Notable Mover: What Next for Eldorado Resorts Inc Stock After Today’s Big Increase?

Notable Mover: What Next for Eldorado Resorts Inc Stock After Today's Big Increase?

The stock of Eldorado Resorts Inc (NASDAQ:ERI) is a huge mover today! About 352,896 shares traded hands or 0.45% up from the average. Eldorado Resorts Inc (NASDAQ:ERI) has declined 4.74% since April 8, 2016 and is downtrending. It has underperformed by 10.39% the S&P500.
The move comes after 5 months positive chart setup for the $587.26M company. It was reported on Nov, 10 by We have $16.82 PT which if reached, will make NASDAQ:ERI worth $229.03M more.

Eldorado Resorts Inc (NASDAQ:ERI) Ratings Coverage

Out of 3 analysts covering Eldorado Resorts (NASDAQ:ERI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Eldorado Resorts has been the topic of 3 analyst reports since March 11, 2016 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Macquarie Research on Friday, March 11. The firm has “Buy” rating by Suntrust Robinson given on Friday, August 19. As per Monday, August 15, the company rating was maintained by Imperial Capital.

According to Zacks Investment Research, “Eldorado Resorts, Inc. is a casino entertainment company. It provides casino and entertainment services primarily in Nevada and Louisiana, United States. The Company’s facilities and services include casino games; hotels; entertainment and events; signature and casual restaurants; various venues; and guest services. Its casino also provides facilities for meetings and special events; catering and banquet services; and golf, ski, Reno bowling, baseball, basecamp climbing, truckee river, Reno fernley raceway, and museum services. Eldorado Resorts, Inc. is based in Reno, Nevada.”

Insitutional Activity: The institutional sentiment decreased to 1.16 in 2016 Q2. Its down 1.80, from 2.96 in 2016Q1. The ratio worsened, as 16 funds sold all Eldorado Resorts Inc shares owned while 34 reduced positions. 27 funds bought stakes while 31 increased positions. They now own 20.45 million shares or 5.25% less from 21.58 million shares in 2016Q1.
Strs Ohio reported 400 shares or 0% of all its holdings. New York State Common Retirement Fund reported 25,800 shares or 0% of all its holdings. Tower Rech Limited Liability Corp (Trc) last reported 0.01% of its portfolio in the stock. Tcw, a California-based fund reported 19,200 shares. Park West Asset Management Ltd accumulated 2.04M shares or 3.14% of the stock. Moreover, Group has 0% invested in Eldorado Resorts Inc (NASDAQ:ERI) for 16,491 shares. Legal & General Group Plc last reported 4,031 shares in the company. Schwab Charles Invest Mngmt holds 0% of its portfolio in Eldorado Resorts Inc (NASDAQ:ERI) for 44,309 shares. Geode Cap Lc last reported 0% of its portfolio in the stock. Blackrock Institutional Trust Com Na accumulated 0% or 704,108 shares. Moreover, Jpmorgan Chase has 0% invested in Eldorado Resorts Inc (NASDAQ:ERI) for 409 shares. Navellier And Assocs reported 27,685 shares or 0.06% of all its holdings. Creative Planning last reported 0% of its portfolio in the stock. Citigroup holds 3,039 shares or 0% of its portfolio. Oberweis Asset Mgmt has invested 1.31% of its portfolio in Eldorado Resorts Inc (NASDAQ:ERI).

More important recent Eldorado Resorts Inc (NASDAQ:ERI) news were published by: which released: “/quotes/zigman/3870025/realtime” on December 21, 2009, also published article titled: “Eldorado Resorts, Inc. Commences Cash Tender Offers for Outstanding Notes of …”, published: “Eldorado Resorts and Vista Host, Inc. Establish Joint Venture to Develop Hotel …” on October 22, 2015. More interesting news about Eldorado Resorts Inc (NASDAQ:ERI) was released by: and their article: “Eldorado Resorts to buy Isle of Capri Casinos” with publication date: September 19, 2016.

ERI Company Profile

Eldorado Resorts, Inc. (ERI), incorporated on March 6, 2013, is a gaming and hospitality company. The Firm owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company’s divisions include Nevada, Louisiana and Eastern. The Firm owns and operates various properties, such as Eldorado Resort Casino Reno (Eldorado Reno), which is a 814-room hotel, casino and entertainment facility located in downtown Reno, Nevada; Silver Legacy Resort Casino (Silver Legacy), which is a 1,711-room themed hotel and casino located adjacent to Eldorado Reno and Circus Reno; Circus Circus Reno (Circus Reno), which is a 1,571-room hotel-casino and entertainment complex connected through a skywalk to Eldorado Reno and Silver Legacy; Eldorado Resort Casino Shreveport (Eldorado Shreveport), which is a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino situated on the Red River in Shreveport, Louisiana; Mountaineer Casino, Racetrack & Resort (Mountaineer), which is a 354-room resort with a casino and live thoroughbred horse racing located on the Ohio River at the northern tip of West Virginia’s northwestern panhandle; Presque Isle Downs & Casino (Presque Isle Downs), which is a casino and live thoroughbred horse racing facility with slot machines, table games and poker located in Erie, Pennsylvania, and Eldorado Gaming Scioto Downs (Scioto Downs).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment