Red Rock Resorts Outperform Rating Reiterated at Mizuho
| RRR Stock | USD 50.03 0.34 0.68% |
Slightly above 53% of Red Rock's investor base is interested to short. The analysis of overall sentiment of trading Red Rock Resorts stock suggests that many investors are impartial at this time. Red Rock's investing sentiment overview a quick insight into current market opportunities from investing in Red Rock Resorts. Many technical investors use Red Rock Resorts stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Mizuho restated their outperform rating on shares of Red Rock Resorts in a research note published on Tuesday,Benzinga reports. The firm currently has a 57.00 price target on the stock, down from their prior price target of 67.00. Several other equities analysts also recently weighed in on RRR. JPMorgan Chase
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Red Rock Fundamental Analysis
We analyze Red Rock'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 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Red Rock is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Red Rock Resorts Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Red Rock stock to make a market-neutral strategy. 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 with similar companies.
Peers
Red Rock Related Equities
| FLL | Full House | 4.18 | ||||
| MSC | Studio City | 2.85 | ||||
| CNTY | Century Casinos | 2.08 | ||||
| MGM | MGM Resorts | 1.33 | ||||
| PLYA | Playa Hotels | 1.05 | ||||
| WYNN | Wynn Resorts | 0.57 | ||||
| LVS | Las Vegas | 0.32 | ||||
| MCRI | Monarch Casino | 0.26 | ||||
| CZR | Caesars Entertainment | 0.08 | ||||
| BALY | Ballys Corp | 0.34 | ||||
| GDEN | Golden Entertainment | 1.09 |
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.