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Caesars Entertainment Inc (NASDAQ: CZR) closed the day trading at $34.56 down -0.89% from the previous closing price of $34.87. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 6.31 million shares were traded.
Ratios:
For a better understanding of CZR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 6.20 whereas as Long-Term Debt/Eq ratio is at 6.17.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.76.
Stock Price History:
Over the past 52 weeks, CZR has reached a high of $45.93, while it has fallen to a 52-week low of $30.78. The 50-Day Moving Average of the stock is -0.85%, while the 200-Day Moving Average is calculated to be -7.83%.
Shares Statistics:
A total of 211.33M shares are outstanding, with a floating share count of 199.31M. Insiders hold about 6.20% of the company’s shares, while institutions hold 102.52% stake in the company.
Earnings Estimates
A detailed examination of Caesars Entertainment Inc (CZR) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.36, with high estimates of $0.43 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.38 and $1.17 for the fiscal current year, implying an average EPS of $1.25. EPS for the following year is $2.24, with 4.0 analysts recommending between $2.43 and $1.79.
Revenue Estimates
13 analysts predict $2.83B in revenue for the current quarter. It ranges from a high estimate of $2.92B to a low estimate of $2.76B. As of the current estimate, Caesars Entertainment Inc’s year-ago sales were $2.74BFor the next quarter, 13 analysts are estimating revenue of $2.9B. There is a high estimate of $2.95B for the next quarter, whereas the lowest estimate is $2.86B.
A total of 16 analysts have provided revenue estimates for CZR’s current fiscal year. The highest revenue estimate was $11.8B, while the lowest revenue estimate was $11.35B, resulting in an average revenue estimate of $11.63B. In the same quarter a year ago, actual revenue was $11.24BBased on 14 analysts’ estimates, the company’s revenue will be $11.92B in the next fiscal year. The high estimate is $12.23B and the low estimate is $11.37B.
