Codere Online Luxembourg, S.A.

Codere Online Luxembourg, S.A. Stock Forecast & Price Prediction

Live Codere Online Luxembourg, S.A. Stock (CDRO) Price
$8.51

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$8.51

P/E Ratio

-8.26

Volume Traded Today

$68,505

Dividend

Dividends not available for CDRO

52 Week High/low

8.76/2.68

Codere Online Luxembourg, S.A. Market Cap

$390.5M

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CDRO Summary

The Codere Online Luxembourg, S.A. (CDRO) share price is expected to increase by 44.31% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CDRO. Price targets range from $10.82615 at the low end to $15.16754 at the high end. The current analyst consensus for CDRO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CDRO Analyst Ratings

About 0 Wall Street analysts have assigned CDRO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Codere Online Luxembourg, S.A. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CDRO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CDRO stock forecast by analyst

These are the latest 20 analyst ratings of CDRO.

Analyst/Firm

Rating

Price Target

Change

Date

Chase Knickerbocker
Craig-Hallum

Buy

$10

Initiates

Jul 11, 2024
Jeffrey Stantial
Stifel

Buy

$9

Maintains

May 16, 2024
Jeffrey Stantial
Stifel

Buy

$8

Maintains

Mar 1, 2024
Michael Kupinski
Noble Capital Markets

Outperform

$10

Initiates

Feb 22, 2022

Stifel

Buy


Initiates

Jan 4, 2022

CDRO Company Information

What They Do: Operates online casino and sports betting services.

Business Model: The company generates revenue through online casino gaming and sports betting, offering a variety of wagering products and services under its Codere and Greenplay brands. It primarily targets markets in Europe and Latin America.

Other Information: Codere Online Luxembourg is based in Luxembourg and operates in multiple countries, including Spain, Italy, and Mexico. Its diverse geographical presence allows it to tap into various online gaming markets, potentially increasing its customer base and revenue streams.
CDRO
Codere Online Luxembourg, S.A. (CDRO)

When did it IPO

2021

Staff Count

249

Country

Luxembourg

Sector/Industry

Consumer Cyclical/Gambling

CEO

Market Cap

$390.5M

Codere Online Luxembourg, S.A. (CDRO) Financial Data

In 2023, CDRO generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CDRO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$70.5M

Revenue From 2021

$80.3M

13.84 %
From Previous Year

Revenue From 2022

$115.7M

44.23 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $152.1M
  • Operating Margin TTM -15.2%
  • Gross profit TTM $110.9M
  • Return on assets TTM -31.7%
  • Return on equity TTM -81.7%
  • Profit Margin -21.5%
  • Book Value Per Share 0.48%
  • Market capitalisation $390.5M
  • Revenue for 2021 $80.3M
  • Revenue for 2022 $115.7M
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-0.73

Codere Online Luxembourg, S.A. (CDRO) Latest News

News Image

Sun, 25 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Q2 results indicate profitable growth in core markets, driven by favorable trends in Mexico's expanding iGaming sector. The company has a strong balance sheet, enhancing its investment appeal.

Why It Matters - Q2 results indicate sustained profitability amid competition, highlighting growth potential in Mexico's iGaming market. A strong balance sheet and favorable valuation enhance appeal for investment.

News Image

Sun, 04 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Codere Online Luxembourg, S.A. (NASDAQ:CDRO) will host its Q2 2024 earnings call on July 31, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.

Why It Matters - The earnings call indicates upcoming financial performance insights for Codere Online, which can influence stock valuation and investor sentiment.

News Image

Tue, 16 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Codere Online Luxembourg, S.A. (Nasdaq: CDRO) will release its Q2 2024 results on July 31, 2024, at 8:30 AM ET.

Why It Matters - Codere Online's upcoming Q2 2024 results may influence investor sentiment and stock performance, providing insights into its financial health and growth in the competitive online gaming sector.

News Image

Mon, 15 Jul 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Codere Online Luxembourg, S.A. (CDRO) and PlayAGS (AGS) have shown performance metrics compared to their sector in 2023. Further details are needed for specific performance data.

Why It Matters - Performance comparisons highlight relative strength or weakness of CDRO and AGS against their sector, impacting investor sentiment and potential stock valuations.

News Image

Thu, 27 Jun 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Codere Online Luxembourg, S.A. (CDRO) and Rush Street Interactive, Inc. (RSI) have been compared to their sector's performance year-to-date. Further details on their specific performance were not provided.

Why It Matters - The performance of Codere Online and Rush Street Interactive relative to their sector indicates competitive positioning and growth potential, influencing investment decisions and market sentiment.

News Image

Tue, 25 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Codere Online (Nasdaq: CDRO) resolved all 21 agenda items at its AGM, including appointing three new Board members, signaling potential strategic changes for investors.

Why It Matters - The favorable AGM outcomes and new board appointments may enhance governance and strategic direction for Codere Online, potentially boosting investor confidence and company performance.

...

CDRO Frequently asked questions

The highest forecasted price for CDRO is $15.16754 from at .

The lowest forecasted price for CDRO is $10.82615 from from

The CDRO analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.