On Monday, Caesars Entertainment Inc (NASDAQ: CZR) opened higher 0.21% from the last session, before settling in for the closing price of $32.82. Price fluctuations for CZR have ranged from $31.74 to $48.57 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 49.97%. Company’s average yearly earnings per share was noted -135.68% at the time writing. 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
A key investor’s attitude towards the stock of the Resorts & Casinos industry is another important factor to consider. The insider ownership of Caesars Entertainment Inc is 6.08%, while institutional ownership is 103.79%. 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 -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -135.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.45% 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
Check out the current performance indicators for Caesars Entertainment Inc (CZR). In the past quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
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 1.22 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 6.3 million, which is a jump from its year-to-date volume of 4.16 million. As of the previous 9 days, the stock’s Stochastic %D was 3.94%. Additionally, its Average True Range was 1.46.
During the past 100 days, Caesars Entertainment Inc’s (CZR) raw stochastic average was set at 3.48%, which indicates a significant decrease from 6.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.92% in the past 14 days, which was lower than the 40.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.51, while its 200-day Moving Average is $38.58. However, in the short run, Caesars Entertainment Inc’s stock first resistance to watch stands at $33.35. Second resistance stands at $33.80. The third major resistance level sits at $34.27. If the price goes on to break the first support level at $32.43, it is likely to go to the next support level at $31.96. Should the price break the second support level, the third support level stands at $31.51.
Caesars Entertainment Inc (NASDAQ: CZR) Key Stats
There are currently 212,480K shares outstanding in the company with a market cap of 6.99 billion. Presently, the company’s annual sales total 11,528 M according to its annual income of 786,000 K. Last quarter, the company’s sales amounted to 2,874 M and its income totaled -9,000 K.
