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Caesars Entertainment (CZR)
NASDAQ:CZR
Caesars Entertainment (CZR) Stock Price & Analysis
1,912 Followers
CZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.09 - $60.27
Previous Close$36.22
Volume2.10M
Average Volume (3M)3.50M
Market Cap
$8.06B
Enterprise Value$32.05B
Total Cash (Recent Filing)$1.00B
Total Debt (Recent Filing)$25.05B
Price to Earnings (P/E)10.2
Beta2.38
Next Earnings
Jul 30, 2024EPS Estimate
$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.56
Shares Outstanding216,415,536
10 Day Avg. Volume5,196,741
30 Day Avg. Volume3,504,720
Standard Deviation0.27
R-Squared0.35
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.72
Price to Sales (P/S)0.68
Price to Cash Flow (P/CF)3.90
P/FCF Ratio1.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.13
Enterprise Value/Gross Profit3.92
Enterprise Value/Ebitda10.91
Forecast
1Y Price Target
$52.56Price Target Upside41.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Caesars Entertainment News
PremiumMarket News
SPY ETF Update, 5/9/2024 
PremiumMarket News
SPY ETF Update, 5/7/2024 
PremiumMarket News
SPY ETF Update, 4/29/2024 
PremiumMarket News
SPY ETF Update, 4/25/2024 
PremiumMarket News
SPY ETF Update, 4/22/2024 
PremiumMarket News
SPY ETF Update, 4/18/2024 Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst maintains Outperform rating and projects significant free cash flow per share in the coming years.
Growth StrategyThe company has a strategy in place for multi-pronged growth in online gaming, including investment in iGaming, sports betting, and a secondary brand strategy.
Market ValuationStock price is considered undervalued at 7.3x 2025E EBITDA, trading well under historical levels, despite solid fundamentals and a diverse customer base.
Bears Say
Financial PerformanceCaesars Entertainment reported weaker financial results with adjusted EBITDAR down 10% year-over-year on a same-store basis, missing forecasts.
Market ExpectationsAnalysts have reduced price targets for Caesars Entertainment, with a downward revision of EBITDAR estimates and adjusted valuation multiples.
Stock PerformanceCaesars Entertainment's stock has hit 18-month lows, signaling a lack of confidence from investors.
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Ownership Overview
19.85% Insiders
41.84% Mutual Funds
25.40% Other Institutional Investors
12.91% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
The estimated number of people who visited one or more of the websites owned by Caesars Entertainment
Desktop Users
Mobile Users
CZR FAQ
What was Caesars Entertainment’s price range in the past 12 months?
Caesars Entertainment lowest stock price was $35.09 and its highest was $60.27 in the past 12 months.
What is Caesars Entertainment’s market cap?
Currently, no data Available
When is Caesars Entertainment’s upcoming earnings report date?
Caesars Entertainment’s upcoming earnings report date is Jul 30, 2024 which is in 81 days.
How were Caesars Entertainment’s earnings last quarter?
Caesars Entertainment released its earnings results on Apr 30, 2024. The company reported -$0.73 earnings per share for the quarter, missing the consensus estimate of -$0.077 by -$0.653.
Is Caesars Entertainment overvalued?
According to Wall Street analysts Caesars Entertainment’s price is currently Undervalued.
Does Caesars Entertainment pay dividends?
Caesars Entertainment does not currently pay dividends.
What is Caesars Entertainment’s EPS estimate?
Caesars Entertainment’s EPS estimate is $0.2.
How many shares outstanding does Caesars Entertainment have?
Caesars Entertainment has 216,415,540 shares outstanding.
What happened to Caesars Entertainment’s price movement after its last earnings report?
Caesars Entertainment reported an EPS of -$0.73 in its last earnings report, missing expectations of -$0.077. Following the earnings report the stock price went up 1.563%.
Which hedge fund is a major shareholder of Caesars Entertainment?
Among the largest hedge funds holding Caesars Entertainment’s share is HG Vora Capital Management, LLC. It holds Caesars Entertainment’s shares valued at 239M.
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Caesars Entertainment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$52.56 (41.14% Upside)
$52.56 (41.14% Upside)
Blogger Sentiment
Bullish
CZR Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 295.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.99%
12-Months-Change
Fundamentals
Return on Equity
19.10%
Trailing 12-Months
Asset Growth
-0.87%
Trailing 12-Months
Company Description
Caesars Entertainment
Eldorado Resorts, Inc. operates as a casino entertainment company. It engages in gaming operations, and manages hotels, restaurants, bars, racing, retail shops, and other services. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of seven properties in Nevada and Colorado. The Midwest segment comprises of dockside and land-based casinos in Iowa and Missouri. The South segment includes dockside casinos in Louisiana and Mississippi, and racino in Florida. The East segment is involved in the operation of racinos located in Pennsylvania, Ohio, and West Virginia; and casinos in Pennsylvania and New Jersey. The Central segment is composed of properties in Indiana, Illinois, and Missouri. The company was founded by Donald Louis Carano in 1973 and is headquartered in Reno, NV.
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CZR Earnings Call
Q1 2024
0:00 / 0:00
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CZR Revenue Breakdown
55.23% Casino
18.13% Hotel
14.99% Food and beverage
11.65% Other
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CZR Stock 12 Month Forecast
Average Price Target
$52.56
▲(41.14% Upside)
Technical Analysis
Best Analysts Covering CZR
1 Year
1 Year Success Rate
17/41 ratings generated profit
1 Year Average Return
+27.78%
reiterated a buy rating 9 days ago
Copying Carlo Santarelli's trades and holding each position for 1 Year would result in 41.46% of your transactions generating a profit, with an average return of +27.78% per trade.
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