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.

RRR was given price targets by several analysts. The most optimistic analyst gave a price target of 27, which equates to a potential upside of 10.47 percent. The most pessimistic price target was 24, implying a possible loss of -1.8 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -14.72 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.39 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -9.78 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of RRR's earnings is estimated by analysts to be 43.88 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. Currently the stock is 18.76 percent higher than its low, and 2 percent below the high. RRR has a price/earnings 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 stock has a market capitalization of $2.87 billion. RRR will post this quarters earnings in days, on 0000-00-00.