Codere OnlineCDRO
Market Cap: $349M
About: Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.
Employees: 255
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
25% more funds holding
Funds holding: 8 [Q1] → 10 (+2) [Q2]
11% more capital invested
Capital invested by funds: $32.6M [Q1] → $36.1M (+$3.47M) [Q2]
0.68% less ownership
Funds ownership: 10.45% [Q1] → 9.77% (-0.68%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Craig-Hallum Chase Knickerbocker 44% 1-year accuracy 8 / 18 met price target | 30%upside $10 | Buy Initiated | 11 Jul 2024 |