Red Rock Resorts (NASDAQ:RRR) is scheduled to release its earnings data after the market closes on Wednesday, November 7th. Analysts expect Red Rock Resorts to post earnings of $0.24 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
RRR traded down $0.65 during trading on Monday, hitting $24.26. The company’s stock had a trading volume of 49,801 shares, compared to its average volume of 1,197,764. Red Rock Resorts has a twelve month low of $21.20 and a twelve month high of $36.99. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.63 and a current ratio of 0.67. The firm has a market cap of $2.90 billion, a PE ratio of 39.13 and a beta of 1.65.
Several brokerages have issued reports on RRR. BidaskClub raised Red Rock Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, August 21st. SunTrust Banks reaffirmed a “buy” rating and set a $38.00 target price on shares of Red Rock Resorts in a research report on Thursday, August 16th. TheStreet lowered Red Rock Resorts from a “b-” rating to a “c” rating in a research report on Monday, September 24th. ValuEngine lowered Red Rock Resorts from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. Finally, Zacks Investment Research lowered Red Rock Resorts from a “hold” rating to a “sell” rating in a research report on Friday, October 5th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. Red Rock Resorts has an average rating of “Hold” and a consensus price target of $35.30.
Red Rock Resorts Company Profile
Red Rock Resorts, Inc, through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas operations and Native American management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market.
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