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 maximum price target given was 27, which equates to a potential upside of 10.47 percent. The most pessimistic price target was 24, implying potential capital losses 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 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 have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.

Analysts estimate earnings of RRR to grow at a rate of 43.88 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 18.76 percent higher than its low, and 2 percent below the 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 stock has a market capitalization of $2.87 billion. RRR's next earnings release will be on 0000-00-00, which is days away.