15.1 C
New York
Friday, September 29, 2023

It’s Not Over Yet For Caesars Entertainment Inc. (NASDAQ: CZR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Caesars Entertainment Inc. (CZR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.06, or -0.11%, to $55.69. The Caesars Entertainment Inc. has recorded 30,732 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Caesars Sportsbook Launches for Registration in Kentucky.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Stocks Info

Caesars Entertainment Inc. is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Resorts & Casinos industry. At the end of the last regular session, the stock closed at $55.75 and fluctuated between $56.29 as its day high and $55.13 as its day low. The current market capitalization of Caesars Entertainment Inc. is $11.90B. A total of 1.95 million shares were traded on the day, compared to an average of 2.64M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CZR has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 8,241 and the disposition of 0 shares. Over the last 12 months, there were 41 BUYs and 28 SELLs from insiders. Insiders purchased 437,998 shares during that period but sold 121,374.

In the most recent transaction, Lepori Stephanie sold 33,282 shares of CZR for 51.70 per share on Aug 25. After the transaction, the CAO & Chief Admin. Officer now owns 41,910 company shares. In a previous transaction on Jun 14, Reeg Thomas bought 7,500 shares at 49.43 per share. CZR shares that Chief Executive Officer owns now total 17,500.

Among the insiders who bought shares, Pegram Michael E acquired of 25,000 shares on May 05 at a per-share price of $45.02. This resulted in the Director holding 121,697 shares of CZR after the transaction. In another insider transaction, Pegram Michael E bought 25,000 shares at $44.74 per share on Nov 04. Company shares held by the Director now total 96,697.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CZR in the last 3 months, the mean price target is $73.07 with high estimates of $111.00 and low estimates of $49.00. In terms of 52-week highs and lows, CZR has a high of $60.27 and a low of $31.31.

As of this writing, CZR has an earnings estimate of $0.3 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $0.61 per share and a lower estimate of $0.11. The company reported an EPS of -$0.63 in the last quarter, which was -6,200.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CZR’s latest balance sheet shows that the firm has $1.07B in Cash & Short Term Investments as of fiscal 2021. There were $26.27B in debt and $5.30B in liabilities at the time. Its Book Value Per Share was $21.14, while its Total Shareholder’s Equity was $4.54B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CZR is Buy with a score of 4.50.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles