Caesars Entertainment, Inc. (CZR)
36.18 USD -1.12 (-3.00%) Volume: 5.22M
Caesars Entertainment, Inc.’s stock price stands at 36.18 USD, witnessing a decline of -3.00% this trading session with a trading volume of 5.22M. Year-to-date, the stock price has experienced a significant decrease of -22.82%, indicating a tumultuous performance for CZR.
Latest developments on Caesars Entertainment, Inc.
Caesars Entertainment Inc (CZR) has been active in reshaping its business landscape, reflected in its recent stock price movements. A director’s purchase of 1,457,734 in shares and a further insider buying of shares worth $1.5M, including a significant investment by Michael Pegram, have added investor confidence. The company also successfully dismissed a price-fixing lawsuit and is making strides in expanding its gaming offerings, with the groundbreaking of a new sportsbook at Monmouth Park and the launch of a live casino game in Michigan. Furthermore, an updated $750 million agreement with Danville City Council points to promising developments for Caesars Casino. However, potential challenges lie ahead, including a planned strike by culinary members at a Las Vegas hotel and ongoing cyber threats from Scattered Spider hackers.
A look at Caesars Entertainment, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Caesars Entertainment has a promising long-term outlook, with high scores in value and growth according to Smartkarma Smart Scores. The company scored well in the value category, indicating that it offers good value for investors. Additionally, its growth score is also high, suggesting potential for future expansion and profitability. However, Caesars Entertainment scored lower in resilience, indicating some vulnerabilities that could impact its long-term performance.
On the other hand, Caesars Entertainment received a low score in the dividend category, signaling that it may not be a strong option for investors seeking regular dividend payouts. Its momentum score is moderate, reflecting a steady but not exceptional performance in the market. Overall, Caesars Entertainment’s strong value and growth scores point to a positive outlook for the company’s future despite some areas of concern.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
