Codere OnlineCDRO
Market Cap: 353M
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 Q1 SEC filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
119% more capital invested
Capital invested by funds: $13.7M [Q4 2023] → $30.1M (+$16.3M) [Q1 2024]
33% more funds holding
Funds holding: 6 [Q4 2023] → 8 (+2) [Q1 2024]
0.64% less ownership
Funds ownership: 10.29% [Q4 2023] → 9.66% (-0.64%) [Q1 2024]
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Craig-Hallum Chase Knickerbocker | 28%upside $10 | Buy Initiated | 11 Jul 2024 |
Stifel Jeffrey Stantial | 16%upside $9 | Buy Maintained | 16 May 2024 |
Stifel Jeffrey Stantial | 3%upside $8 | Buy Maintained | 1 Mar 2024 |
Financial journalist opinion
Based on 3 articles about CDRO published over the past 30 days