Red Rock Resorts Inc. [RRR] is -46.18% lower this YTD. Is it still time to buy?

Red Rock Resorts Inc. [NASDAQ: RRR] loss -3.16% on the last trading session, reaching $12.89 price per share at the time. Red Rock Resorts Inc. represents 69.96 million in outstanding shares, while the company has a total market value of $1.43 billion with the latest information. RRR stock price has been found in the range of $12.75 to $13.61.

If compared to the average trading volume of 2.77M shares, RRR reached a trading volume of 1962516 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Red Rock Resorts Inc. [RRR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RRR shares is $14.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RRR stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

SunTrust have made an estimate for Red Rock Resorts Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 04, 2020. The new note on the price target was released on January 06, 2020, representing the official price target for Red Rock Resorts Inc. stock. On June 11, 2019, analysts decreased their price target for RRR shares from 31 to 29.

The Average True Range (ATR) for Red Rock Resorts Inc. is set at 1.35, with the Price to Sales ratio for RRR stock in the period of the last 12 months amounting to 0.80. The Price to Book ratio for the last quarter was 2.61, with the Price to Cash per share for the same quarter was set at 9.85. Price to Free Cash Flow for RRR in the course of the last twelve months was 4.04 with Quick ratio for the last quarter at 4.80.

Trading performance analysis for RRR stock

Red Rock Resorts Inc. [RRR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.12. With this latest performance, RRR shares gained by 20.02% in over the last four-week period, additionally sinking by -46.02% over the last 6 months – not to mention a drop of -40.82% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RRR stock in for the last two-week period is set at 50.16, with the RSI for the last a single of trading hit 44.24, and the three-weeks RSI is set at 50.67 for Red Rock Resorts Inc. [RRR]. The present Moving Average for the last 50 days of trading for this stock 11.57, while it was recorded at 13.36 for the last single week of trading, and 18.41 for the last 200 days.

Red Rock Resorts Inc. [RRR]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Red Rock Resorts Inc. [RRR] shares currently have an operating margin of +14.44 and a Gross Margin at +36.86. Red Rock Resorts Inc.’s Net Margin is presently recorded at -0.18.

Return on Total Capital for RRR is now 7.15, given the latest momentum, and Return on Invested Capital for the company is -0.10. Return on Equity for this stock declined to -0.66, with Return on Assets sitting at -0.08. When it comes to the capital structure of this company, Red Rock Resorts Inc. [RRR] has a Total Debt to Total Equity ratio set at 608.65. Additionally, RRR Total Debt to Total Capital is recorded at 85.89, with Total Debt to Total Assets ending up at 74.08. Long-Term Debt to Equity for the company is recorded at 601.13, with the Long-Term Debt to Total Capital now at 84.83.

Reflecting on the efficiency of the workforce at the company, Red Rock Resorts Inc. [RRR] managed to generate an average of -$239 per employee. Receivables Turnover for the company is 34.37 with a Total Asset Turnover recorded at a value of 0.46.Red Rock Resorts Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.80 and a Current Ratio set at 4.90.

Red Rock Resorts Inc. [RRR]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Red Rock Resorts Inc. posted -0.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -122.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RRR.

An analysis of insider ownership at Red Rock Resorts Inc. [RRR]

There are presently around $890 million, or 96.10% of RRR stock, in the hands of institutional investors. The top three institutional holders of RRR stocks are: BAMCO INC /NY/ with ownership of 10,900,706, which is approximately 12.972% of the company’s market cap and around 0.10% of the total institutional ownership; DIAMOND HILL CAPITAL MANAGEMENT INC, holding 6,699,495 shares of the stock with an approximate value of $89.17 million in RRR stocks shares; and VANGUARD GROUP INC, currently with $83.76 million in RRR stock with ownership of nearly 0.819% of the company’s market capitalization.

Positions in Red Rock Resorts Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 90 institutional holders increased their position in Red Rock Resorts Inc. [NASDAQ:RRR] by around 9,329,507 shares. Additionally, 70 investors decreased positions by around 15,099,199 shares, while 9 investors held positions by with 42,457,588 shares. The mentioned changes placed institutional holdings at 66,886,294 shares, according to the latest SEC report filing. RRR stock had 47 new institutional investments in for a total of 4,153,489 shares, while 28 institutional investors sold positions of 5,752,549 shares during the same period.

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