Red Rock Resorts was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts, Inc. in January 2016. The company was founded in 2015 and is based in Las Vegas, Nevada.
RRR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for RRR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Red Rock Resorts Inc ranked in the 10th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 92%. In terms of the factors that were most noteworthy in this DCF analysis for RRR, they are:
The company's compound free cash flow growth rate over the past 4.56 years comes in at -0.15%; that's greater than merely 10.86% of US stocks we're applying DCF forecasting to.
46% of the company's capital comes from equity, which is greater than just 20.34% of stocks in our cash flow based forecasting set.
As a business, Red Rock Resorts Inc experienced a tax rate of about 60% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 92.58% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as RRR, try TSLA, CHH, NDLS, TPR, and APTV.
I typically write about commodities and raw material companies. However, after becoming a “local” in Las Vegas nine years ago, I have a unique perspective on the business climate in sin city. The first time I traveled to Las Vegas, it was a far smaller city with a population of...
Insider buying increased last week, with insiders purchasing $283.47 million of stock compared to $172.17 million in the week prior. Selling decreased, with insiders selling $3.58 billion of stock last week compared to $5.71 billion in the week prior. Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the...
Insider buying can be an encouraging signal for potential investors during periods of uncertainty. A number of executives and other insiders returned to the buy window last week. A notable activist investor again added to his stake in an old-school tech company. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty. Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week. The chief executive officer at Red Rock Resorts Inc (NASDAQ: RR...
Red Rock Resorts, Inc. ("Red Rock Resorts", "we" or the "Company") (NASDAQ: RRR) announced today that it will release the Company's financial results for the second quarter 2020 on Tuesday, August 4, 2020 and will hold a conference call on the same day at 4:30 p.m. ET (1:30 p.m. PT). The conference call will consist of prepared remarks from the Company and will include a question and answer session.