Analyst Ratings for Eldorado Resorts Inc. (ERI)

Updated: 2017-07-28

Shares of Eldorado Resorts Inc. (NASDAQ:ERI) have received a consensus rating of Buy from Wall Street analysts. Last month, ERI received an average rating of Buy.

A buy rating was issued by 4 analysts, 0 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for ERI by the analysts covering the stock. The maximum price target given was 26, implying a possible profit of 30 percent. The minimum price target given was 20, implying a possible loss of 0 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 11.45 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 11.36 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.61 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.07 percent.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ERI to grow at a rate of 44.97 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ERI is 0.95.

ERI has a 52-week high of 21.83 and a 52-week low of 10.65. Today's price is 87.79 percent above the 52-week low, and below the high by 8.38 percent. ERI has a price/earnings ratio of 42.55. Investors typically compare the P/E ratio to a company's peers in the industry. The ERI value stock report compares ERI to some of its peers using value stock charts. The market cap of ERI is $1.53 billion. ERI will post this quarters earnings in days, on 0000-00-00.