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.

Many analysts weighed in on price targets for ERI. The most optimistic analyst gave a price target of 26, implying a possible profit of 30 percent. The most pessimistic analyst gave a price target of 20, which equates to a potential downside of 0 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 11.45 percent. That number becomes 11.36 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.61 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -21.07 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ERI's earnings is estimated by analysts to be 44.97 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 87.79 percent higher than its low, and 8.38 percent lower than its 52-week high. 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 stock has a market capitalization of $1.53 billion. ERI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.