Red Rock Resorts, Inc. (NASDAQ:RRR) went up by 5.17% from its latest closing price when compared to the 1-year high value of $27.91 and move down -158.91%, while RRR stocks collected -11.28% of loss with the last five trading sessions. The Wall Street Journal reported on 05/19/20 that Pandemic Continues to Roil Retail Sector: Earnings at a Glance
Red Rock Resorts, Inc. (NASDAQ:RRR) Worth an Investment?
Red Rock Resorts, Inc. (NASDAQ: RRR) The 36 Months beta value for RRR stocks is at 2.63, while of the analysts out of 0 who provided ratings for Red Rock Resorts, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $14.00 which is $3.35 above current price. RRR currently has a short float of 6.47% and public float of 65.28M with average trading volume of 2.58M shares.
RRR Market Performance
RRR stocks went down by -11.28% for the week, with the monthly drop of -21.88% and a quarterly performance of 15.79%, while its annual performance rate touched -49.81%. The simple moving average for the period of the last 20 days is -19.22% for RRR stocks with the simple moving average of -40.48% for the last 200 days.
Analysts’ Opinion on Red Rock Resorts, Inc. (NASDAQ:RRR)
Many brokerage firms have already submitted their reports for RRR stocks, with SunTrust repeating the rating for RRR shares by setting it to “Buy”. The predicted price for RRR socks in the upcoming period according to SunTrust is $30 based on the research report published on February 4, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see RRR stock at the price of $30. The rating they have provided for RRR stocks is “Neutral” according to the report published on January 6, 2020.
Wolfe Research gave “Peer Perform” rating to RRR stocks, setting the target price at $30 in the report published on June 14, 2019.
RRR Stocks -8.13% Far from 50 Day Moving Average
After a stumble in the market that brought RRR to its low price for the period of the last 52 weeks, Red Rock Resorts, Inc. was unable to take a rebound, for now settling with -61.38% of loss for the given period.
The stock volatility was left at 9.91%, however, within the period of a single month, the volatility rate increased by 11.24%, while the shares sank at the distance of -22.17% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +8.12% upper at the present time.
In the course of the last 5 trading sessions, RRR went down by -11.28%, which changed the moving average for the period of 200 days to the total of -51.46% of losses for the stock in comparison to the 20-day moving average settled at $13.19. In addition, Red Rock Resorts, Inc. saw -54.99% in overturn over the period of a single year with a tendency to cut further losses.
RRR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Red Rock Resorts, Inc. (RRR), starting from FERTITTA FRANK J III, who bought 10,170 shares at the price of $19.50 back on Oct 07. After this action, Rushing now owns 47,155,972 shares of Red Rock Resorts, Inc., valued at $198,305 with the latest closing price.
FERTITTA LORENZO J, the Director of Red Rock Resorts, Inc., bought 10,171 shares at the value of $19.50 during a trade that took place back on Oct 07, which means that FERTITTA LORENZO J is holding 47,155,972 shares at the value of $198,324 based on the most recent closing price.
RRR Stock Fundamentals
The current profitability levels are settled at +14.44 for the present operating margin and +36.86 for gross margin. The net margin for Red Rock Resorts, Inc. stands at -0.18. Total capital return value is set at 7.15, while invested capital returns managed to touch -0.10. Equity return holds the value -35.80%, with -3.90% for asset returns.
Based on Red Rock Resorts, Inc. (RRR), the company’s capital structure generated 608.65 points for debt to equity in total, while total debt to capital is set at the value of 85.89. Total debt to assets is settled at the value of 74.08 with long-term debt to equity ratio rests at 1.65 and long-term debt to capital is 601.13.
The value for Enterprise to Sales is 2.00 with debt to enterprise value settled at 0.63. The receivables turnover for Red Rock Resorts, Inc. is 34.37 with the total asset turnover at the value of 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.