Is Codere Online Stock a Good Investment?
Codere Online Investment Advice | CDRO |
- Examine Codere Online's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codere Online's leadership team and their track record. Good management can help Codere Online navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Codere Online's business and its evolving consumer preferences.
- Compare Codere Online's performance and market position to its competitors. Analyze how Codere Online is positioned in terms of product offerings, innovation, and market share.
- Check if Codere Online pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codere Online's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codere Online Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codere Online Corp is a good investment.
Sell | Buy |
Hold
Market Performance | Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Codere Online Stock
Researching Codere Online's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 68.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.72. Codere Online Corp had not issued any dividends in recent years.
To determine if Codere Online is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Codere Online's research are outlined below:
| The company reported the previous year's revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 73.17 M. | |
| Codere Online Corp currently holds about 84.52 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Codere Online Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Are Consumer Discretionary Stocks Lagging Codere Online Luxembourg This Year |
Codere Online Quarterly Cash And Short Term Investments |
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Codere Online uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Codere Online Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Codere Online's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Codere Online's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Codere Online's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-02-28 | 2022-12-31 | -0.31 | -0.42 | -0.11 | 35 | ||
2022-03-11 | 2021-12-31 | -0.12 | -0.01 | 0.11 | 91 | ||
2024-05-15 | 2024-03-31 | -0.03 | -0.43 | -0.4 | 1333 |
Know Codere Online's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Codere Online is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Codere Online Corp backward and forwards among themselves. Codere Online's institutional investor refers to the entity that pools money to purchase Codere Online's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bamco Inc | 2023-12-31 | 3.8 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 404 K | Mmbg Investment Advisors Co. | 2023-12-31 | 312.7 K | Blair William & Co | 2023-12-31 | 85.9 K | Castle Creek Arbitrage, Llc | 2023-09-30 | 26.3 K | Renaissance Technologies Corp | 2023-12-31 | 22.2 K | Walleye Trading Advisors, Llc | 2023-12-31 | 14.5 K | Millennium Management Llc | 2023-12-31 | 0.0 | Royal Bank Of Canada | 2023-09-30 | 0.0 |
Codere Online's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 339.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Codere Online's market, we take the total number of its shares issued and multiply it by Codere Online's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Codere Online's profitablity analysis
Codere Online's profitability indicators refer to fundamental financial ratios that showcase Codere Online's ability to generate income relative to its revenue or operating costs. If, let's say, Codere Online is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Codere Online's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Codere Online's profitability requires more research than a typical breakdown of Codere Online's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.77) | (0.81) | |
| Return On Capital Employed | (2.42) | (2.30) | |
| Return On Assets | (0.77) | (0.81) | |
| Return On Equity | (2.19) | (2.08) |
Determining Codere Online's profitability involves analyzing its financial statements and using various financial metrics to determine if Codere Online is a good buy. For example, gross profit margin measures Codere Online's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Codere Online's profitability and make more informed investment decisions.
The data published in Codere Online's official financial statements usually reflect Codere Online's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Codere Online Corp. For example, before you start analyzing numbers published by Codere accountants, it's critical to develop an understanding of what Codere Online's liquidity, profitability, and earnings quality are in the context of the Hotels, Restaurants & Leisure space in which it operates.
Please note, the presentation of Codere Online's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Codere Online's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Codere Online's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Codere Online Corp. Please utilize our Beneish M Score to check the likelihood of Codere Online's management manipulating its earnings.
Evaluate Codere Online's management efficiency
Codere Online Corp has return on total asset (ROA) of (0.3174) % which means that it has lost $0.3174 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8168) %, meaning that it created substantial loss on money invested by shareholders. Codere Online's management efficiency ratios could be used to measure how well Codere Online manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of June 2024, Return On Tangible Assets is likely to drop to -0.81. In addition to that, Return On Capital Employed is likely to grow to -2.3. At this time, Codere Online's Non Current Assets Total are very stable compared to the past year. As of the 1st of June 2024, Net Tangible Assets is likely to grow to about 81.6 M, while Total Assets are likely to drop about 60.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.49 | 0.46 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.49 | 0.46 | |
| Enterprise Value Over EBITDA | (1.79) | (1.88) | |
| Price Book Value Ratio | 4.02 | 4.23 | |
| Enterprise Value Multiple | (1.79) | (1.88) | |
| Price Fair Value | 4.02 | 4.23 | |
| Enterprise Value | 69.3 M | 65.8 M |
The analysis of Codere Online's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Codere Online's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Codere Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.375 |
Basic technical analysis of Codere Stock
As of the 1st of June, Codere Online shows the risk adjusted performance of 0.0632, and Mean Deviation of 2.13. Codere Online Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Codere Online Corp, which can be compared to its peers. Please confirm Codere Online Corp standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Codere Online Corp is priced correctly, providing market reflects its regular price of 7.5 per share. Given that Codere Online has jensen alpha of 0.1884, we suggest you to validate Codere Online Corp's prevailing market performance to make sure the company can sustain itself at a future point.Understand Codere Online's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Codere Online's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0632 | |||
| Market Risk Adjusted Performance | 0.1558 | |||
| Mean Deviation | 2.13 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 2.47 | |||
| Coefficient Of Variation | 1130.3 | |||
| Standard Deviation | 2.92 | |||
| Variance | 8.54 | |||
| Information Ratio | 0.073 | |||
| Jensen Alpha | 0.1884 | |||
| Total Risk Alpha | 0.0836 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.1458 | |||
| Maximum Drawdown | 15.51 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 5.4 | |||
| Downside Variance | 6.11 | |||
| Semi Variance | 5.32 | |||
| Expected Short fall | (2.53) | |||
| Skewness | 0.6397 | |||
| Kurtosis | 1.13 |
| Risk Adjusted Performance | 0.0632 | |||
| Market Risk Adjusted Performance | 0.1558 | |||
| Mean Deviation | 2.13 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 2.47 | |||
| Coefficient Of Variation | 1130.3 | |||
| Standard Deviation | 2.92 | |||
| Variance | 8.54 | |||
| Information Ratio | 0.073 | |||
| Jensen Alpha | 0.1884 | |||
| Total Risk Alpha | 0.0836 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.1458 | |||
| Maximum Drawdown | 15.51 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 5.4 | |||
| Downside Variance | 6.11 | |||
| Semi Variance | 5.32 | |||
| Expected Short fall | (2.53) | |||
| Skewness | 0.6397 | |||
| Kurtosis | 1.13 |
Consider Codere Online's intraday indicators
Codere Online intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Codere Online stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 763.5 | |||
| Daily Balance Of Power | 0.2308 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.37 | |||
| Day Typical Price | 7.41 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.06 |
Codere Online Corporate Filings
6K | 21st of May 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 1st of May 2024 Other Reports | ViewVerify | |
13A | 14th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Codere Stock media impact
Far too much social signal, news, headlines, and media speculation about Codere Online that are available to investors today. That information is available publicly through Codere media outlets and privately through word of mouth or via Codere internal channels. However, regardless of the origin, that massive amount of Codere data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Codere Online news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Codere Online relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Codere Online's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Codere Online alpha.
Codere Online Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Codere Online can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Codere Online without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Codere Online Corporate Management
Elected by the shareholders, the Codere Online's board of directors comprises two types of representatives: Codere Online inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Codere. The board's role is to monitor Codere Online's management team and ensure that shareholders' interests are well served. Codere Online's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Codere Online's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matan Shemesh | Chief Strategy | Profile | |
| Yaiza Rodriguez | General Board | Profile | |
| Moshe Edree | Executive Board | Profile | |
| Gonzalo Osma | Chief Officer | Profile | |
| Oscar Iglesias | Chief Officer | Profile | |
| Alberto Telias | Chief Officer | Profile |
How to buy Codere Stock?
To provide specific investment advice or recommendations on Codere Online Corp stock, we recommend investors consider the following general factors when evaluating Codere Online Corp. This will help you to make an informed decision on whether to include Codere Online in one of your diversified portfolios:- Examine Codere Online's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codere Online's leadership team and their track record. Good management can help Codere Online navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Codere Online's business and its evolving consumer preferences.
- Compare Codere Online's performance and market position to its competitors. Analyze how Codere Online is positioned in terms of product offerings, innovation, and market share.
- Check if Codere Online pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codere Online's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codere Online Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codere Online Corp is a good investment.
Already Invested in Codere Online Corp?
The danger of trading Codere Online Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Codere Online is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Codere Online. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Codere Online Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Codere Stock analysis
When running Codere Online's price analysis, check to measure Codere Online's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Codere Online is operating at the current time. Most of Codere Online's value examination focuses on studying past and present price action to predict the probability of Codere Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codere Online's price. Additionally, you may evaluate how the addition of Codere Online to your portfolios can decrease your overall portfolio volatility.
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Is Codere Online's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.72) | Revenue Per Share 3.083 | Quarterly Revenue Growth 0.456 | Return On Assets (0.32) | Return On Equity (0.82) |
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Codere Online's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.