(CDRO) Codere Online US - Ratings and Ratios

Exchange: NASDAQ • Country: Luxembourg • Currency: USD • Type: Common Stock • ISIN: LU2405144788

CDRO: Casino, Sports, Betting, Online, Gaming

Codere Online Luxembourg, S.A., operating as Codere Online US Corp (NASDAQ:CDRO), is a leading online gaming and sports betting platform. The company provides a diverse range of products, including online casino wagering, sports betting, and other digital gambling services. Its offerings are available under the Codere and Greenplay brands, catering to a broad audience across multiple jurisdictions. Codere Online primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina. The company leverages its extensive market presence and brand recognition to deliver a comprehensive suite of gaming solutions. Headquartered in Luxembourg, Codere Online has established itself as a key player in the global online gaming industry.

The stock is currently trading above its 20-day and 50-day moving averages but below its 200-day moving average, indicating near-term bullish momentum but longer-term bearish trends. The average true range (ATR) of 0.45 suggests low volatility, with recent price action consolidating around the $7.92 level. With a market capitalization of $339.73 million, Codere Online carries a high price-to-book ratio of 17.57, signaling rich valuation relative to book value. The forward P/E remains undefined, reflecting uncertainties in profitability. The price-to-sales ratio of 2.59 indicates moderate revenue multiples, while the return on equity (RoE) of -40.02% highlights significant profitability challenges.

Over the next three months, Codere Online US Corp (NASDAQ:CDRO) is expected to experience sideways trading with potential upside driven by improving revenue trends and market expansion. However, profitability concerns and rich valuations may limit significant price appreciation. Technical support is likely to hold around the 50-day SMA of $6.93, while resistance could emerge near the 200-day SMA of $7.60. Investors should monitor updates on profitability metrics and regulatory developments in key markets.

Additional Sources for CDRO Stock

CDRO Stock Overview

Market Cap in USD 340m
Sector Consumer Cyclical
Industry Gambling
GiC Sub-Industry Restaurants
IPO / Inception 2021-12-01

CDRO Stock Ratings

Growth 5y -7.03%
Fundamental -8.18%
Dividend 0.0%
Rel. Strength Industry -3.8
Analysts 4.5/5
Fair Price Momentum 6.85 USD
Fair Price DCF -

CDRO Dividends

No Dividends Paid

CDRO Growth Ratios

Growth Correlation 3m 24.1%
Growth Correlation 12m 6.4%
Growth Correlation 5y -22.1%
CAGR 5y -1.26%
CAGR/Max DD 5y -0.02
Sharpe Ratio 12m -0.89
Alpha 2.35
Beta 0.38
Volatility 52.90%
Current Volume 19.5k
Average Volume 20d 36.9k
What is the price of CDRO stocks?
As of March 10, 2025, the stock is trading at USD 7.60 with a total of 19,491 shares traded.
Over the past week, the price has changed by +0.53%, over one month by +11.27%, over three months by -1.55% and over the past year by +10.95%.
Is Codere Online US a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Codere Online US is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -8.18 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CDRO as of March 2025 is 6.85. This means that CDRO is currently overvalued and has a potential downside of -9.87%.
Is CDRO a buy, sell or hold?
Codere Online US has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy CDRO.
  • Strong Buy: 3
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for CDRO stock price target?
According to ValueRays Forecast Model, CDRO Codere Online US will be worth about 7.6 in March 2026. The stock is currently trading at 7.60. This means that the stock has a potential upside of +0%.
Issuer Forecast Upside
Wallstreet Target Price 11.3 48.8%
Analysts Target Price 11.3 48.8%
ValueRay Target Price 7.6 0%