Caesars Entertainment Corporation [NASDAQ: CZR] traded at a low on 06/10/20, posting a -2.06 loss after which it closed the day’ session at $11.89. The results of the trading session contributed to over 11051225 shares changing hands. Over the past one week, the price volatility of Caesars Entertainment Corporation stands at 3.42% while the volatility over the past one month is 3.50%.
The market cap for CZR stock reached $8.12 billion, with 682.00 million shares outstanding and 677.96 million shares in the current float. Compared to the average trading volume of 19.06M shares, CZR reached a trading volume of 11051225 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Caesars Entertainment Corporation [CZR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CZR shares is $11.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CZR stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
SunTrust have made an estimate for Caesars Entertainment Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 17, 2020. The new note on the price target was released on June 25, 2019, representing the official price target for Caesars Entertainment Corporation stock. Previously, the target price had yet another raise to $13, while Credit Suisse analysts kept a Outperform rating on CZR stock.
The Average True Range (ATR) for Caesars Entertainment Corporation is set at 0.40, with the Price to Sales ratio for CZR stock in the period of the last 12 months amounting to 0.96. The Price to Book ratio for the last quarter was 3.59, with the Price to Cash per share for the same quarter was set at 3.92.
How has CZR stock performed recently?
Caesars Entertainment Corporation [CZR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.11. With this latest performance, CZR shares gained by 22.96% in over the last four-week period, additionally sinking by -8.33% over the last 6 months – not to mention a rise of 22.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CZR stock in for the last two-week period is set at 68.35, with the RSI for the last a single of trading hit 63.66, and the three-weeks RSI is set at 64.53 for Caesars Entertainment Corporation [CZR]. The present Moving Average for the last 50 days of trading for this stock 9.51, while it was recorded at 12.16 for the last single week of trading, and 11.50 for the last 200 days.
Caesars Entertainment Corporation [CZR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Caesars Entertainment Corporation [CZR] shares currently have an operating margin of +12.42 and a Gross Margin at +38.88. Caesars Entertainment Corporation’s Net Margin is presently recorded at -13.67.
Return on Total Capital for CZR is now 4.95, given the latest momentum, and Return on Invested Capital for the company is -5.52. Return on Equity for this stock declined to -44.42, with Return on Assets sitting at -4.68. When it comes to the capital structure of this company, Caesars Entertainment Corporation [CZR] has a Total Debt to Total Equity ratio set at 903.05. Additionally, CZR Total Debt to Total Capital is recorded at 90.03, with Total Debt to Total Assets ending up at 75.93. Long-Term Debt to Equity for the company is recorded at 895.96, with the Long-Term Debt to Total Capital now at 89.32.
Reflecting on the efficiency of the workforce at the company, Caesars Entertainment Corporation [CZR] managed to generate an average of -$18,672 per employee. Receivables Turnover for the company is 18.58 with a Total Asset Turnover recorded at a value of 0.34.Caesars Entertainment Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
Earnings analysis for Caesars Entertainment Corporation [CZR]
With the latest financial reports released by the company, Caesars Entertainment Corporation posted -0.47/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1,466.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CZR.
Insider trade positions for Caesars Entertainment Corporation [CZR]
There are presently around $8,702 million, in the hands of institutional investors. The top three institutional holders of CZR stocks are: ICAHN CARL C with ownership of 114,250,942, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 51,433,519 shares of the stock with an approximate value of $624.4 million in CZR stocks shares; and BLACKROCK INC., currently with $580.85 million in CZR stock with ownership of nearly -7.119% of the company’s market capitalization.
Positions in Caesars Entertainment Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 140 institutional holders increased their position in Caesars Entertainment Corporation [NASDAQ:CZR] by around 127,663,637 shares. Additionally, 151 investors decreased positions by around 142,569,569 shares, while 45 investors held positions by with 446,540,287 shares. The mentioned changes placed institutional holdings at 716,773,493 shares, according to the latest SEC report filing. CZR stock had 51 new institutional investments in for a total of 48,178,435 shares, while 74 institutional investors sold positions of 43,658,126 shares during the same period.