What is Noble Financial’s Forecast for CDRO Q1 Earnings?

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Research analysts at Noble Financial issued their Q1 2025 earnings per share estimates for shares of Codere Online Luxembourg in a research report issued on Monday, February 24th. Noble Financial analyst M. Kupinski expects that the company will earn $0.02 per share for the quarter. 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 FY2025 earnings at $0.20 EPS and FY2026 earnings at $0.41 EPS.

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

Codere Online Luxembourg Stock Up 0.4 %

NASDAQ:CDRO opened at $7.77 on Wednesday. The stock’s fifty day moving average price is $6.87 and its two-hundred day moving average price is $7.52. Codere Online Luxembourg has a 52-week low of $5.75 and a 52-week high of $8.76.

Institutional Trading of Codere Online Luxembourg

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Codere Online Luxembourg during the 4th quarter worth about $64,000. Geode Capital Management LLC lifted its stake 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 purchasing an additional 2,723 shares during the last quarter. Hood River Capital Management LLC lifted its stake 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 purchasing an additional 10,059 shares during the last quarter. Diametric Capital LP lifted its stake in Codere Online Luxembourg by 183.3% in the 4th quarter. Diametric Capital LP now owns 38,743 shares of the company’s stock valued at $250,000 after purchasing an additional 25,068 shares during the last quarter. Finally, Exchange Traded Concepts LLC acquired a new stake in Codere Online Luxembourg in the 4th quarter valued at about $364,000. Institutional investors own 10.30% of the company’s stock.

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.