Gaylord Entertainment Stock Gaps Up On Today's Open (GET)

NEW YORK ( TheStreet) -- Shares of Gaylord Entertainment (NYSE: GET) were gapping up Thursday morning with an open price 11.2% higher than Wednesday's closing price. The stock closed at $34.48 Wednesday and opened today's trading at $38.33.

The average volume for Gaylord Entertainment has been 507,400 shares per day over the past 30 days. Gaylord Entertainment has a market cap of $1.71 billion and is part of the services sector and leisure industry. Shares are up 42.8% year to date as of the close of trading on Wednesday.

Gaylord Entertainment Company, through its subsidiaries, operates as a hospitality and entertainment company in the United States. The company primarily focuses on the large group meetings and conventions sector of the lodging market. The company has a P/E ratio of 94.6, below the average leisure industry P/E ratio of 97.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Gaylord Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full Gaylord Entertainment Ratings Report.

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