Codere Online Corp Stock Today

CDRO Stock  USD 7.60  0.23  2.94%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Less than 24

 
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Low
Codere Online is selling at 7.60 as of the 28th of November 2024; that is 2.94% down since the beginning of the trading day. The stock's open price was 7.83. Codere Online has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Codere Online Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
1st of December 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. Codere Online is traded on NASDAQ Exchange in the United States. The company has 45.3 M outstanding shares of which 380.1 K shares are currently shorted by private and institutional investors with about 4.67 trading days to cover. More on Codere Online Corp

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Codere Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Debt Levels
Codere Online can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Codere Online's financial leverage. It provides some insight into what part of Codere Online's total assets is financed by creditors.
Liquidity
Codere Online Corp currently holds 4.95 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Codere Online Corp has a current ratio of 2.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Codere Online's use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(100,222)
Codere Online Corp (CDRO) is traded on NASDAQ Exchange in USA. It is located in 7, rue Robert Stumper, Luxembourg, Luxembourg, 2557 and employs 249 people. Codere Online is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 339.73 M. Codere Online Corp conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 45.3 M outstanding shares of which 380.1 K shares are currently shorted by private and institutional investors with about 4.67 trading days to cover. Codere Online Corp currently holds about 84.52 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87.
Check Codere Online Probability Of Bankruptcy
Ownership Allocation
Codere Online holds a total of 45.3 Million outstanding shares. Codere Online Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.73 percent of Codere Online Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Codere Ownership Details

Codere Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
10.9 K
Raymond James Finl Svs Advisors, Inc.2024-09-30
10 K
Olistico Wealth Llc2024-09-30
600
Bamco Inc2024-09-30
3.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
400 K
Mmbg Investment Advisors Co.2024-09-30
319.7 K
Ubs Group Ag2024-06-30
122.9 K
Renaissance Technologies Corp2024-09-30
89.1 K
Blair William & Co2024-06-30
83 K
Fny Investment Advisers, Llc2024-06-30
62.3 K
Millennium Management Llc2024-06-30
23.1 K
View Codere Online Diagnostics

Codere Online Historical Income Statement

At this time, Codere Online's Income Tax Expense is very stable compared to the past year. As of the 28th of November 2024, Minority Interest is likely to grow to 1,208, while Interest Income is likely to drop about 14.7 M. View More Fundamentals

Codere Stock Against Markets

Codere Online Corporate Management

Matan ShemeshChief StrategyProfile
Yaiza RodriguezGeneral BoardProfile
Moshe EdreeExecutive BoardProfile
Gonzalo OsmaChief OfficerProfile
Oscar IglesiasChief OfficerProfile
Alberto TeliasChief OfficerProfile
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
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Is Hotels, Restaurants & Leisure space 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 Codere Online. If investors know Codere 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 Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.083
Quarterly Revenue Growth
0.456
Return On Assets
(0.32)
Return On Equity
(0.82)
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online'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 Codere Online's market value can be influenced by many factors that don't directly affect Codere Online'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 Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online'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.