Is Eldorado Resorts Inc (NASDAQ:ERI) a Buy? The Stock Reported more Sellers

Investors sentiment increased to 1.41 in Q1 2019. Its up 0.13, from 1.28 in 2018Q4. It is positive, as 16 investors sold Eldorado Resorts, Inc. shares while 59 reduced holdings. 41 funds opened positions while 65 raised stakes. 62.40 million shares or 3.06% less from 64.37 million shares in 2018Q4 were reported.
Employees Retirement Sys Of Ohio invested in 0.01% or 57,267 shares. State Treasurer State Of Michigan accumulated 0.01% or 23,200 shares. Legal & General Gru Public Limited Company reported 68,467 shares. Marshall Wace Llp has 0% invested in Eldorado Resorts, Inc. (NASDAQ:ERI). Price T Rowe Associates Md holds 0% or 47,494 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 2,787 shares. Bridger Management Llc reported 746,498 shares. Gamco Invsts Et Al stated it has 12,357 shares or 0% of all its holdings. Barclays Public Limited owns 18,613 shares. Ing Groep Nv owns 9,967 shares. Ameriprise Fin holds 0% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI) for 194,401 shares. Virginia Retirement Sys Et Al has invested 0.01% in Eldorado Resorts, Inc. (NASDAQ:ERI). First Limited Partnership invested in 112,778 shares. Aqr Capital Mngmt Lc reported 0.04% in Eldorado Resorts, Inc. (NASDAQ:ERI). Kennedy Cap accumulated 0.06% or 53,776 shares.

The stock of Eldorado Resorts Inc (NASDAQ:ERI) registered an increase of 90.95% in short interest. ERI’s total short interest was 12.73M shares in September as published by FINRA. Its up 90.95% from 6.67M shares, reported previously. With 1.40M shares average volume, it will take short sellers 9 days to cover their ERI’s short positions. The short interest to Eldorado Resorts Inc’s float is 22.02%.

The stock decreased 0.13% or $0.05 during the last trading session, reaching $39. About 1.44M shares traded. Eldorado Resorts, Inc. (NASDAQ:ERI) has risen 8.46% since September 9, 2018 and is uptrending. It has outperformed by 8.46% the S&P500.

Eldorado Resorts, Inc. operates as a gaming and hospitality firm in the United States. The company has market cap of $2.99 billion. It owns and operates Eldorado Resort Casino Reno, a hotel, casino, and entertainment facility; Silver Legacy Resort Casino, a themed hotel and casino; Circus Circus Reno, a hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. It has a 32.2 P/E ratio. The firm also operates Isle Casino Hotel—Black Hawk and Lady Luck Casino—Black Hawk land casinos; Isle Casino Racing Pompano Park, a casino and harness racing track; Isle Casino Bettendorf, a land single-level casino; Isle Casino Waterloo, a single-level land casino; Isle of Capri Casino Hotel Lake Charles, a gaming vessel; Isle of Capri Casino Lula, a two dockside casino; Lady Luck Casino Vicksburg and Isle of Capri Casino Kansas City dockside casinos; Isle of Capri Casino Boonville, a single-level dockside casino; Isle Casino Cape Girardeau, a dockside casino, and pavilion and entertainment center; Lady Luck Casino Caruthersville, a riverboat casino; and Lady Luck Casino Nemacolin, a casino property.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Coverage

Among 3 analysts covering Eldorado Resorts (NASDAQ:ERI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Eldorado Resorts has $65 highest and $42 lowest target. $55.75’s average target is 42.95% above currents $39 stock price. Eldorado Resorts had 7 analyst reports since March 20, 2019 according to SRatingsIntel. Roth Capital maintained the shares of ERI in report on Tuesday, June 25 with “Buy” rating. Nomura maintained it with “Hold” rating and $42 target in Tuesday, June 25 report. As per Wednesday, March 20, the company rating was maintained by J.P. Morgan.

More notable recent Eldorado Resorts, Inc. (NASDAQ:ERI) news were published by: Finance.Yahoo.com which released: “What Does Eldorado Resorts, Inc.’s (NASDAQ:ERI) P/E Ratio Tell You? – Yahoo Finance” on August 02, 2019, also Nasdaq.com with their article: “Caesars Entertainment News: CZR Stock Pops on Takeover Developments – Nasdaq” published on June 07, 2019, Businesswire.com published: “Glancy Prongay & Murray LLP Announces Investigation on Behalf of Eldorado Resorts, Inc. Investors – Business Wire” on September 06, 2019. More interesting news about Eldorado Resorts, Inc. (NASDAQ:ERI) were released by: Nasdaq.com and their article: “Moving Average Crossover Alert: Eldorado Resorts – Nasdaq” published on August 30, 2019 as well as Seekingalpha.com‘s news article titled: “Caesars integration looms large over Eldorado earnings – Seeking Alpha” with publication date: August 06, 2019.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Chart

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