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 highest price target was 26, implying potential capital gains of 30 percent. The lowest price target was 20, which equates to a potential downside of 0 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.07 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. ERI has a PEG ratio of 0.95.

In the trailing 52-weeks, ERI hit 21.83 at the highest peak, while it's lowest trading point was 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.