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

Codere Online Luxembourg, S.A. (NASDAQ:CDRO) – Equities researchers at Noble Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Codere Online Luxembourg in a research note issued to investors on Monday, February 24th. Noble Financial analyst M. Kupinski anticipates 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 restated a “buy” rating and set a $10.00 price objective on shares of Codere Online Luxembourg in a report on Monday, December 30th.

Codere Online Luxembourg Stock Down 1.8 %

Shares of CDRO stock opened at $7.63 on Wednesday. The stock has a 50-day moving average of $6.88 and a 200-day moving average 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

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

About Codere Online Luxembourg

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.