In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Red Rock Resorts Inc (NASDAQ: RRR) closed at $43.94 down -1.90% from its previous closing price of $44.79. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 0.53 million shares were traded. RRR stock price reached its highest trading level at $44.435 during the session, while it also had its lowest trading level at $43.82.
Ratios:
For a deeper understanding of Red Rock Resorts Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 19.63 whereas as Long-Term Debt/Eq ratio is at 19.50.
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 the company, Jefferies on January 03, 2025, Downgraded its rating to Hold and sets its target price to $51 from $64 previously.
On November 25, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $57 to $44.
Wells Fargo Downgraded its Overweight to Equal Weight on July 24, 2024, whereas the target price for the stock was revised from $63 to $64.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 06 ’24 when FERTITTA LORENZO J bought 33,000 shares for $52.91 per share. The transaction valued at 1,746,096 led to the insider holds 47,579,301 shares of the business.
FERTITTA LORENZO J bought 33,000 shares of RRR for $1,642,377 on Aug 05 ’24. The Vice President now owns 47,546,301 shares after completing the transaction at $49.77 per share. On Aug 06 ’24, another insider, FERTITTA FRANK J III, who serves as the Chief Executive Officer of the company, bought 67,000 shares for $52.91 each. As a result, the insider paid 3,545,104 and bolstered with 46,115,301 shares of the company.
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 4507540992 and an Enterprise Value of 6001030656. As of this moment, Red’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.07, and their Forward P/E ratio for the next fiscal year is 25.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 14.93. Its current Enterprise Value per Revenue stands at 3.148 whereas that against EBITDA is 7.871.
Stock Price History:
Over the past 52 weeks, RRR has reached a high of $63.28, while it has fallen to a 52-week low of $43.64. The 50-Day Moving Average of the stock is -11.28%, while the 200-Day Moving Average is calculated to be -17.86%.
Shares Statistics:
For the past three months, RRR has traded an average of 597.08K shares per day and 400700 over the past ten days. A total of 59.63M shares are outstanding, with a floating share count of 50.52M. Insiders hold about 15.28% of the company’s shares, while institutions hold 86.07% stake in the company. Shares short for RRR as of 1734048000 were 2160202 with a Short Ratio of 3.62, compared to 1731628800 on 2845680. Therefore, it implies a Short% of Shares Outstanding of 2160202 and a Short% of Float of 5.3600002.
Dividends & Splits
According to the company, the forward annual dividend rate for RRR is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022326412
