At the time of writing, Caesars Entertainment Inc [CZR] stock is trading at $39.77, up 1.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CZR shares have gain 8.04% over the last week, with a monthly amount glided 4.96%, 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 July 15, 2024, when Susquehanna downgraded its rating to a Negative but kept the price target unchanged to $33 for it. Previously, Raymond James started tracking the stock with Strong Buy rating on May 21, 2024, and set its price target to $55. JMP Securities started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $65 on January 09, 2024. CapitalOne initiated its recommendation with a Equal Weight and recommended $51 as its price target on October 12, 2023. Susquehanna upgraded its rating to Neutral for this stock on May 25, 2023, and upped its price target to $39. In a note dated January 24, 2023, Stifel reiterated an Buy rating on this stock and boosted its target price from $63 to $68.
For the past year, the stock price of Caesars Entertainment Inc fluctuated between $31.74 and $60.27. Currently, Wall Street analysts expect the stock to reach $79.75 within the next 12 months. Caesars Entertainment Inc [NASDAQ: CZR] shares were valued at $39.77 at the most recent close of the market. An investor can expect a potential return of 100.53% based on the average CZR price forecast.
Analyzing the CZR fundamentals
According to Caesars Entertainment Inc [NASDAQ:CZR], the company’s sales were 11.44B for trailing twelve months, which represents an -3.11% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.0%, 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 0.17 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 2.78.
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 38.74 points at the first support level, and at 37.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.38, and for the 2nd resistance point, it is at 41.00.
Ratios To Look Out For
It is important to note that Caesars Entertainment Inc [NASDAQ:CZR] has a current ratio of 0.69. As well, the Quick Ratio is 0.67, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.95 and price to earnings (TTM) ratio is 11.18.
Transactions by insiders
Recent insider trading involved Biumi Bonnie, Director, that happened on May 31 ’24 when 1000.0 shares were purchased. Director, FAHRENKOPF FRANK J JR completed a deal on May 31 ’24 to sell 10000.0 shares. Meanwhile, Director Pegram Michael E bought 10000.0 shares on May 29 ’24.
