Investors may find better financial performance in Caesars Entertainment Inc (CZR)

A share price of Caesars Entertainment Inc [CZR] is currently trading at $43.98, up 2.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The CZR shares have gain 5.11% over the last week, with a monthly amount glided 4.39%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Caesars Entertainment Inc [NASDAQ: CZR] stock has seen the most recent analyst activity on January 09, 2024, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $65. Previously, CapitalOne started tracking the stock with Equal Weight rating on October 12, 2023, and set its price target to $51. On May 25, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $39 on the stock. Stifel reiterated its Buy rating and increased its price target to $68 on January 24, 2023. BofA Securities downgraded its rating to a Neutral and reduced its price target to $55 on December 14, 2022. Morgan Stanley started tracking with a Equal-Weight rating for this stock on November 21, 2022, and assigned it a price target of $51. In a note dated July 20, 2022, Susquehanna initiated an Neutral rating and provided a target price of $32 on this stock.

Caesars Entertainment Inc experienced fluctuations in its stock price throughout the past year between $38.33 and $60.27. Currently, Wall Street analysts expect the stock to reach $88.4 within the next 12 months. Caesars Entertainment Inc [NASDAQ: CZR] shares were valued at $43.98 at the most recent close of the market. An investor can expect a potential return of 101.0% based on the average CZR price forecast.

Analyzing the CZR fundamentals

Trailing Twelve Months sales for Caesars Entertainment Inc [NASDAQ:CZR] were 11.53B which represents 0.14% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.18 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.51.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.33 points at the first support level, and at 42.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.32, and for the 2nd resistance point, it is at 44.66.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Caesars Entertainment Inc [NASDAQ:CZR] is 0.76. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.83, the price to book ratio is 2.08 and price to earnings (TTM) ratio is 12.03.

Transactions by insiders

Recent insider trading involved Pegram Michael E, Director, that happened on Mar 06 ’24 when 15000.0 shares were purchased. Director, Pegram Michael E completed a deal on Nov 10 ’23 to buy 15000.0 shares. Meanwhile, CAO & Chief Admin. Officer Lepori Stephanie sold 33282.0 shares on Aug 25 ’23.

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