Red Rock Resorts Inc (NASDAQ: RRR): Do Not Miss The Gain Train

Red Rock Resorts Inc (RRR) concluded trading on Thursday at a closing price of $40.70, with 0.45 million shares of worth about $18.24 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.90% during that period and on April 17, 2025 the price saw a loss of about -0.15%. Currently the company’s common shares owned by public are about 59.63M shares, out of which, 50.81M shares are available for trading.

Stock saw a price change of 0.89% in past 5 days and over the past one month there was a price change of -10.21%. Year-to-date (YTD), RRR shares are showing a performance of -11.98% which decreased to -31.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.09 but also hit the highest price of $61.73 during that period. The average intraday trading volume for Red Rock Resorts Inc shares is 660.26K. The stock is currently trading -2.45% below its 20-day simple moving average (SMA20), while that difference is down -11.15% for SMA50 and it goes to -19.64% lower than SMA200.

Red Rock Resorts Inc (NASDAQ: RRR) currently have 59.63M outstanding shares and institutions hold larger chunk of about 84.87% of that.

The stock has a current market capitalization of $4.32B and its 3Y-monthly beta is at 1.64. PE ratio of stock for trailing 12 months is 18.43, while it has posted earnings per share of $2.21 in the same period. Its PEG reads 1.41 and has Quick Ratio of 0.86 while making debt-to-equity ratio of 16.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RRR, volatility over the week remained 3.09% while standing at 4.92% over the month.

Stock’s fiscal year EPS is expected to rise by 12.75% while it is estimated to increase by 10.18% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on January 03, 2025 offering a Hold rating for the stock and assigned a target price range of between $64 and $51 to it. Coverage by Mizuho stated Red Rock Resorts Inc (RRR) stock as a Neutral in their note to investors on November 25, 2024, suggesting a price target of $44 for the stock. On July 24, 2024, Wells Fargo Downgrade their recommendations, while on May 13, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $55. Stock get a Buy rating from Mizuho on March 26, 2024.

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