Today, a Director at Eldorado Resorts (NASDAQ: ERI), Roger Wagner, sold shares of ERI for $284.3K.
Following Roger Wagner’s last ERI Sell transaction on March 14, 2017, the stock climbed by 24.2%. In addition to Roger Wagner, one other ERI executive reported Sell trades in the last month.
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Based on Eldorado Resorts’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $440 million and quarterly net profit of $20.86 million. In comparison, last year the company earned revenue of $201 million and had a net profit of $1.02 million. ERI’s market cap is $3.34B and the company has a P/E ratio of 39.01. Currently, Eldorado Resorts has an average volume of 441.6K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.25, reflecting a -12.5% downside.
The insider sentiment on Eldorado Resorts has been negative according to 30 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Roger Wagner’s trades have generated a 79.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Eldorado Resorts, Inc. is a gaming and hospitality company. The firm owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia.
