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 highest price target was 26, implying potential capital gains of 30 percent. The most pessimistic price target was 20, which equates to a potential downside of 0 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 11.45 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 11.36 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.61 percent. If we look at the last 90 days instead, we find a net average change of -21.07 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ERI to grow at a rate of 44.97 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the high by 8.38 percent. ERI has a P/E 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.