth $2,855,000. Addison Clark Management L.L.C. boosted its position in Isle of Capri Casinos by 159.3% in the second quarter. Addison Clark Management L.L.C. now owns 236,000 shares of the company’s stock worth $4,324,000 after buying an additional 145,000 shares in the last quarter. Finally, Panagora Asset Management Inc. boosted its position in Isle of Capri Casinos by 36.4% in the first quarter. Panagora Asset Management Inc. now owns 392,563 shares of the company’s stock worth $5,496,000 after buying an additional 104,850 shares in the last quarter. Institutional investors and hedge funds own 53.64% of the company’s stock.

About Isle of Capri Casinos

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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