Caesars Entertainment Inc (NASDAQ: CZR) kicked off on Friday, down -2.12% from the previous trading day, before settling in for the closing price of $37.81. Over the past 52 weeks, CZR has traded in a range of $31.74-$50.51.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 49.97%. While this was happening, its average annual earnings per share was recorded -135.73%. With a float of $199.56 million, this company’s outstanding shares have now reached $212.48 million.
Let’s determine the extent of company efficiency that accounts for 51000 employees. In terms of profitability, gross margin is 46.25%, operating margin of 20.48%, and the pretax margin is -1.84%.
Caesars Entertainment Inc (CZR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of Caesars Entertainment Inc is 6.08%, while institutional ownership is 103.81%. The most recent insider transaction that took place on Aug 06 ’24, was worth 24,075. In this transaction Director of this company sold 693 shares at a rate of $34.74, taking the stock ownership to the 37,650 shares. Before that another transaction happened on May 31 ’24, when Company’s Director sold 10,000 for $32.52, making the entire transaction worth $325,207. This insider now owns 350 shares in total.
Caesars Entertainment Inc (CZR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -135.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.59% during the next five years compared to 24.50% growth over the previous five years of trading.
Caesars Entertainment Inc (NASDAQ: CZR) Trading Performance Indicators
Take a look at Caesars Entertainment Inc’s (CZR) current performance indicators. Last quarter, stock had a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.67, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 1.25 in one year’s time.
Technical Analysis of Caesars Entertainment Inc (CZR)
Looking closely at Caesars Entertainment Inc (NASDAQ: CZR), its last 5-days average volume was 3.75 million, which is a drop from its year-to-date volume of 4.11 million. As of the previous 9 days, the stock’s Stochastic %D was 38.35%. Additionally, its Average True Range was 1.43.
During the past 100 days, Caesars Entertainment Inc’s (CZR) raw stochastic average was set at 33.83%, which indicates a significant increase from 26.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.35% in the past 14 days, which was lower than the 43.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.70, while its 200-day Moving Average is $38.81. However, in the short run, Caesars Entertainment Inc’s stock first resistance to watch stands at $37.99. Second resistance stands at $38.96. The third major resistance level sits at $39.57. If the price goes on to break the first support level at $36.40, it is likely to go to the next support level at $35.79. Should the price break the second support level, the third support level stands at $34.82.
Caesars Entertainment Inc (NASDAQ: CZR) Key Stats
The company with the Market Capitalisation of 7.70 billion has total of 212,480K Shares Outstanding. Its annual sales at the moment are 11,528 M in contrast with the sum of 786,000 K annual income. Company’s last quarter sales were recorded 2,874 M and last quarter income was -9,000 K.
