Caesars Entertainment Corporation (NASDAQ:CZR) went up by 2.72% from its latest closing price when compared to the 1-year high value of $14.73 and move down -22.04%, while CZR stocks collected -0.17% of loss with the last five trading sessions. MarketWatch.com reported 4 hours ago that Las Vegas workers sue, saying casinos failed to protect them from coronavirus
Caesars Entertainment Corporation (NASDAQ:CZR) Worth an Investment?
Caesars Entertainment Corporation (NASDAQ: CZR) The 36 Months beta value for CZR stocks is at 1.91, while of the analysts out of 0 who provided ratings for Caesars Entertainment Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $11.75 which is -$0.11 below current price. CZR currently has a short float of 10.22% and public float of 678.31M with average trading volume of 15.57M shares.
CZR Market Performance
CZR stocks went down by -0.17% for the week, with the monthly jump of 5.97% and a quarterly performance of 88.01%, while its annual performance rate touched 2.12%. The simple moving average for the period of the last 20 days is 1.02% for CZR stocks with the simple moving average of 4.74% for the last 200 days.
Analysts’ Opinion on Caesars Entertainment Corporation (NASDAQ:CZR)
Many brokerage firms have already submitted their reports for CZR stocks, with SunTrust repeating the rating for CZR shares by setting it to “Buy”. The predicted price for CZR socks in the upcoming period according to SunTrust is $10 based on the research report published on April 17, 2020.
Nomura, on the other hand, stated in their research note that they expect to see CZR stock at the price of $12. The rating they have provided for CZR stocks is “Neutral” according to the report published on June 25, 2019.
Credit Suisse gave “Outperform” rating to CZR stocks, setting the target price at $13 in the report published on March 20, 2019.
CZR Stocks 13.47% Far from 50 Day Moving Average
After a stumble in the market that brought CZR to its low price for the period of the last 52 weeks, Caesars Entertainment Corporation was unable to take a rebound, for now settling with -18.09% of loss for the given period.
The stock volatility was left at 3.23%, however, within the period of a single month, the volatility rate increased by 3.35%, while the shares surge at the distance of +5.14% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +48.46% upper at the present time.
In the course of the last 5 trading sessions, CZR went down by -0.17%, which changed the moving average for the period of 200 days to the total of +1.77% of gains for the stock in comparison to the 20-day moving average settled at $11.98. In addition, Caesars Entertainment Corporation saw -11.25% in overturn over the period of a single year with a tendency to cut further losses.
CZR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Caesars Entertainment Corporation (CZR), starting from Benninger Thomas M., who sold 9,000 shares at the price of $13.10 back on Nov 25. After this action, Rushing now owns 32,000 shares of Caesars Entertainment Corporation, valued at $117,900 with the latest closing price.
Broome Richard D, the EVP Communications-Gov Rltns of Caesars Entertainment Corporation, sold 118,668 shares at the value of $13.02 during a trade that took place back on Nov 21, which means that Broome Richard D is holding 131,883 shares at the value of $1,545,212 based on the most recent closing price.
CZR Stock Fundamentals
The current profitability levels are settled at +12.42 for the present operating margin and +38.88 for gross margin. The net margin for Caesars Entertainment Corporation stands at -13.67. Total capital return value is set at 4.95, while invested capital returns managed to touch -5.52. Equity return holds the value -33.20%, with -3.10% for asset returns.
Based on Caesars Entertainment Corporation (CZR), the company’s capital structure generated 903.05 points for debt to equity in total, while total debt to capital is set at the value of 90.03. Total debt to assets is settled at the value of 75.93 with long-term debt to equity ratio rests at 0.78 and long-term debt to capital is 895.96.
The value for Enterprise to Sales is 3.05 with debt to enterprise value settled at 0.72. The receivables turnover for Caesars Entertainment Corporation is 18.58 with the total asset turnover at the value of 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.