Red Rock Resorts Inc

Company Profile

Red Rock Resorts Inc had its IPO on 2016-04-27 under the ticker symbol RRR.

The company operates in the Consumer Cyclical sector and Resorts & Casinos industry. Red Rock Resorts Inc has a staff strength of 7,850 employees.

Stock update

Shares of Red Rock Resorts Inc opened at $43.54 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.5 - $45.1, and closed at $44.21.

This is a +1.31% increase from the previous day's closing price.

A total volume of 576,051 shares were traded at the close of the day’s session.

In the last one week, shares of Red Rock Resorts Inc have slipped by -0.67%.

Red Rock Resorts Inc's Key Ratios

Red Rock Resorts Inc has a market cap of $2.55 billion, indicating a price to book ratio of 75.148 and a price to sales ratio of 1.4648.

In the last 12-months Red Rock Resorts Inc’s revenue was $1.69 billion with a gross profit of $1.08 billion and an EBITDA of $722.96 million. The EBITDA ratio measures Red Rock Resorts Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Red Rock Resorts Inc’s operating margin was 35.35% while its return on assets stood at 11.05% with a return of equity of 91.68%.

In Q2, Red Rock Resorts Inc’s quarterly earnings growth was a positive 151.1% while revenue growth was a negative 1.4%.

Red Rock Resorts Inc’s PE and PEG Ratio

Forward PE

11.4155

Trailing PE

11.7312

PEG

9.37

Its diluted EPS in the last 12-months stands at $3.72 per share while it has a forward price to earnings multiple of 11.4155 and a PEG multiple of 9.37. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Red Rock Resorts Inc’s profitability.

Red Rock Resorts Inc stock is trading at a EV to sales ratio of 3.1426 and a EV to EBITDA ratio of 8.3133. Its price to sales ratio in the trailing 12-months stood at 1.4648.

Red Rock Resorts Inc stock pays annual dividends of $1 per share, indicating a yield of 2.38% and a payout ratio of 29.67%.

Balance sheet and cash flow metrics

Total Assets

$3.69 billion

Total Liabilities

$319.53 million

Operating Cash Flow

$-204163000.00

Capital Expenditure

$201.61 million

Dividend Payout Ratio

29.67%

Red Rock Resorts Inc ended 2024 with $3.69 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.69 billion while shareholder equity stood at $99.99 million.

Red Rock Resorts Inc ended 2024 with $0 in deferred long-term liabilities, $319.53 million in other current liabilities, 585000.00 in common stock, $98.30 million in retained earnings and $195.68 million in goodwill. Its cash balance stood at $100.95 million and cash and short-term investments were $100.95 million. The company’s total short-term debt was $31,856,000 while long-term debt stood at $3.18 billion.

Red Rock Resorts Inc’s total current assets stands at $209.92 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $41.74 million compared to accounts payable of $11.48 million and inventory worth $14.00 million.

In 2024, Red Rock Resorts Inc's operating cash flow was $-204163000.00 while its capital expenditure stood at $201.61 million.

Comparatively, Red Rock Resorts Inc paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$44.21

52-Week High

$51.355

52-Week Low

$32.3301

Analyst Target Price

$51.8

Red Rock Resorts Inc stock is currently trading at $44.21 per share. It touched a 52-week high of $51.355 and a 52-week low of $51.355. Analysts tracking the stock have a 12-month average target price of $51.8.

Its 50-day moving average was $45.96 and 200-day moving average was $44.84 The short ratio stood at 4.56 indicating a short percent outstanding of 0%.

Around 857.2% of the company’s stock are held by insiders while 9555.7% are held by institutions.