Caesars Entertainment Inc [NASDAQ: CZR] traded at a low on Tuesday, posting a -0.22 loss after which it closed the day’ session at $35.49.
The results of the trading session contributed to over 4754792 shares changing hands. Over the past one week, the price volatility of Caesars Entertainment Inc stands at 2.92% while the volatility over the past one month is 2.90%.
The market cap for CZR stock reached $7.54 billion, with 212.48 million shares outstanding and 199.08 million shares in the current float. Compared to the average trading volume of 4.13M shares, CZR reached a trading volume of 4754792 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 Inc [CZR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CZR shares is $49.50 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 1.83. 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.
Susquehanna have made an estimate for Caesars Entertainment Inc shares, keeping their opinion on the stock as Negative, with their previous recommendation back on July 15, 2024. While these analysts kept the previous recommendation, Raymond James raised their target price to Strong Buy. The new note on the price target was released on May 21, 2024, representing the official price target for Caesars Entertainment Inc stock. Previously, the target price had yet another raise to $70, while B. Riley Securities analysts kept a Buy rating on CZR stock.
The Average True Range (ATR) for Caesars Entertainment Inc is set at 1.10, with the Price to Sales ratio for CZR stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 1.80, with the Price to Cash per share for the same quarter was set at 4.25.
How has CZR stock performed recently?
Caesars Entertainment Inc [CZR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.77. With this latest performance, CZR shares gained by 12.92% in over the last four-week period, additionally sinking by -0.06% over the last 6 months – not to mention a drop of -19.80% 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 53.17, with the RSI for the last a single of trading hit 52.98, and the three-weeks RSI is set at 51.01 for Caesars Entertainment Inc [CZR]. The present Moving Average for the last 50 days of trading for this stock 35.05, while it was recorded at 35.90 for the last single week of trading, and 37.47 for the last 200 days.
Caesars Entertainment Inc [CZR]: Deeper insight into the fundamentals
Caesars Entertainment Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.82 and a Current Ratio set at 0.84.
Earnings analysis for Caesars Entertainment Inc [CZR]
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 -19.53%.
Insider trade positions for Caesars Entertainment Inc [CZR]
There are presently around $105.90%, or 106.89%% of CZR stock, in the hands of institutional investors. The top three institutional holders of CZR stocks are: VANGUARD GROUP INC with ownership of 23.59 million shares, which is approximately 10.9226%. BLACKROCK INC., holding 16.8 million shares of the stock with an approximate value of $$667.45 million in CZR stocks shares; and BLACKROCK INC., currently with $$664.42 million in CZR stock with ownership which is approximately 7.7407%.
