Are Analysts Too Bullish On Red Rock Resorts Inc (RRR)

Red Rock Resorts Inc (NASDAQ:RRR) currently has a daily average trading volume of 685.90K but it saw 1428080 shares traded in last market. With a market cap of 5.01B USD, the company’s current market price of $47.19 came rising about 5.78 while comparing to the previous closing price of $44.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.44 and as low as $34.36.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which downgraded the stock as “Hold” in its note to investors issued on January 03, 2025, recommending a price target of between $64 and $51 for it. Mizuho downgraded its recommendation for the stock as a “Neutral” from “Outperform” on November 25, 2024 while assigning a price target range of $57-$44. Wells Fargo also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $63 and $64.

Over the week, RRR’s stock price is moving 0.08% up while it is 15.16% when we observe its performance for the past one month. Year-to-date it is 4.23% up and over the past year, the stock is showing a downside performance of -5.98%.

Currently, Red Rock Resorts Inc’s total number of outstanding shares is 60.09M with 7.73% of that held by the insiders while 86.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.35% and return on equity (ROE) at 81.59%. It has a price to earnings ratio (P/E ratio) of 20.76 while having a 26.70 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 11.48 while price to sale or P/S ratio amounts to 2.57. Its return on asset (ROA) is 3.87% on average.