U.S. stock futures mixed; Nvidia earnings spark little cheer
Red Rock Resorts Inc (RRR) stock reached a new 52-week high, closing at 62.1 USD, with impressive year-to-date returns of 37%. According to InvestingPro data, the company boasts strong gross profit margins of 67% and maintains a solid market capitalization of $6.29 billion. This milestone reflects a notable increase in the company’s stock performance over the past year. The stock has experienced a 10.66% rise over the last 12 months, underscoring investor confidence and the company’s strong market position. This upward trend highlights Red Rock Resorts’ resilience and adaptability in an evolving market environment, as it continues to capitalize on opportunities within the gaming and hospitality sectors. With revenue growth of 7.47% and a P/E ratio of 20.7, detailed analysis of the company’s performance metrics is available through InvestingPro’s comprehensive research reports.
In other recent news, Red Rock Resorts has reported impressive financial results for the second quarter of 2025. The company’s earnings per share (EPS) reached $0.95, significantly surpassing the forecasted $0.41, which marks a surprise increase of 131.71%. Revenue also exceeded expectations, totaling $526.3 million compared to the anticipated $487.61 million. Following these strong results, Mizuho raised its price target for Red Rock Resorts to $62, while maintaining its previous rating. Additionally, JMP Securities increased its price target to $64, keeping a Market Outperform rating. The Las Vegas segment alone brought in $513.3 million in revenue, surpassing both Mizuho’s and the Street’s estimates. These developments reflect positively on Red Rock Resorts’ performance and potential future growth.
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