Caesars Entertainment Inc (NASDAQ:CZR) shares traded -3.41% lower at $28.6 on Wall Street last session.
CZR stock price is now 3.94% away from the 50-day moving average and -15.33% away from the 200-day moving average. The market capitalization of the company currently stands at $5.95B.
With the price target of $47, JP Morgan recently initiated with Overweight rating for Caesars Entertainment Inc (NASDAQ: CZR). On April 03, 2025, CapitalOne Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock reducing its target price from $51 to quote $47, while ‘Susquehanna’ rates the stock as ‘Neutral’
In other news, KORNSTEIN DON R, Director bought 4,000 shares of the company’s stock on Mar 07 ’25. The stock was bought for $108,000 at an average price of $27.00. Upon completion of the transaction, the Director now directly owns 56,255 shares in the company, valued at $1.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Director TOMICK DAVID P bought 1,850 shares of the business’s stock. A total of $61,716 was incurred on buying the stock at an average price of $33.36. This leaves the insider owning 37,392 shares of the company worth $1.07 million. A total of 6.22% of the company’s stock is owned by insiders.
During the past 12 months, Caesars Entertainment Inc has had a low of $21.40 and a high of $45.93. As of last week, the company has a debt-to-equity ratio of 6.19, a current ratio of 0.84, and a quick ratio of 0.82. The fifty day moving average price for CZR is $27.5165 and a two-hundred day moving average price translates $33.780025 for the stock.
The latest earnings results from Caesars Entertainment Inc (NASDAQ: CZR) was released for 2025-03-31. The net profit margin was -2.08% and return on equity was -5.56% for CZR. The company reported revenue of $2.79 billion for the quarter, compared to $2.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.9 percent. For the current quarter, analysts expect CZR to generate $2.85B in revenue.
