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Caesars Entertainment (CZR)
NASDAQ:CZR
Caesars Entertainment (CZR) Stock Price & Analysis
1,875 Followers
CZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.33 - $60.27
Previous Close$38.52
Volume112.95K
Average Volume (3M)3.18M
Market Cap
$8.25B
Enterprise Value$32.54B
Total Cash (Recent Filing)$1.00B
Total Debt (Recent Filing)$25.05B
Price to Earnings (P/E)10.5
Beta2.35
Next Earnings
Apr 30, 2024EPS Estimate
-$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.65
Shares Outstanding216,299,768
10 Day Avg. Volume3,027,295
30 Day Avg. Volume3,182,712
Standard Deviation0.27
R-Squared0.34
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.78
Price to Sales (P/S)0.72
Price to Cash Flow (P/CF)4.20
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.18
Enterprise Value/Gross Profit3.98
Enterprise Value/Ebitda11.08
Forecast
1Y Price Target
$59.30Price Target Upside55.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Caesars Entertainment News
PremiumMarket News
SPY ETF Update, 4/18/2024 
PremiumMarket News
SPY ETF Update, 4/16/2024 
PremiumMarket News
SPY ETF Update, 3/27/2024 
PremiumMarket News
SPY ETF Update, 3/25/2024 PremiumMarket News
SPY ETF Update, 3/21/2024 
Bulls Say, Bears Say
Bulls Say
Financial Strategy & OutlookAnalysts are optimistic about Caesars Entertainment's future financial performance, citing the company's transition into a phase focused on generating strong free cash flow, reduction in capital expenditures, and efforts to decrease debt, which may result in increased shareholder value.
Growth & ProfitabilityEncouraging trends in the iCasino segment, along with the acquisition of Wynn's Michigan iGaming business, are expected to drive growth and increase market presence, which could lead to a significant upside in share value.
Valuation & Upside PotentialAnalyst's recommendation includes a price target upgrade to $59, highlighting approximately 40% upside potential, grounded in the belief that the Digital business's true value is not yet fully reflected in the company's overall stock valuation.
Bears Say
Financial ForecastAnalyst forecasts for Caesars Entertainment are being lowered due to anticipated challenges in Las Vegas and softness in digital operations, leading to expectations of reported results falling short of current consensus.
Interest Rate RiskCaesars Entertainment's recent refinancing has altered its debt structure, increasing its exposure to interest rate fluctuations, which could negatively affect its financial stability.
Labor CostsCaesars Entertainment faces margin pressures as a new agreement with the culinary union is set to increase wages significantly over the next five years, impacting the company's profitability.
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Ownership Overview
19.84% Insiders
44.26% Mutual Funds
21.18% Other Institutional Investors
14.71% 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 $38.33 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 Apr 30, 2024 which is in 11 days.
How were Caesars Entertainment’s earnings last quarter?
Caesars Entertainment released its earnings results on Feb 20, 2024. The company reported -$0.34 earnings per share for the quarter, missing the consensus estimate of -$0.037 by -$0.303.
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 -$0.03.
How many shares outstanding does Caesars Entertainment have?
Caesars Entertainment has 216,299,770 shares outstanding.
What happened to Caesars Entertainment’s price movement after its last earnings report?
Caesars Entertainment reported an EPS of -$0.34 in its last earnings report, missing expectations of -$0.037. Following the earnings report the stock price went up 1.417%.
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
Strong Buy
Average Price Target:
$59.30 (55.44% Upside)
$59.30 (55.44% Upside)
Blogger Sentiment
Bullish
CZR Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 295.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $621.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.14%
12-Months-Change
Fundamentals
Return on Equity
19.02%
Trailing 12-Months
Asset Growth
-0.48%
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
Q4 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 Months Forecast
Average Price Target
$59.30
▲(55.44% Upside)
Technical Analysis
Best Analysts Covering CZR
1 Year
1 Year Success Rate
17/40 ratings generated profit
1 Year Average Return
+29.29%
reiterated a buy rating 7 days ago
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