Analyst Ratings for Red Rock Resorts Inc. Cl A (RRR)

Updated: 2017-07-28

Analysts covering Red Rock Resorts Inc. Cl A (NASDAQ:RRR) have given it a consensus rating of Buy. Last month, RRR received an average rating of Buy.

Of the 9 analysts covering the stock, 8 gave it a buy rating, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for RRR. The highest price target was 27, which equates to a potential upside of 10.47 percent. The most pessimistic price target was 24, which equates to a potential downside of -1.8 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 0 percent. That number becomes -14.72 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.39 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -9.78 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 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.

RRR has an estimated earnings growth rate of 43.88 percent as forecasted by analysts. Another measure frequently examined by investors is 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of RRR is 0.63.

In the last 52-weeks, RRR has achieved a high of 24.94 and a low of 20.58. Today's price is 18.76 percent above the 52-week low, and 2 percent lower than its 52-week high. RRR has a P/E ratio of 27.84. Investors typically compare the P/E ratio to a company's peers in the industry. The RRR value stock report compares RRR to some of its peers using value stock charts. The market cap of RRR is $2.87 billion. RRR's next earnings release will be on 0000-00-00, which is days away.