Red Rock Resorts Inc (NASDAQ: RRR) started the day on Wednesday, with a price increase of 12.79% at $42.41, before settling in for the price of $37.60 at the close. Taking a more long-term approach, RRR posted a 52-week range of $35.09-$62.24.
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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 3.89% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.06%. This publicly-traded company’s shares outstanding now amounts to $59.63 million, simultaneously with a float of $50.81 million. The organization now has a market capitalization sitting at $4.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $46.76, while the 200-day Moving Average is $51.03.
Red Rock Resorts Inc (RRR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Resorts & Casinos Industry. Red Rock Resorts Inc’s current insider ownership accounts for 15.41%, in contrast to 84.85% 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 0.44 per share during the current fiscal year.
Red Rock Resorts Inc’s EPS increase for this current 12-month fiscal period is 15.06% and is forecasted to reach 1.89 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 2.38. Alongside those numbers, its PE Ratio stands at $19.20, and its Beta score is 1.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.32. Similarly, its price to free cash flow for trailing twelve months is now 18.03.
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 1.89 at the market close of one year from today.
Technical Analysis of Red Rock Resorts Inc (RRR)
If we take a close look at the recent performances of Red Rock Resorts Inc (NASDAQ: RRR), its last 5-days Average volume was 1.32 million that shows progress from its year to date volume of 0.67 million. During the previous 9 days, stock’s Stochastic %D was recorded 46.35% While, its Average True Range was 2.78.
Raw Stochastic average of Red Rock Resorts Inc (RRR) in the period of the previous 100 days is set at 38.77%, which indicates a major fall in contrast to 68.99% 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 72.74% that was higher than 38.41% volatility it exhibited in the past 100-days period.
