Caesars Entertainment Inc. [NASDAQ: CZR] stock went on an upward path that rose over 1.54% on Monday, amounting to a one-week price decrease of less than -3.96%. The company report on July 12, 2021 that Backstreet Boys Return To Las Vegas For “A Very Backstreet Christmas Party”.
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Over the last 12 months, CZR stock rose by 144.96%. The one-year Caesars Entertainment Inc. stock forecast points to a potential upside of 21.48. The average equity rating for CZR stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $20.04 billion, with 208.00 million shares outstanding and 198.98 million shares in the current float. Compared to the average trading volume of 3.43M shares, CZR stock reached a trading volume of 1472084 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Caesars Entertainment Inc. [CZR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CZR shares is $125.25 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 2.10. 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.
Redburn have made an estimate for Caesars Entertainment Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 27, 2021. The new note on the price target was released on April 05, 2021, representing the official price target for Caesars Entertainment Inc. stock. Previously, the target price had yet another raise to $101, while JP Morgan analysts kept a Overweight rating on CZR stock.
The Average True Range (ATR) for Caesars Entertainment Inc. is set at 3.60, with the Price to Sales ratio for CZR stock in the period of the last 12 months amounting to 4.26. The Price to Book ratio for the last quarter was 4.43.
CZR Stock Performance Analysis:
Caesars Entertainment Inc. [CZR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.96. With this latest performance, CZR shares dropped by -11.71% in over the last four-week period, additionally plugging by 24.81% over the last 6 months – not to mention a rise of 144.96% 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 42.93, with the RSI for the last a single of trading hit 42.00, and the three-weeks RSI is set at 45.22 for Caesars Entertainment Inc. [CZR]. The present Moving Average for the last 50 days of trading for this stock 103.10, while it was recorded at 96.75 for the last single week of trading, and 82.28 for the last 200 days.
Insight into Caesars Entertainment Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Caesars Entertainment Inc. [CZR] shares currently have an operating margin of +1.32 and a Gross Margin at +32.33. Caesars Entertainment Inc.’s Net Margin is presently recorded at -50.58.
Return on Total Capital for CZR is now 0.25, given the latest momentum, and Return on Invested Capital for the company is -9.77. Return on Equity for this stock declined to -57.29, with Return on Assets sitting at -8.36. When it comes to the capital structure of this company, Caesars Entertainment Inc. [CZR] has a Total Debt to Total Equity ratio set at 528.06. Additionally, CZR Total Debt to Total Capital is recorded at 84.08, with Total Debt to Total Assets ending up at 72.80. Long-Term Debt to Equity for the company is recorded at 525.69, with the Long-Term Debt to Total Capital now at 83.70.
Reflecting on the efficiency of the workforce at the company, Caesars Entertainment Inc. [CZR] managed to generate an average of -$83,667 per employee. Receivables Turnover for the company is 15.80 with a Total Asset Turnover recorded at a value of 0.17.Caesars Entertainment Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.60 and a Current Ratio set at 2.60.
CZR Stock EPS
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Caesars Entertainment Inc. go to 27.50%.
Caesars Entertainment Inc. [CZR] Insider Position Details
There are presently around $19,435 million, or 96.30% of CZR stock, in the hands of institutional investors. The top three institutional holders of CZR stocks are: FMR LLC with ownership of 26,805,610, which is approximately 1.029% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 21,582,944 shares of the stock with an approximate value of $2.12 billion in CZR stocks shares; and BLACKROCK INC., currently with $1.92 billion in CZR stock with ownership of nearly -20.837% of the company’s market capitalization.
Positions in Caesars Entertainment Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 244 institutional holders increased their position in Caesars Entertainment Inc. [NASDAQ:CZR] by around 31,118,321 shares. Additionally, 190 investors decreased positions by around 32,523,180 shares, while 38 investors held positions by with 133,972,497 shares. The mentioned changes placed institutional holdings at 197,613,998 shares, according to the latest SEC report filing. CZR stock had 101 new institutional investments in for a total of 4,911,969 shares, while 49 institutional investors sold positions of 2,926,702 shares during the same period.