What is Noble Financial’s Estimate for CDRO FY2025 Earnings?

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Equities research analysts at Noble Financial upped their FY2025 earnings per share estimates for Codere Online Luxembourg in a research note issued on Friday, February 21st. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of $0.27 for the year, up from their previous forecast of $0.26. The consensus estimate for Codere Online Luxembourg’s current full-year earnings is ($0.05) per share.

Separately, Stifel Nicolaus reaffirmed a “buy” rating and set a $10.00 target price on shares of Codere Online Luxembourg in a research note on Monday, December 30th.

Codere Online Luxembourg Trading Down 0.3 %

Shares of CDRO opened at $7.74 on Monday. The stock has a 50 day moving average price of $6.86 and a 200 day moving average price of $7.52. Codere Online Luxembourg has a one year low of $5.75 and a one year high of $8.76.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CDRO. Raymond James Financial Inc. purchased a new stake in shares of Codere Online Luxembourg in the fourth quarter valued at approximately $64,000. Geode Capital Management LLC grew its holdings in Codere Online Luxembourg by 25.0% in the 4th quarter. Geode Capital Management LLC now owns 13,600 shares of the company’s stock valued at $88,000 after buying an additional 2,723 shares in the last quarter. Hood River Capital Management LLC grew its holdings in Codere Online Luxembourg by 64.7% in the 4th quarter. Hood River Capital Management LLC now owns 25,596 shares of the company’s stock valued at $165,000 after buying an additional 10,059 shares in the last quarter. Diametric Capital LP increased its stake in shares of Codere Online Luxembourg by 183.3% in the 4th quarter. Diametric Capital LP now owns 38,743 shares of the company’s stock worth $250,000 after acquiring an additional 25,068 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in shares of Codere Online Luxembourg during the 4th quarter worth $364,000. 10.30% of the stock is owned by hedge funds and other institutional investors.

Codere Online Luxembourg Company Profile

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.