Caesars Entertainment Inc (CZR) concluded trading on Wednesday at a closing price of $34.21, with 4.7 million shares of worth about $160.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.22% during that period and on July 24, 2024 the price saw a loss of about -6.99%. Currently the company’s common shares owned by public are about 215.44M shares, out of which, 206.16M shares are available for trading.
Stock saw a price change of -11.14% in past 5 days and over the past one month there was a price change of -12.26%. Year-to-date (YTD), CZR shares are showing a performance of -27.03% which decreased to -40.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $31.74 but also hit the highest price of $60.27 during that period. The average intraday trading volume for Caesars Entertainment Inc shares is 4.77 million. The stock is currently trading -9.85% below its 20-day simple moving average (SMA20), while that difference is down -6.82% for SMA50 and it goes to -17.28% lower than SMA200.
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Caesars Entertainment Inc (NASDAQ: CZR) currently have 215.44M outstanding shares and institutions hold larger chunk of about 97.69% of that.
The stock has a current market capitalization of $7.40B and its 3Y-monthly beta is at 2.98. PE ratio of stock for trailing 12 months is 9.62, while it has posted earnings per share of $3.56 in the same period. It has Quick Ratio of 0.67 while making debt-to-equity ratio of 5.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CZR, volatility over the week remained 4.57% while standing at 3.91% over the month.
Stock’s fiscal year EPS is expected to drop by -102.93% while it is estimated to increase by 1727.74% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on July 15, 2024 offering a Negative rating for the stock and assigned a target price of $33 to it. Coverage by Raymond James stated Caesars Entertainment Inc (CZR) stock as a Strong buy in their note to investors on May 21, 2024, suggesting a price target of $55 for the stock. On May 09, 2024, B. Riley Securities Resumed their recommendations, while on January 09, 2024, JMP Securities Initiated their ratings for the stock with a price target of $65. Stock get an Equal weight rating from CapitalOne on October 12, 2023.
