Red Rock Resorts Stock Performance
| RRR Stock | USD 51.49 0.54 1.04% |
The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Red Rock are expected to decrease at a much lower rate. During the bear market, Red Rock is likely to outperform the market. Red Rock Resorts has an expected return of -0.13%. Please make sure to check Red Rock Resorts value at risk, as well as the relationship between the rate of daily change and relative strength index , to decide if Red Rock Resorts performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Red Rock Resorts has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest unfluctuating performance, the Stock's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return (0.33) | Five Day Return 0.71 | Year To Date Return (3.91) | Ten Year Return 174.44 | All Time Return 174.44 |
Forward Dividend Yield 0.0195 | Payout Ratio 0.6061 | Forward Dividend Rate 1 | Dividend Date 2024-06-28 | Ex Dividend Date 2024-06-14 |
1 | Acquisition by Scott Kreeger of 48077 shares of Red Rock subject to Rule 16b-3 | 02/26/2024 |
| Red Rock dividend paid on 4th of March 2024 | 03/04/2024 |
2 | Red Rock Resorts Announces First Quarter 2024 Conference Call and Earnings Release Date | 04/10/2024 |
3 | Disposition of 559 shares by Jeffrey Welch of Red Rock at 58.7061 subject to Rule 16b-3 | 05/03/2024 |
4 | Earnings To Watch Red Rock Resorts Reports Q1 Results Tomorrow | 05/06/2024 |
5 | Red Rock Resorts Q1 2024 Earnings A Close Call with Analyst Projections | 05/07/2024 |
6 | RRR Stock Earnings Red Rock Resorts Beats EPS, Misses Revenue for Q1 2024 | 05/08/2024 |
7 | Earnings Update Red Rock Resorts, Inc. Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts | 05/10/2024 |
8 | Acquisition by Fertitta Lorenzo J of 800000 shares of Red Rock at 50. subject to Rule 16b-3 | 05/13/2024 |
9 | Is Red Rock Resorts Trading at an Attractive Valuation | 05/14/2024 |
10 | Red Rock Resorts VP Lorenzo Fertitta buys 40.3 million in stock | 05/16/2024 |
| Begin Period Cash Flow | 117.3 M |
Red |
Red Rock Relative Risk vs. Return Landscape
If you would invest 5,673 in Red Rock Resorts on February 19, 2024 and sell it today you would lose (524.00) from holding Red Rock Resorts or give up 9.24% of portfolio value over 90 days. Red Rock Resorts is generating negative expected returns assuming volatility of 2.1974% on return distribution over 90 days investment horizon. In other words, 19% of stocks are less volatile than Red, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Red Rock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Rock's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Red Rock Resorts, and traders can use it to determine the average amount a Red Rock's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0589
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RRR |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Rock is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Red Rock by adding Red Rock to a well-diversified portfolio.
Red Rock Fundamentals Growth
Red Stock prices reflect investors' perceptions of the future prospects and financial health of Red Rock, and Red Rock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Red Stock performance.
| Return On Equity | 2.37 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 6.4 B | ||||
| Shares Outstanding | 59.61 M | ||||
| Price To Earning | 12.21 X | ||||
| Price To Book | 20.99 X | ||||
| Price To Sales | 3.55 X | ||||
| Revenue | 1.72 B | ||||
| Gross Profit | 1.08 B | ||||
| EBITDA | 691.22 M | ||||
| Net Income | 176 M | ||||
| Cash And Equivalents | 256.27 M | ||||
| Cash Per Share | 4.42 X | ||||
| Total Debt | 3.4 B | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 2.29 X | ||||
| Cash Flow From Operations | 494.34 M | ||||
| Earnings Per Share | 2.87 X | ||||
| Market Capitalization | 5.26 B | ||||
| Total Asset | 3.95 B | ||||
| Retained Earnings | 160.9 M | ||||
| Working Capital | (66.93 M) | ||||
| Current Asset | 211.85 M | ||||
| Current Liabilities | 258.92 M | ||||
About Red Rock Performance
To evaluate Red Rock Resorts Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Red Rock generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Red Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Red Rock Resorts market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Red's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 7.34 | 5.68 | |
| Return On Tangible Assets | 0.05 | 0.03 | |
| Return On Capital Employed | 0.15 | 0.09 | |
| Return On Assets | 0.04 | 0.03 | |
| Return On Equity | 1.04 | 1.19 |
Things to note about Red Rock Resorts performance evaluation
Checking the ongoing alerts about Red Rock for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Red Rock Resorts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Red Rock Resorts generated a negative expected return over the last 90 days | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Red Rock Resorts VP Lorenzo Fertitta buys 40.3 million in stock |
- Analyzing Red Rock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Red Rock's stock is overvalued or undervalued compared to its peers.
- Examining Red Rock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Red Rock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Red Rock's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Red Rock's stock. These opinions can provide insight into Red Rock's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.
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Is Red Rock's industry 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 Red Rock. If investors know Red 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 Red Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.08) | Dividend Share 1 | Earnings Share 2.87 | Revenue Per Share 30.595 | Quarterly Revenue Growth 0.127 |
The market value of Red Rock Resorts is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Rock's value that differs from its market value or its book value, called intrinsic value, which is Red Rock'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 Red Rock's market value can be influenced by many factors that don't directly affect Red Rock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Rock'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.