Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $33.88 in the prior trading day, Caesars Entertainment Inc (NASDAQ: CZR) closed at $33.07, down -2.39%. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 7.56 million shares were traded. CZR stock price reached its highest trading level at $34.93 during the session, while it also had its lowest trading level at $32.88.
Ratios:
Our goal is to gain a better understanding of CZR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 6.08 whereas as Long-Term Debt/Eq ratio is at 6.06.
On May 21, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $55.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 06 ’24 when MATHER COURTNEY sold 693 shares for $34.74 per share. The transaction valued at 24,075 led to the insider holds 37,650 shares of the business.
FAHRENKOPF FRANK J JR sold 10,000 shares of CZR for $325,207 on May 31 ’24. The Director now owns 350 shares after completing the transaction at $32.52 per share. On May 31 ’24, another insider, Biumi Bonnie, who serves as the Director of the company, bought 1,000 shares for $32.45 each. As a result, the insider paid 32,455 and bolstered with 24,228 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CZR now has a Market Capitalization of 7026713600 and an Enterprise Value of 32881833984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 2.917 whereas that against EBITDA is 8.965.
Stock Price History:
Over the past 52 weeks, CZR has reached a high of $49.65, while it has fallen to a 52-week low of $31.74. The 50-Day Moving Average of the stock is -17.24%, while the 200-Day Moving Average is calculated to be -14.49%.
Shares Statistics:
The stock has traded on average 3.80M shares per day over the past 3-months and 3818960 shares per day over the last 10 days, according to various share statistics. A total of 212.48M shares are outstanding, with a floating share count of 199.56M. Insiders hold about 6.08% of the company’s shares, while institutions hold 103.80% stake in the company. Shares short for CZR as of 1732838400 were 15399192 with a Short Ratio of 4.05, compared to 1730332800 on 14567621. Therefore, it implies a Short% of Shares Outstanding of 15399192 and a Short% of Float of 8.2200006.
