Witnessing the stock’s movement on the chart, on Thursday, Red Rock Resorts Inc (NASDAQ: RRR) had a quiet start as it plunged -3.09% to $51.46, before settling in for the price of $53.10 at the close. Taking a more long-term approach, RRR posted a 52-week range of $37.17-$63.28.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 3.48%. Meanwhile, its Annual Earning per share during the time was 10.75%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.47%. This publicly-traded company’s shares outstanding now amounts to $58.87 million, simultaneously with a float of $50.51 million. The organization now has a market capitalization sitting at $5.43 billion. At the time of writing, stock’s 50-day Moving Average stood at $54.05, while the 200-day Moving Average is $55.11.
Red Rock Resorts Inc (RRR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Resorts & Casinos industry. Red Rock Resorts Inc’s current insider ownership accounts for 15.28%, in contrast to 84.19% institutional ownership. According to the most recent insider trade that took place on Aug 06 ’24, this organization’s Vice President bought 33,000 shares at the rate of 52.91, making the entire transaction reach 1,746,096 in total value, affecting insider ownership by 47,579,301. Preceding that transaction, on Aug 05 ’24, Company’s Vice President bought 33,000 for 49.77, making the whole transaction’s value amount to 1,642,377. This particular insider is now the holder of 47,546,301 in total.
Red Rock Resorts Inc (RRR) Earnings and Revenue Records
Red Rock Resorts Inc’s EPS decrease for this current 12-month fiscal period is -2.47% and is forecasted to reach 1.94 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.57% through the next 5 years, which can be compared against the 10.75% growth it accomplished over the previous five years trading on the market.
Red Rock Resorts Inc (NASDAQ: RRR) Trading Performance Indicators
Let’s observe the current performance indicators for Red Rock Resorts Inc (RRR). It’s Quick Ratio in the last reported quarter now stands at 0.89. The Stock has managed to achieve an average true range (ATR) of 1.47. Alongside those numbers, its PE Ratio stands at $21.26, and its Beta score is 2.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.94. Similarly, its price to free cash flow for trailing twelve months is now 200.24.
In the same vein, RRR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.42, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.94 at the market close of one year from today.
Technical Analysis of Red Rock Resorts Inc (RRR)
Going through the that latest performance of [Red Rock Resorts Inc, RRR]. Its last 5-days volume of 0.57 million indicated improvement to the volume of 0.46 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 59.78% While, its Average True Range was 1.49.
Raw Stochastic average of Red Rock Resorts Inc (RRR) in the period of the previous 100 days is set at 28.83%, which indicates a major fall in contrast to 28.87% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.30% that was lower than 32.08% volatility it exhibited in the past 100-days period.
