Isle of Capri Casinos Inc. (NASDAQ:ISLE) has earned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the stock. Eight investment analysts have rated the stock with a hold recommendation. The average 1 year price objective among brokers that have covered the stock in the last year is $19.33.

ISLE has been the topic of a number of analyst reports. Zacks Investment Research cut Isle of Capri Casinos from a “hold” rating to a “sell” rating in a research note on Wednesday, August 31st. Gabelli cut Isle of Capri Casinos from a “buy” rating to a “hold” rating in a research note on Tuesday, September 20th. Stifel Nicolaus cut Isle of Capri Casinos from a “buy” rating to a “hold” rating in a research note on Tuesday, September 20th. TheStreet cut Isle of Capri Casinos from a “buy” rating to a “hold” rating in a research note on Tuesday, August 30th. Finally, Macquarie cut Isle of Capri Casinos from an “outperform” rating to a “neutral” rating and set a $23.00 price objective on the stock. in a research note on Wednesday, September 21st.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alambic Investment Management L.P. raised its position in shares of Isle of Capri Casinos by 0.6% in the third quarter. Alambic Investment Management L.P. now owns 31,948 shares of the company’s stock worth $712,000 after buying an additional 200 shares in the last quarter. Nationwide Fund Advisors raised its position in shares of Isle of Capri Casinos by 0.5% in the second quarter. Nationwide Fund Advisors now owns 64,046 shares of the company’s stock worth $1,173,000 after buying an additional 288 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Isle of Capri Casinos by 0.8% in the third quarter. California State Teachers Retirement System now owns 52,845 shares of the company’s stock worth $1,177,000 after buying an additional 400 shares in the last quarter. Rhumbline Advisers raised its position in shares of Isle of Capri Casinos by 1.7% in the third quarter. Rhumbline Advisers now owns 25,134 shares of the company’s stock worth $560,000 after buying an additional 419 shares in the last quarter. Finally, American International Group Inc. raised its position in shares of Isle of Capri Casinos by 10.8% in the second quarter. American International Group Inc. now owns 14,398 shares of the company’s stock worth $264,000 after buying an additional 1,400 shares in the last quarter. 48.79% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Isle of Capri Casinos (NASDAQ:ISLE) opened at 22.21 on Monday. The firm has a market cap of $917.34 million, a P/E ratio of 17.24 and a beta of 1.59. Isle of Capri Casinos has a 1-year low of $10.62 and a 1-year high of $23.32. The firm’s 50-day moving average is $21.54 and its 200-day moving average is $18.69.

Isle of Capri Casinos (NASDAQ:ISLE) last announced its quarterly earnings data on Tuesday, August 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by $0.04. Isle of Capri Casinos had a return on equity of 82.82% and a net margin of 5.49%. The company had revenue of $240.86 million for the quarter, compared to the consensus estimate of $246.88 million. During the same quarter in the prior year, the company earned $0.28 EPS. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. On average, analysts anticipate that Isle of Capri Casinos will post $1.24 EPS for the current fiscal year.

Isle of Capri Casinos Company Profile

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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