Caesars Entertainment Inc (CZR) concluded trading on Wednesday at a closing price of $31.98, with 4.43 million shares of worth about $141.6 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.65% during that period and on January 08, 2025 the price saw a loss of about -3.24%. Currently the company’s common shares owned by public are about 212.48M shares, out of which, 199.50M shares are available for trading.
Stock saw a price change of -4.31% in past 5 days and over the past one month there was a price change of -14.95%. Year-to-date (YTD), CZR shares are showing a performance of -4.31% which decreased to -30.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $31.66 but also hit the highest price of $47.99 during that period. The average intraday trading volume for Caesars Entertainment Inc shares is 3.89 million. The stock is currently trading -6.45% below its 20-day simple moving average (SMA20), while that difference is down -14.06% for SMA50 and it goes to -16.24% lower than SMA200.
Caesars Entertainment Inc (NASDAQ: CZR) currently have 212.48M outstanding shares and institutions hold larger chunk of about 103.76% of that.
The stock has a current market capitalization of $6.80B and its 3Y-monthly beta is at 2.90. It has posted earnings per share of -$1.67 in the same period. It has Quick Ratio of 0.82 while making debt-to-equity ratio of 6.08. 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 4.69% while standing at 4.05% over the month.
Stock’s fiscal year EPS is expected to drop by -137.76% while it is estimated to increase by 182.30% in next year. EPS is likely to shrink at an annualized rate of -12.45% for next 5-years, compared to annual growth of 24.50% made by the stock over the past 5-years.
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.
