Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Caesars Entertainment Inc’s stock clocked out at $38.52, down -2.33% from its previous closing price of $39.44. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 2.96 million shares were traded. CZR stock price reached its highest trading level at $39.8 during the session, while it also had its lowest trading level at $38.5.
Ratios:
To gain a deeper understanding of CZR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 5.67 whereas as Long-Term Debt/Eq ratio is at 5.65.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on January 09, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $65.
On October 12, 2023, CapitalOne started tracking the stock assigning a Equal Weight rating and target price of $51.
Susquehanna Upgraded its Negative to Neutral on May 25, 2023, whereas the target price for the stock was revised from $27 to $39.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Pegram Michael E bought 15,000 shares for $41.45 per share. The transaction valued at 621,750 led to the insider holds 151,697 shares of the business.
Pegram Michael E bought 15,000 shares of CZR for $628,562 on Nov 10 ’23. The Director now owns 136,697 shares after completing the transaction at $41.90 per share. On Aug 25 ’23, another insider, Lepori Stephanie, who serves as the CAO & Chief Admin. Officer of the company, sold 33,282 shares for $51.70 each. As a result, the insider received 1,720,823 and left with 41,910 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 8331876352 and an Enterprise Value of 33293867008. As of this moment, Caesars’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.54, and their Forward P/E ratio for the next fiscal year is 16.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 2.888 whereas that against EBITDA is 8.727.
Stock Price History:
Over the past 52 weeks, CZR has reached a high of $60.27, while it has fallen to a 52-week low of $38.33. The 50-Day Moving Average of the stock is -8.49%, while the 200-Day Moving Average is calculated to be -17.50%.
Shares Statistics:
It appears that CZR traded 3.23M shares on average per day over the past three months and 3030080 shares per day over the past ten days. A total of 215.44M shares are outstanding, with a floating share count of 206.10M. Insiders hold about 4.72% of the company’s shares, while institutions hold 92.50% stake in the company. Shares short for CZR as of 1711584000 were 12745894 with a Short Ratio of 3.95, compared to 1709164800 on 8668730. Therefore, it implies a Short% of Shares Outstanding of 12745894 and a Short% of Float of 6.6300004999999995.
Earnings Estimates
Investors are keenly observing as Caesars Entertainment, Inc. analysts analyze and rate the current performance of Caesars Entertainment Inc (CZR) in the stock market.The consensus estimate for the next quarter is $238.62, with high estimates of $107.29 and low estimates of $105.35.
Analysts are recommending an EPS of between $Financial Services and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.
