Codere Online Stock Target Price and Analyst Consensus

CDRO Stock  USD 7.50  0.03  0.40%   
The current analyst and expert consensus on Codere Online is Strong Buy, with 3 strong buy opinions. The current projected Codere Online target price consensus is 6.36 with 4 analyst opinions. Check out Macroaxis Advice on Codere Online to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Codere Online Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Codere Online executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Codere Online. We encourage you to use your own analysis of Codere Online Corp to validate this buy or sell advice. Codere Online buy-or-sell recommendation module provides average expert sentiment on the projected Codere Online Corp target price to derive its highest and lowest estimates based on projected price volatility of 1.3891.
Lowest Forecast
5.79
Highest Forecast
7.06
Target Price
6.36
As of the 12th of November 2024, Gross Profit is likely to drop to about 77.7 M. In addition to that, Pretax Profit Margin is likely to drop to -0.45. At this time, Codere Online's Total Liabilities is very stable compared to the past year. As of the 12th of November 2024, Net Working Capital is likely to grow to about 30.9 M, while Total Assets are likely to drop about 60.2 M.
  
It's important to approach Codere Online's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Codere Online price targets

Codere Online's stock target price is an estimate of its future price, usually made by analysts. Using Codere Online's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Codere Online's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Codere Online's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Codere Online Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Codere Online is a key component of Codere Online valuation and have some predictive power on the future returns of a Codere Online.
Hype
Prediction
LowEstimatedHigh
6.117.508.89
Details
Intrinsic
Valuation
LowRealHigh
6.387.779.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.04-0.03-0.01
Details

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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 Macroaxis Advice on Codere Online to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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