Red Rock Resorts Stock Earnings Per Share

RRR Stock

USD 49.86 0.11 0.22%

Red Rock Resorts fundamentals help investors to digest information that contributes to Red Rock's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Rock's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Red Rock stock.

Short Long Term Debt Total Total Assets

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Red Rock Resorts Company Earnings Per Share Analysis

Red Rock's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

Earnings

Average Shares

More About Earnings Per Share | All Equity Analysis

Current Red Rock Earnings Per Share

2.72 X

Most of Red Rock's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Red Rock Resorts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Red Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Red Rock is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Red Rock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Red Rock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Red Rock's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Retained Earnings	Long Term Debt Total	Total Permanent Equity	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.35	-0.77	0.83	0.34	0.65	-0.41	0.84	0.31	-0.76	-0.66	-0.79	-0.46	0.82	0.74	0.49	-0.69	-0.77	0.93	0.73	0.81	0.49	-0.1	0.87	-0.69	-0.24
Total Stockholder Equity	-0.35		0.78	-0.72	0.21	-0.2	0.3	-0.78	-0.6	0.76	0.88	0.79	0.86	-0.78	-0.69	-0.84	0.88	0.82	-0.29	-0.19	-0.78	-0.42	0.78	-0.19	0.26	0.7
Current Deferred Revenue	-0.77	0.78		-0.82	-0.1	-0.35	0.21	-0.9	-0.62	0.96	0.87	0.99	0.67	-0.88	-0.76	-0.63	0.93	0.98	-0.65	-0.37	-0.86	-0.31	0.35	-0.47	0.4	0.37
Net Debt	0.83	-0.72	-0.82		0.03	0.57	-0.45	0.98	0.41	-0.84	-0.91	-0.84	-0.73	0.99	0.94	0.81	-0.88	-0.88	0.84	0.64	0.99	0.62	-0.53	0.76	-0.7	-0.57
Accounts Payable	0.34	0.21	-0.1	0.03		0.42	0.05	0.1	0.02	0.09	0.04	-0.13	0.21	0.03	-0.13	-0.22	-0.05	0.01	0.16	0.41	0.04	0.07	0.3	0.3	-0.05	0.28
Net Receivables	0.65	-0.2	-0.35	0.57	0.42		-0.47	0.59	0.13	-0.36	-0.29	-0.35	-0.42	0.52	0.37	0.43	-0.33	-0.34	0.53	0.75	0.55	0.74	-0.29	0.64	-0.57	-0.32
Good Will	-0.41	0.3	0.21	-0.45	0.05	-0.47		-0.45	-0.19	0.25	0.39	0.3	0.63	-0.45	-0.49	-0.73	0.32	0.29	-0.4	-0.67	-0.47	-0.84	0.62	-0.65	0.51	0.79
Total Liab	0.84	-0.78	-0.9	0.98	0.1	0.59	-0.45		0.51	-0.9	-0.92	-0.91	-0.77	0.99	0.9	0.82	-0.92	-0.93	0.79	0.63	0.99	0.62	-0.54	0.71	-0.65	-0.58
Total Current Assets	0.31	-0.6	-0.62	0.41	0.02	0.13	-0.19	0.51		-0.65	-0.58	-0.61	-0.31	0.53	0.52	0.45	-0.6	-0.64	0.08	0.15	0.52	0.21	-0.43	0.12	0.22	-0.35
Short Term Debt	-0.76	0.76	0.96	-0.84	0.09	-0.36	0.25	-0.9	-0.65		0.84	0.93	0.66	-0.89	-0.83	-0.66	0.87	0.97	-0.65	-0.36	-0.88	-0.34	0.4	-0.48	0.41	0.42
Intangible Assets	-0.66	0.88	0.87	-0.91	0.04	-0.29	0.39	-0.92	-0.58	0.84		0.9	0.77	-0.95	-0.9	-0.84	0.97	0.93	-0.64	-0.46	-0.94	-0.49	0.62	-0.55	0.5	0.62
Common Stock	-0.79	0.79	0.99	-0.84	-0.13	-0.35	0.3	-0.91	-0.61	0.93	0.9		0.71	-0.9	-0.79	-0.68	0.96	0.98	-0.66	-0.44	-0.88	-0.36	0.4	-0.53	0.45	0.44
Net Tangible Assets	-0.46	0.86	0.67	-0.73	0.21	-0.42	0.63	-0.77	-0.31	0.66	0.77	0.71		-0.75	-0.65	-0.92	0.76	0.72	-0.44	-0.41	-0.76	-0.68	0.79	-0.4	0.56	0.83
Long Term Debt	0.82	-0.78	-0.88	0.99	0.03	0.52	-0.45	0.99	0.53	-0.89	-0.95	-0.9	-0.75		0.95	0.83	-0.92	-0.93	0.79	0.61	1.0	0.6	-0.56	0.72	-0.63	-0.59
Short Term Investments	0.74	-0.69	-0.76	0.94	-0.13	0.37	-0.49	0.9	0.52	-0.83	-0.9	-0.79	-0.65	0.95		0.82	-0.82	-0.85	0.77	0.61	0.94	0.55	-0.57	0.72	-0.62	-0.63
Deferred Long Term Liab	0.49	-0.84	-0.63	0.81	-0.22	0.43	-0.73	0.82	0.45	-0.66	-0.84	-0.68	-0.92	0.83	0.82		-0.77	-0.72	0.49	0.56	0.84	0.77	-0.9	0.54	-0.57	-0.93
Long Term Investments	-0.69	0.88	0.93	-0.88	-0.05	-0.33	0.32	-0.92	-0.6	0.87	0.97	0.96	0.76	-0.92	-0.82	-0.77		0.95	-0.62	-0.43	-0.91	-0.44	0.53	-0.5	0.46	0.53
Short Long Term Debt	-0.77	0.82	0.98	-0.88	0.01	-0.34	0.29	-0.93	-0.64	0.97	0.93	0.98	0.72	-0.93	-0.85	-0.72	0.95		-0.68	-0.4	-0.92	-0.39	0.45	-0.52	0.45	0.47
Property Plant Equipment	0.93	-0.29	-0.65	0.84	0.16	0.53	-0.4	0.79	0.08	-0.65	-0.64	-0.66	-0.44	0.79	0.77	0.49	-0.62	-0.68		0.65	0.79	0.5	-0.08	0.9	-0.79	-0.22
Retained Earnings	0.73	-0.19	-0.37	0.64	0.41	0.75	-0.67	0.63	0.15	-0.36	-0.46	-0.44	-0.41	0.61	0.61	0.56	-0.43	-0.4	0.65		0.62	0.7	-0.38	0.85	-0.77	-0.52
Long Term Debt Total	0.81	-0.78	-0.86	0.99	0.04	0.55	-0.47	0.99	0.52	-0.88	-0.94	-0.88	-0.76	1.0	0.94	0.84	-0.91	-0.92	0.79	0.62		0.63	-0.57	0.72	-0.63	-0.59
Total Permanent Equity	0.49	-0.42	-0.31	0.62	0.07	0.74	-0.84	0.62	0.21	-0.34	-0.49	-0.36	-0.68	0.6	0.55	0.77	-0.44	-0.39	0.5	0.7	0.63		-0.65	0.67	-0.56	-0.71
Capital Surpluse	-0.1	0.78	0.35	-0.53	0.3	-0.29	0.62	-0.54	-0.43	0.4	0.62	0.4	0.79	-0.56	-0.57	-0.9	0.53	0.45	-0.08	-0.38	-0.57	-0.65		-0.21	0.3	0.95
Net Invested Capital	0.87	-0.19	-0.47	0.76	0.3	0.64	-0.65	0.71	0.12	-0.48	-0.55	-0.53	-0.4	0.72	0.72	0.54	-0.5	-0.52	0.9	0.85	0.72	0.67	-0.21		-0.77	-0.38
Net Working Capital	-0.69	0.26	0.4	-0.7	-0.05	-0.57	0.51	-0.65	0.22	0.41	0.5	0.45	0.56	-0.63	-0.62	-0.57	0.46	0.45	-0.79	-0.77	-0.63	-0.56	0.3	-0.77		0.47
Capital Stock	-0.24	0.7	0.37	-0.57	0.28	-0.32	0.79	-0.58	-0.35	0.42	0.62	0.44	0.83	-0.59	-0.63	-0.93	0.53	0.47	-0.22	-0.52	-0.59	-0.71	0.95	-0.38	0.47

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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

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Red Rock Earnings Estimates

Red Common Stock Shares Outstanding

Common Stock Shares Outstanding

81.34 Million

At this time, Red Rock's Common Stock Shares Outstanding is relatively stable compared to the past year.

According to the company disclosure, Red Rock Resorts has an Earnings Per Share of 2.72 times. This is 28.3% higher than that of the Hotels, Restaurants & Leisure sector and 109.23% higher than that of the Consumer Discretionary industry. The earnings per share for all United States stocks is 12.82% higher than that of the company.

Red Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Rock's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Red Rock could also be used in its relative valuation, which is a method of valuing Red Rock by comparing valuation metrics of similar companies.

Red Rock is currently under evaluation in earnings per share category among its peers.

Red Rock ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Red Rock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Red Rock's managers, analysts, and investors.

Environmental

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Red Fundamentals

	Return On Equity	1.57
	Return On Asset	0.0935
	Profit Margin	0.09 %
	Operating Margin	0.27 %
	Current Valuation	6.3 B
	Shares Outstanding	59.63 M
	Shares Owned By Insiders	7.50 %
	Shares Owned By Institutions	86.00 %
	Number Of Shares Shorted	2.85 M
	Price To Earning	12.21 X
	Price To Book	16.94 X
	Price To Sales	2.68 X
	Revenue	1.72 B
	Gross Profit	1.08 B
	EBITDA	694.32 M
	Net Income	176 M
	Cash And Equivalents	256.27 M
	Cash Per Share	4.42 X
	Total Debt	3.33 B
	Current Ratio	1.63 X
	Book Value Per Share	2.97 X
	Cash Flow From Operations	494.34 M
	Short Ratio	4.08 X
	Earnings Per Share	2.72 X
	Price To Earnings To Growth	9.37 X
	Target Price	58.79
	Number Of Employees	9.38 K
	Beta	2.06
	Market Capitalization	5.11 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
	Annual Yield	0.02 %
	Net Asset	3.95 B
	Last Dividend Paid	1.0

About Red Rock Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Red Rock Resorts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Rock Resorts based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Red Rock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.

Moving against Red Stock

0.75	EVRI	Everi Holdings	Pair Corr
0.74	RSI	Rush Street Interactive	Pair Corr
0.66	EXPE	Expedia Group	Pair Corr
0.66	AGS	PlayAGS	Pair Corr
0.66	CMG	Chipotle Mexican Grill Aggressive Push	Pair Corr

The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.

The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Red Stock Analysis

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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