Near term Outlook For Caesars Entertainment Corporation (NASDAQ:CZR)


Caesars Entertainment Corporation (NASDAQ:CZR) closed its last session at $12.8. The stock traded within a range of $12.13 and $12.90. The company operates in the Consumer Cyclical sector with a market capitalization of 9.34 Million. Trading volume for Caesars Entertainment Corporation was 5.93 Million in its previous trading session. Currently, Caesars Entertainment Corporation (NASDAQ:CZR) has an average volume of 8.63 Million.

Company Profile

Caesars Entertainment Corporation is a gaming company engaged in providing casino entertainment services. The Company operates casino resorts on multiple continents and its casino entertainment facilities include land-based casinos, riverboat or dockside casinos, managed casinos, combination greyhound racetrack and casino, combination thoroughbred racetrack and casino, and harness racetrack and casino, hotel and convention space, restaurants, and non-gaming entertainment facilities. Its resorts operate primarily under the Harrah’s(TM), Caesars(TM) and Horseshoe(TM) brand names. Caesars Entertainment Corporation is based in Las Vegas, Nevada.

Analyst Views

Caesars Entertainment Corporation (NASDAQ:CZR) received a Buy rating from 1 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Caesars Entertainment Corporation (NASDAQ:CZR) touched its 1-Year High price of $14.50 on 02/01/18 and its 1-Year Low price of $ 8.50 on 03/27/17.

EPS & Financials

Caesars Entertainment Corporation (NASDAQ:CZR) reported its EPS in the last quarter as $-3.14/Share lagging the analyst estimate of $0.72/Share by a difference of $-3.86. This showed a surprise of -536.1% in the last quarter earnings.

For the current quarter, 2 analysts are projecting a mean EPS of $-0.01/share. According to their observations and findings, the stock could provide a high EPS of $0/share and a low EPS of $-0.02/share.

Analysts believe that the company has the potential to earn average revenue of $2.01 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.09 Billion and 1.94 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Caesars Entertainment Corporation (NASDAQ:CZR) has a 20-Day average volume of 7.25 Million. According to today’s trading volume Caesars Entertainment Corporation is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 1 Percent and Institutional ownership of 31.1 Percent. The return on assets stands at -20.4%, Return on Equity currently is 67.8% and the Return on Investment value is -151%.

Caesars Entertainment Corporation (NASDAQ:CZR) gross margin percentage stands at 55.2% while its operating margin for the past trailing twelve month is -57.5 percent and its overall profit margin (ttm) is -76.8 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -5.43% with a 50-Day Simple Moving Average of -1.81 percent. As of today, the company has a SMA200 (200-day simple moving average) of 3.26 Percent. The Stock has YTD (year to date) performance of 1.19 percent.

The TTM operating margin for the company stands at -57.5%. The return on invested capital is at -151%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 3.26%, and has a solid year to date (YTD) performance of 1.19% which means that the stock is constantly adding to its value from the previous fiscal year end price.