Caesars Entertainment Inc (NASDAQ: CZR)’s stock price has increased by 4.84 compared to its previous closing price of 37.60. However, the company has seen a 7.88% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-25 that Caesars Entertainment needs a recapitalization program, blending refinancing and potential property sell-offs, to address its $11.7 billion long-term debt. JPMorgan’s latest analyst focus list shows a 58% upside in the price target for CZR, highlighting its strong asset base. CZR’s 65 million-member rewards database provides stability against debt concerns, maintaining its position as a leader in the sector.
Is It Worth Investing in Caesars Entertainment Inc (NASDAQ: CZR) Right Now?
Additionally, the 36-month beta value for CZR is 2.91. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
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The public float for CZR is 202.00M and currently, short sellers hold a 7.21% ratio of that float. The average trading volume of CZR on November 26, 2024 was 4.14M shares.
CZR’s Market Performance
CZR’s stock has seen a 7.88% increase for the week, with a -10.77% drop in the past month and a 4.29% gain in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 3.53% for Caesars Entertainment Inc The simple moving average for the last 20 days is 0.05% for CZR stock, with a simple moving average of 0.82% for the last 200 days.
Analysts’ Opinion of CZR
Many brokerage firms have already submitted their reports for CZR stocks, with Susquehanna repeating the rating for CZR by listing it as a “Negative.” The predicted price for CZR in the upcoming period, according to Susquehanna is $33 based on the research report published on July 15, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see CZR reach a price target of $55. The rating they have provided for CZR stocks is “Strong Buy” according to the report published on May 21st, 2024.
B. Riley Securities gave a rating of “Buy” to CZR, setting the target price at $70 in the report published on May 09th of the current year.
CZR Trading at -5.29% from the 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, the company was unable to rebound, for now settling with -21.95% of loss for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares sank -13.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.03% lower at present.
During the last 5 trading sessions, CZR rose by +7.88%, which changed the moving average for the period of 200-days by -11.42% in comparison to the 20-day moving average, which settled at $39.40. In addition, Caesars Entertainment Inc saw -15.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CZR starting from MATHER COURTNEY, who sale 693 shares at the price of $34.74 back on Aug 06 ’24. After this action, MATHER COURTNEY now owns 37,650 shares of Caesars Entertainment Inc, valued at $24,075 using the latest closing price.
FAHRENKOPF FRANK J JR, the Director of Caesars Entertainment Inc, sale 10,000 shares at $32.52 during a trade that took place back on May 31 ’24, which means that FAHRENKOPF FRANK J JR is holding 350 shares at $325,207 based on the most recent closing price.
Stock Fundamentals for CZR
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.46 for the gross margin
The net margin for Caesars Entertainment Inc stands at -0.03. The total capital return value is set at 0.08. Equity return is now at value -8.22, with -1.09 for asset returns.
Based on Caesars Entertainment Inc (CZR), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 3.0. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 3.56 billion with net debt to EBITDA at 6.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.93. The receivables turnover for the company is 24.03for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.
Conclusion
In conclusion, Caesars Entertainment Inc (CZR) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
