Red Rock Resorts Inc (RRR) Stock AnalysisRRRRed Rock Resorts Inc

Red Rock Resorts, Inc. is a holding company that owns an indirect equity interest in and manages Station Casinos LLC (Station Casinos). Station Casinos is a provider of gaming, hospitality and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include hotels as well as various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet spaces, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Resort & Casino, Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, and Seventy Six by Station Casinos (Centennial & Aliante). It operates in the Consumer Cyclicals sector (HOTELS & MOTELS industry).

Red Rock Resorts Inc is currently a hold. The stock is priced at $49.51, which is significantly below the average analyst price target of $74, suggesting potential upside. However, the RSI is at 38.095, indicating the stock is oversold, and the recent performance shows a 21.38% decline year-to-date, reflecting underlying weakness. The main risk is the high debt-to-equity ratio of 1243.29%, which poses a significant financial risk if market conditions worsen.

10 analysts cover RRR: 9 rate it Buy, 1 Hold and 0 Sell. The average price target is 65.63.