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.

Several price targets were given for RRR by the analysts covering the stock. The most optimistic price target was 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. 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 0 percent. The average change in earnings estimates over the last 90 days is -14.72 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.39 percent. If we look at the last 90 days instead, we find a net average change of -9.78 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. RRR has a PEG ratio of 0.63.

In the last 52-weeks, RRR has achieved a high of 24.94 and a low of 20.58. The current market price is above the trailing year's low by 18.76 percent, and below the high by 2 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.