Red Rock Resorts Inc (RRR) is predicted to post EPS of 0.48 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

As on Thursday, Red Rock Resorts Inc (NASDAQ: RRR) started slowly as it slid -3.29% to $42.69, before settling in for the price of $44.14 at the close. Taking a more long-term approach, RRR posted a 52-week range of $42.33-$63.28.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 3.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.72%. This publicly-traded company’s shares outstanding now amounts to $59.63 million, simultaneously with a float of $50.73 million. The organization now has a market capitalization sitting at $4.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $47.93, while the 200-day Moving Average is $51.81.

Red Rock Resorts Inc (RRR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Resorts & Casinos industry. Red Rock Resorts Inc’s current insider ownership accounts for 15.54%, in contrast to 84.88% 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

Red Rock Resorts Inc’s EPS increase for this current 12-month fiscal period is 13.72% and is forecasted to reach 1.87 in the upcoming year.

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 0.86. The Stock has managed to achieve an average true range (ATR) of 1.62. Alongside those numbers, its PE Ratio stands at $19.33, and its Beta score is 1.69. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.33. Similarly, its price to free cash flow for trailing twelve months is now 18.15.

In the same vein, RRR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.21, a figure that is expected to reach 0.48 in the next quarter, and analysts are predicting that it will be 1.87 at the market close of one year from today.

Technical Analysis of Red Rock Resorts Inc (RRR)

Through scrutinizing the latest numbers posted by the [Red Rock Resorts Inc, RRR], it can be observed that its last 5-days Average volume of 0.85 million was better the volume of 0.64 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 11.97% While, its Average True Range was 1.69.

Raw Stochastic average of Red Rock Resorts Inc (RRR) in the period of the previous 100 days is set at 2.48%, which indicates a major fall in contrast to 3.38% 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 27.65% that was lower than 31.58% volatility it exhibited in the past 100-days period.