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Red Rock Resorts - Stock

Red Rock Resorts P/S 2024

Red Rock Resorts P/S

2.75

Ticker

RRR

ISIN

US75700L1089

WKN

A2AHN4

As of Jun 21, 2024, Red Rock Resorts's P/S ratio stood at 2.75, a -0.36% change from the 2.76 P/S ratio recorded in the previous year.

The Red Rock Resorts P/S history

Red Rock Resorts Aktienanalyse

What does Red Rock Resorts do?

Red Rock Resorts Inc is a public company specializing in operating casinos, hotels, and other entertainment facilities. It was founded in 1976 by brothers Frank Fertitta III and Lorenzo Fertitta in Las Vegas, Nevada, and has since had an impressive success story. The business model of Red Rock Resorts Inc focuses on creating unique experiences for customers seeking entertainment, luxury, and fun. The company operates several major casino resorts in Las Vegas and other cities in the US, including Palms Casino Resort, Green Valley Ranch Resort, Palace Station Hotel & Casino, and Red Rock Casino Resort & Spa. In addition to operating casinos and hotels, Red Rock Resorts Inc also offers other services including live entertainment, spas, golf courses, restaurants, bars, and nightclubs. The company also has its own venue, the Sandbar Pool Deck at Red Rock Casino Resort & Spa, which is used for concerts and other events. An important part of Red Rock Resorts Inc is its various divisions. The Station Casinos division is the largest and currently includes 20 casinos in Las Vegas and other cities in Nevada. The company also operates the Fertitta Entertainment division, which is responsible for TV show and film production, as well as the Red Rock division, specializing in the distribution of alcoholic beverages. Red Rock Resorts Inc is constantly striving to expand and improve its offerings. The company recently announced a strategic partnership with the Gauselmann Group, a leading provider of gambling products in Europe. The collaboration aims to improve the gaming offerings in its own casinos and attract new customers. Overall, Red Rock Resorts Inc represents luxury, entertainment, and first-class service. The company has become one of the leading providers of casinos and other entertainment facilities in the US over the past decades, always striving to satisfy its customers and set new standards. Red Rock Resorts ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Red Rock Resorts's P/S Ratio

Red Rock Resorts's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Red Rock Resorts's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Red Rock Resorts's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Red Rock Resorts’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Red Rock Resorts Stock

What is the price-to-earnings ratio of Red Rock Resorts?

The price-earnings ratio of Red Rock Resorts is currently 2.75.

How has the price-earnings ratio of Red Rock Resorts changed compared to last year?

The price-to-earnings ratio of Red Rock Resorts has increased by -0.36% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Red Rock Resorts high compared to other companies?

Yes, the price-to-earnings ratio of Red Rock Resorts is high compared to other companies.

How does an increase in the price-earnings ratio of Red Rock Resorts affect the company?

An increase in the price-earnings ratio of Red Rock Resorts would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Red Rock Resorts affect the company?

A decrease in the price-earnings ratio of Red Rock Resorts would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Red Rock Resorts?

Some factors that influence the price-earnings ratio of Red Rock Resorts are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Red Rock Resorts pay?

Over the past 12 months, Red Rock Resorts paid a dividend of 1.25 USD . This corresponds to a dividend yield of about 2.42 %. For the coming 12 months, Red Rock Resorts is expected to pay a dividend of 1.12 USD.

What is the dividend yield of Red Rock Resorts?

The current dividend yield of Red Rock Resorts is 2.42 %.

When does Red Rock Resorts pay dividends?

Red Rock Resorts pays a quarterly dividend. This is distributed in the months of January, March, April, July.

How secure is the dividend of Red Rock Resorts?

Red Rock Resorts paid dividends every year for the past 11 years.

What is the dividend of Red Rock Resorts?

For the upcoming 12 months, dividends amounting to 1.12 USD are expected. This corresponds to a dividend yield of 2.16 %.

In which sector is Red Rock Resorts located?

Red Rock Resorts is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Red Rock Resorts kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Red Rock Resorts from 6/28/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Red Rock Resorts pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Red Rock Resorts in the year 2023?

In the year 2023, Red Rock Resorts distributed 2 USD as dividends.

In which currency does Red Rock Resorts pay out the dividend?

The dividends of Red Rock Resorts are distributed in USD.

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Andere Kennzahlen von Red Rock Resorts

Our stock analysis for Red Rock Resorts Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Red Rock Resorts Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.