Red Rock Resorts (RRR) Receiving Somewhat Negative Media Coverage, Report Shows

Media stories about Red Rock Resorts (NASDAQ:RRR) have trended somewhat negative this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Red Rock Resorts earned a news sentiment score of -0.10 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.3290533159702 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

A number of equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Red Rock Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, January 24th. ValuEngine upgraded shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Deutsche Bank reiterated a “buy” rating and set a $38.00 price target on shares of Red Rock Resorts in a report on Thursday, December 21st. BidaskClub downgraded shares of Red Rock Resorts from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 4th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and issued a $33.00 target price on shares of Red Rock Resorts in a research report on Tuesday, November 28th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $30.94.

Shares of Red Rock Resorts (RRR) opened at $31.30 on Friday. The company has a debt-to-equity ratio of 4.41, a current ratio of 1.29 and a quick ratio of 1.26. Red Rock Resorts has a 12-month low of $20.87 and a 12-month high of $35.77. The stock has a market cap of $3,861.72, a P/E ratio of 71.14, a P/E/G ratio of 4.98 and a beta of 1.10.

Red Rock Resorts (NASDAQ:RRR) last released its earnings results on Tuesday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. Red Rock Resorts had a net margin of 1.61% and a return on equity of 15.00%. The business had revenue of $400.37 million for the quarter, compared to analysts’ expectations of $391.48 million. analysts anticipate that Red Rock Resorts will post 0.29 EPS for the current fiscal year.

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About Red Rock Resorts

Red Rock Resorts, Inc is a gaming, development and management company. The Company’s segments include Las Vegas operations, Native American management, and Corporate and other. The Las Vegas operations segment includes all of its Las Vegas area casino properties and the Native American management segment includes its Native American management arrangements.

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