Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Red Rock Resorts Inc (NASDAQ: RRR) closed the day trading at $55.02 up 1.66% from the previous closing price of $54.12. In other words, the price has increased by $1.66 from its previous closing price. On the day, 0.58 million shares were traded. RRR stock price reached its highest trading level at $55.245 during the session, while it also had its lowest trading level at $54.38.
Ratios:
For a better understanding of RRR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 19.92 whereas as Long-Term Debt/Eq ratio is at 19.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 26, 2024, initiated with a Buy rating and assigned the stock a target price of $69.
On January 18, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 23 ’24 when Cootey Stephen Lawrence sold 7,520 shares for $57.74 per share. The transaction valued at 434,234 led to the insider holds 243,808 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RRR now has a Market Capitalization of 5550747648 and an Enterprise Value of 6534835200. As of this moment, Red’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.66, and their Forward P/E ratio for the next fiscal year is 18.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 19.18. Its current Enterprise Value per Revenue stands at 3.79 whereas that against EBITDA is 9.036.
Stock Price History:
The Beta on a monthly basis for RRR is 2.09, which has changed by 0.1367768 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, RRR has reached a high of $63.28, while it has fallen to a 52-week low of $37.17. The 50-Day Moving Average of the stock is -5.46%, while the 200-Day Moving Average is calculated to be 12.64%.
Shares Statistics:
Over the past 3-months, RRR traded about 414.58K shares per day on average, while over the past 10 days, RRR traded about 456930 shares per day. A total of 58.87M shares are outstanding, with a floating share count of 50.01M. Insiders hold about 16.09% of the company’s shares, while institutions hold 85.13% stake in the company. Shares short for RRR as of 1713139200 were 1725005 with a Short Ratio of 4.16, compared to 1710460800 on 2054581. Therefore, it implies a Short% of Shares Outstanding of 1725005 and a Short% of Float of 4.1199997.
Dividends & Splits
RRR’s forward annual dividend rate is 0.99, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.018477459
Earnings Estimates
The dynamic stock of Red Rock Resorts Inc (RRR) is currently attracting attention from 12.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.67 for the current quarter, with a high estimate of $1.08 and a low estimate of $0.48, while EPS last year was $0.43. The consensus estimate for the next quarter is $0.59, with high estimates of $0.95 and low estimates of $0.42.
Analysts are recommending an EPS of between $4.1 and $1.88 for the fiscal current year, implying an average EPS of $2.56. EPS for the following year is $2.87, with 12.0 analysts recommending between $4.37 and $2.03.
Revenue Estimates
13 analysts predict $492.56M in revenue for the current quarter. It ranges from a high estimate of $526M to a low estimate of $476.2M. As of the current estimate, Red Rock Resorts Inc’s year-ago sales were $433.64MFor the next quarter, 13 analysts are estimating revenue of $475.71M. There is a high estimate of $506M for the next quarter, whereas the lowest estimate is $461.07M.
A total of 14 analysts have provided revenue estimates for RRR’s current fiscal year. The highest revenue estimate was $2.04B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $1.94B. In the same quarter a year ago, actual revenue was $1.72BBased on 14 analysts’ estimates, the company’s revenue will be $2.02B in the next fiscal year. The high estimate is $2.08B and the low estimate is $1.95B.
