Red Rock Resorts Stock Current Valuation
| RRR Stock | USD 50.03 0.34 0.68% |
Valuation analysis of Red Rock Resorts helps investors to measure Red Rock's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Red Rock's price fluctuation is very steady at this time. Calculation of the real value of Red Rock Resorts is based on 3 months time horizon. Increasing Red Rock's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Red stock is determined by what a typical buyer is willing to pay for full or partial control of Red Rock Resorts. Since Red Rock is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Red Stock. However, Red Rock's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 50.03 | Real 43.59 | Hype 50.03 | Naive 47.01 |
The intrinsic value of Red Rock's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Red Rock's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Red Rock Resorts helps investors to forecast how Red stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Red Rock more accurately as focusing exclusively on Red Rock's fundamentals will not take into account other important factors: Red Rock Resorts Company Current Valuation Analysis
Red Rock's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Red Rock Current Valuation | 6.29 B |
Most of Red Rock's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Red Rock Resorts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Red Rock Resorts has a Current Valuation of 6.29 B. This is 65.24% lower than that of the Hotels, Restaurants & Leisure sector and 44.28% lower than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 62.15% higher than that of the company.
Red Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Rock's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Red Rock could also be used in its relative valuation, which is a method of valuing Red Rock by comparing valuation metrics of similar companies.Red Rock is currently under evaluation in current valuation category among its peers.
Red Fundamentals
| Return On Equity | 1.57 | ||||
| Return On Asset | 0.0935 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 6.29 B | ||||
| Shares Outstanding | 59.63 M | ||||
| Shares Owned By Insiders | 7.50 % | ||||
| Shares Owned By Institutions | 85.99 % | ||||
| Number Of Shares Shorted | 2.71 M | ||||
| Price To Earning | 12.21 X | ||||
| Price To Book | 16.88 X | ||||
| Price To Sales | 2.67 X | ||||
| Revenue | 1.72 B | ||||
| Gross Profit | 1.08 B | ||||
| EBITDA | 694.32 M | ||||
| Net Income | 176 M | ||||
| Cash And Equivalents | 256.27 M | ||||
| Cash Per Share | 4.42 X | ||||
| Total Debt | 3.33 B | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 2.97 X | ||||
| Cash Flow From Operations | 494.34 M | ||||
| Short Ratio | 5.51 X | ||||
| Earnings Per Share | 2.72 X | ||||
| Price To Earnings To Growth | 9.37 X | ||||
| Target Price | 59.71 | ||||
| Number Of Employees | 9.38 K | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 5.1 B | ||||
| Total Asset | 3.95 B | ||||
| Retained Earnings | 160.9 M | ||||
| Working Capital | (66.93 M) | ||||
| Current Asset | 211.85 M | ||||
| Current Liabilities | 258.92 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 3.95 B | ||||
| Last Dividend Paid | 1.0 |
About Red Rock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Rock Resorts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Rock Resorts based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Red Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Red Stock
| 0.65 | BALY | Ballys Corp | PairCorr |
| 0.57 | CNTY | Century Casinos | PairCorr |
| 0.56 | PLYA | Playa Hotels Resorts | PairCorr |
| 0.5 | LVS | Las Vegas Sands Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.49 | VAC | Marriot Vacations | PairCorr |
The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.
The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Red Stock Analysis
When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.