Eldorado Resorts (NASDAQ:ERI) Getting Somewhat Positive Press Coverage, Report Shows

Press coverage about Eldorado Resorts (NASDAQ:ERI) has been trending somewhat positive on Thursday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eldorado Resorts earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.2898592165019 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Eldorado Resorts (NASDAQ:ERI) traded up $0.55 during mid-day trading on Thursday, hitting $33.00. 1,290,879 shares of the stock traded hands, compared to its average volume of 757,623. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.15 and a quick ratio of 1.07. Eldorado Resorts has a 52 week low of $17.30 and a 52 week high of $38.45. The company has a market capitalization of $2,548.96, a P/E ratio of 38.37 and a beta of 0.98.

Eldorado Resorts (NASDAQ:ERI) last issued its quarterly earnings data on Thursday, February 22nd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.04). The company had revenue of $428.22 million for the quarter, compared to the consensus estimate of $431.27 million. Eldorado Resorts had a negative return on equity of 0.19% and a net margin of 5.17%. sell-side analysts predict that Eldorado Resorts will post 1.94 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on the stock. BidaskClub lowered shares of Eldorado Resorts from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 30th. Zacks Investment Research lowered shares of Eldorado Resorts from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 20th. Telsey Advisory Group assumed coverage on shares of Eldorado Resorts in a report on Tuesday, March 13th. They issued an “outperform” rating and a $42.00 target price on the stock. Roth Capital assumed coverage on shares of Eldorado Resorts in a report on Tuesday, February 20th. They issued a “buy” rating and a $41.00 target price on the stock. Finally, SunTrust Banks reiterated an “average” rating and issued a $36.00 target price on shares of Eldorado Resorts in a report on Monday, February 5th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $35.00.

TRADEMARK VIOLATION WARNING: This piece was first reported by BBNS and is owned by of BBNS. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://baseballnewssource.com/2018/03/29/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-eldorado-resorts-eri-share-price/1970827.html.

About Eldorado Resorts

Eldorado Resorts, Inc is a gaming and hospitality company that owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company’s segments are Nevada, Louisiana, Eastern and Corporate. As of May 1, 2017, the Company owned and operated approximately 503,000 square feet of casino space with approximately 20,000 slot machines and video lottery terminals (VLTs), over 550 table and poker games, 45 restaurants and 6,500 hotel rooms.

Insider Buying and Selling by Quarter for Eldorado Resorts (NASDAQ:ERI)

Receive News & Ratings for Eldorado Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eldorado Resorts and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.