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Expert View: Caesars Entertainment Through the Eyes of 10 Analysts – Caesars Entertainment (NASDAQ:CZR)

Expert View: Caesars Entertainment Through the Eyes of 10 Analysts – Caesars Entertainment (NASDAQ:CZR)

Caesar Fun CZR As a result of the analyses made by 10 analysts in the last quarter, a wide range of perspectives emerged, from bullish to bearish.

The chart below provides a condensed view of their latest ratings, showcasing changing sentiment over the past 30 days and comparing them to previous months.

Bull A little bit of bull Indifferent A Little Bear Bear
Total Points 6 4 0 0 0
Last 30D one 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago one 0 0 0 0
3M First 4 4 0 0 0

In evaluating the 12-month price targets, analysts offer insights for Caesars Entertainment, offering an average price target of $57.0, a high estimate of $63.00 and a low estimate of $50.00. This current average is 9.05% lower than the previous average price target of $62.67.

Researching Analyst Ratings: A Detailed Study

Analysis of recent analyst actions sheds light on how Caesars Entertainment is perceived by financial experts. The summary below presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Evaluation Current Price Target Previous Price Target
David Katz jeffery It lowers To buy $62.00 $65.00
RJ Milligan Raymond James Announcements Strong Buying $55.00
Jordan Bandar JMP Securities It lowers Market Outperforms $60.00 $62.00
Lance Vitanza TD Cow It lowers To buy $50.00 $53.00
Daniel Politzer Wells Fargo It lowers Fat $54.00 $67.00
Steven Wieczynski Suppress It lowers To buy $54.00 $67.00
Barry Jonas Truist Securities It lowers To buy $52.00 $58.00
Barry Jonas Truist Securities It lowers To buy $58.00 $62.00
Brandt Montour Barclays It lowers Fat $63.00 $65.00
Jordan Bandar JMP Securities It lowers Market Outperforms $62.00 $65.00

Basic knowledge:

  • Action Taken: Analysts frequently update their recommendations based on changing market conditions and company performance. Their stance of ‘Hold,’ ‘Raise,’ or ‘Reduce’ reflects their reaction to recent developments regarding Caesars Entertainment. This information provides a snapshot of how analysts perceive the company’s current health.
  • Evaluation: Trend analysts provide qualitative ratings ranging from ‘Outperform’ to ‘Underperform.’ These ratings convey expectations for Caesars Entertainment’s relative performance compared to the broader market.
  • Price Targets: Analysts who understand forecasts offer estimates for the future value of Caesars Entertainment. Examining current and previous targets provides insight into analysts’ changing expectations.

Gain valuable insights into Caesars Entertainment’s market position by understanding these analyst ratings along with relevant financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Caesars Entertainment analyst ratings.

Take a look at Caesars Entertainment’s history

Caesars Entertainment includes approximately 50 local gaming properties in Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. The company also hosts managed properties and digital assets, the latter of which generated marginal EBITDA in 2023. Caesars’ U.S. presence nearly doubled with its 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence to more than 20 properties through previous acquisitions before merging with the former Caesars. Caesars’ brands include Caesars, Harrah’s, Tropicana, Bally’s, Isle and Flamingo. The company also owns the U.S. portion of William Hill, a digital sports betting platform (it sold its international operation in 2022).

Caesars Entertainment: An Introduction to Finances

Market Value Analysis: The company’s market value, which is above industry benchmarks, indicates a remarkable size that is indicative of a strong market presence.

Decrease in Income: Caesars Entertainment faced challenges that resulted in a decline of approximately 25% in the 3-month period. -3.11% In revenue growth as of March 31, 2024. This represents a decline in the company’s top-line earnings. Compared to others in the Consumer Discretionary sector, the company is facing challenges and is achieving a lower growth rate than the average among its peers.

Net Profit Margin: The company’s net profit margin remains below industry benchmarks, indicating potential challenges in achieving strong profitability. With net profit margin -5.76%, The company may need to cope with difficulties in effective cost control.

Return on Equity (ROE): Caesars Entertainment’s ROE falls below industry averages, indicating difficulties in using equity capital efficiently. -3.53%, The company may face obstacles in achieving optimum returns for shareholders.

Return on Assets (ROA): Caesars Entertainment’s ROA is below industry standards, indicating difficulties in using assets efficiently. With ROA -0.48%, The company may face difficulties in generating satisfactory returns on its assets.

Debt management: Caesars Entertainment’s debt-to-equity ratio is below the industry average. 2.78The company is becoming less reliant on debt financing and maintaining a healthier balance between debt and equity, which is being viewed positively by investors.

Analyst Ratings: What Are They?

In the banking and financial systems field, analysts specialize in reporting on specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements and communicating with insiders to issue “analyst ratings” for stocks. Analysts typically evaluate and rate each stock on a quarterly basis.

Some analysts will also offer estimates for metrics such as growth estimates, earnings, and revenue to provide further guidance on stocks. Investors using analyst ratings should remember that this particular advice comes from humans and can be prone to error.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.