(RRR) Red Rock Resorts - Ratings and Ratios

Red Rock Resorts, Inc. (NASDAQ:RRR) is a leading developer and operator of casino and entertainment properties in the United States, primarily serving the Las Vegas regional market through its majority ownership of Station Casinos LLC. The company operates a diverse portfolio of gaming and entertainment assets, including the newly opened Durango Casino & Resort, as well as several smaller, community-focused casinos. Red Rock Resorts, Inc. was originally founded in 1976 as Station Casinos Corp. and rebranded to its current name in January 2016 to reflect its expanded scope and market presence. Headquartered in Las Vegas, Nevada, the company has established itself as a key player in the regional gaming sector, emphasizing local patronage and community engagement. Web URL: https://www.redrockresorts.com.

Over the next three months, Red Rock Resorts, Inc. (NASDAQ:RRR) is expected to experience moderate price fluctuations based on its current technical and fundamental outlook. The stocks short-term trend may face headwinds, as the SMA 20 (40.96) is below the SMA 50 (44.83), indicating potential near-term weakness. However, the ATR (1.93) suggests manageable volatility. From a fundamental perspective, the companys forward P/E (11.98) signals potential undervaluation relative to its current P/E (16.00), though the elevated P/B ratio (11.31) reflects a premium for its assets. Overall, the stock may see sideways movement with a slight downward bias in the near term.