Red Rock Resorts (NASDAQ:RRR) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a report issued on Friday.
RRR has been the topic of several other research reports. Zacks Investment Research cut shares of Red Rock Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. ValuEngine cut shares of Red Rock Resorts from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. TheStreet cut shares of Red Rock Resorts from a “b-” rating to a “c” rating in a research report on Monday, September 24th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $38.00 price target on shares of Red Rock Resorts in a research report on Thursday, August 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $35.30.
Shares of Red Rock Resorts stock traded down $0.16 during trading on Friday, hitting $24.91. The company’s stock had a trading volume of 1,150,458 shares, compared to its average volume of 1,186,131. The company has a quick ratio of 0.63, a current ratio of 0.67 and a debt-to-equity ratio of 3.23. Red Rock Resorts has a 52 week low of $21.20 and a 52 week high of $36.99. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 19.93 and a beta of 1.65.
About Red Rock Resorts
Red Rock Resorts, Inc, through its interest in Station Holdco and Station LLC, engages in casino entertainment, and gaming and entertainment businesses in the United States. It operates through two segments, Las Vegas operations and Native American management. The company develops, manages, and operates casino entertainment properties; and owns and operates 10 gaming and entertainment facilities, and 10 smaller casinos in the Las Vegas regional market.
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