Somewhat Positive Media Coverage Somewhat Unlikely to Affect Red Rock Resorts (RRR) Share Price
Media stories about Red Rock Resorts (NASDAQ:RRR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Red Rock Resorts earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.043675173865 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Red Rock Resorts (NASDAQ RRR) opened at $31.32 on Wednesday. The company has a current ratio of 1.29, a quick ratio of 1.26 and a debt-to-equity ratio of 4.41. Red Rock Resorts has a 12-month low of $20.87 and a 12-month high of $35.77. The firm has a market cap of $3,640.00 and a PE ratio of 30.41.
Several analysts have recently weighed in on RRR shares. Zacks Investment Research lowered shares of Red Rock Resorts from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. BidaskClub lowered shares of Red Rock Resorts from a “buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. reiterated a “buy” rating and set a $33.00 target price on shares of Red Rock Resorts in a research report on Tuesday, November 28th. ValuEngine upgraded shares of Red Rock Resorts from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Bank of America lifted their target price on shares of Red Rock Resorts from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $31.43.
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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