Is Codere Online Stock a Good Investment?
Codere Online Investment Advice | CDRO |
- Examine Codere Online's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codere Online's leadership team and their track record. Good management can help Codere Online navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Codere Online's business and its evolving consumer preferences.
- Compare Codere Online's performance and market position to its competitors. Analyze how Codere Online is positioned in terms of product offerings, innovation, and market share.
- Check if Codere Online pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codere Online's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codere Online Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codere Online Corp is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Codere Online Stock
Researching Codere Online's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 68.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.71. Codere Online Corp had not issued any dividends in recent years.
To determine if Codere Online is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Codere Online's research are outlined below:
| Codere Online Corp generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 73.17 M. | |
| Codere Online Corp currently holds about 84.52 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Codere Online Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: FNY Investment Advisers LLC Purchases 243,330 Shares of Codere Online Luxembourg, S.A. - MarketBeat |
Codere Online Quarterly Cash And Short Term Investments |
|
Codere Online uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Codere Online Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Codere Online's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Codere Online's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Codere Online's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-07-31 | 2024-06-30 | -0.34 | -0.43 | -0.09 | 26 | ||
2023-02-28 | 2022-12-31 | -0.31 | -0.42 | -0.11 | 35 | ||
2022-03-11 | 2021-12-31 | -0.12 | -0.01 | 0.11 | 91 | ||
2024-05-15 | 2024-03-31 | -0.03 | -0.43 | -0.4 | 1333 |
Know Codere Online's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Codere Online is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Codere Online Corp backward and forwards among themselves. Codere Online's institutional investor refers to the entity that pools money to purchase Codere Online's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Diametric Capital, Lp | 2024-09-30 | 13.7 K | Geode Capital Management, Llc | 2024-09-30 | 10.9 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 10 K | Barclays Plc | 2024-09-30 | 648 | Olistico Wealth Llc | 2024-09-30 | 600 | Tower Research Capital Llc | 2024-09-30 | 295 | Bamco Inc | 2024-09-30 | 3.5 M | Mmbg Investment Advisors Co. | 2024-09-30 | 319.7 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 204.2 K | Ubs Group Ag | 2024-09-30 | 121.8 K | Renaissance Technologies Corp | 2024-09-30 | 89.1 K |
Codere Online's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 339.73 M.Market Cap |
|
Codere Online's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.77) | (0.81) | |
| Return On Capital Employed | (2.42) | (2.30) | |
| Return On Assets | (0.77) | (0.81) | |
| Return On Equity | (2.19) | (2.08) |
Determining Codere Online's profitability involves analyzing its financial statements and using various financial metrics to determine if Codere Online is a good buy. For example, gross profit margin measures Codere Online's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Codere Online's profitability and make more informed investment decisions.
Evaluate Codere Online's management efficiency
Codere Online Corp has return on total asset (ROA) of (0.3174) % which means that it has lost $0.3174 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8168) %, meaning that it created substantial loss on money invested by shareholders. Codere Online's management efficiency ratios could be used to measure how well Codere Online manages its routine affairs as well as how well it operates its assets and liabilities. As of the 31st of January 2025, Return On Tangible Assets is likely to drop to -0.81. In addition to that, Return On Capital Employed is likely to grow to -2.3. At this time, Codere Online's Non Current Assets Total are very stable compared to the past year. As of the 31st of January 2025, Net Tangible Assets is likely to grow to about 81.6 M, while Total Assets are likely to drop about 60.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.49 | 0.47 | |
| Tangible Book Value Per Share | 0.49 | 0.46 | |
| Enterprise Value Over EBITDA | (0.98) | (1.03) | |
| Price Book Value Ratio | 4.01 | 4.21 | |
| Enterprise Value Multiple | (0.98) | (1.03) | |
| Price Fair Value | 4.01 | 4.21 | |
| Enterprise Value | 68.8 M | 65.4 M |
The strategic initiatives led by Codere Online's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.439 |
Basic technical analysis of Codere Stock
As of the 31st of January, Codere Online shows the risk adjusted performance of (0.08), and Mean Deviation of 1.87. Codere Online Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Codere Online's Outstanding Corporate Bonds
Codere Online issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Codere Online Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Codere bonds can be classified according to their maturity, which is the date when Codere Online Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Understand Codere Online's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Codere Online's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (2.91) | |||
| Mean Deviation | 1.87 | |||
| Coefficient Of Variation | (975.83) | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (2.92) | |||
| Maximum Drawdown | 15.12 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 4.11 | |||
| Skewness | 0.0142 | |||
| Kurtosis | 1.46 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (2.91) | |||
| Mean Deviation | 1.87 | |||
| Coefficient Of Variation | (975.83) | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (2.92) | |||
| Maximum Drawdown | 15.12 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 4.11 | |||
| Skewness | 0.0142 | |||
| Kurtosis | 1.46 |
Consider Codere Online's intraday indicators
Codere Online intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Codere Online stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1089.35 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 6.69 | |||
| Day Typical Price | 6.66 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.19) |
Codere Online Corporate Filings
6K | 2nd of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 14th of November 2024 Other Reports | ViewVerify | |
| 1st of May 2024 Other Reports | ViewVerify |
Codere Stock media impact
Far too much social signal, news, headlines, and media speculation about Codere Online that are available to investors today. That information is available publicly through Codere media outlets and privately through word of mouth or via Codere internal channels. However, regardless of the origin, that massive amount of Codere data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Codere Online news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Codere Online relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Codere Online's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Codere Online alpha.
Codere Online Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Codere Online can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Codere Online Corporate Management
| Matan Shemesh | Chief Strategy | Profile | |
| Yaiza Rodriguez | General Board | Profile | |
| Moshe Edree | Executive Board | Profile | |
| Gonzalo Osma | Chief Officer | Profile | |
| Oscar Iglesias | Chief Officer | Profile | |
| Alberto Telias | Chief Officer | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share | Quarterly Revenue Growth 0.456 | Return On Assets | Return On Equity |
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Codere Online's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.