Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) - Equities research analysts at Noble Financial reduced their FY2025 EPS estimates for shares of Codere Online Luxembourg in a research note issued to investors on Friday, August 1st. Noble Financial analyst M. Kupinski now expects that the company will post earnings of $0.09 per share for the year, down from their previous estimate of $0.15. The consensus estimate for Codere Online Luxembourg's current full-year earnings is ($0.05) per share. Noble Financial also issued estimates for Codere Online Luxembourg's FY2026 earnings at $0.61 EPS.
Codere Online Luxembourg Stock Performance
Shares of NASDAQ:CDRO traded down $0.10 on Monday, hitting $8.39. 29,105 shares of the company were exchanged, compared to its average volume of 31,266. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 1.40. The company's 50 day moving average price is $7.98 and its two-hundred day moving average price is $7.51. Codere Online Luxembourg has a one year low of $5.75 and a one year high of $8.76.
Hedge Funds Weigh In On Codere Online Luxembourg
A number of large investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its stake in Codere Online Luxembourg by 25.0% in the fourth quarter. Geode Capital Management LLC now owns 13,600 shares of the company's stock valued at $88,000 after purchasing an additional 2,723 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Codere Online Luxembourg during the 4th quarter worth approximately $64,000. Hood River Capital Management LLC increased its holdings in shares of Codere Online Luxembourg by 64.7% during the fourth quarter. Hood River Capital Management LLC now owns 25,596 shares of the company's stock worth $165,000 after purchasing an additional 10,059 shares during the period. Finally, FNY Investment Advisers LLC increased its holdings in Codere Online Luxembourg by 15.3% in the 1st quarter. FNY Investment Advisers LLC now owns 424,661 shares of the company's stock valued at $3,078,000 after buying an additional 56,484 shares during the period. 10.30% of the stock is currently owned by institutional investors and hedge funds.
About Codere Online Luxembourg
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Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.
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