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Red Rock Resorts Inc (NASDAQ: RRR) closed the day trading at $43.13 down -3.01% from the previous closing price of $44.47. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
For a better understanding of RRR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 16.00 whereas as Long-Term Debt/Eq ratio is at 15.73.
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 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:
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 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:
As of this moment, Red’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.53, and their Forward P/E ratio for the next fiscal year is 23.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 11.96.
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 $42.46. The 50-Day Moving Average of the stock is -10.24%, while the 200-Day Moving Average is calculated to be -16.83%.
Shares Statistics:
A total of 59.63M shares are outstanding, with a floating share count of 50.73M. Insiders hold about 15.54% of the company’s shares, while institutions hold 84.88% stake in the company.
