Caesars Entertainment Inc (NASDAQ:CZR) price on Thursday, May 01, rose 0.52% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $27.20.
A look at the stock’s price movement, the close in the last trading session was $27.06, moving within a range at $26.65 and $28.025. The beta value (5-Year monthly) was 2.675. Turning to its 52-week performance, $45.93 and $21.40 were the 52-week high and 52-week low respectively. Overall, CZR moved 9.54% over the past month.
Caesars Entertainment Inc’s market cap currently stands at around $5.66 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-28.
Analysts have a consensus estimate of 2.86B for the company’s revenue for the quarter, with a low and high estimate of 2.8B and 2.91B respectively. The average forecast suggests up to a 0.93% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 11.49B, representing a 2.21% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CZR is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
17 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 11 recommend CZR as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CZR’s current price about 5.11% and -2.93% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.42, while 7-day volatility ratio is 4.79% and 6.66% in the 30-day chart. Further, Caesars Entertainment Inc (CZR) has a beta value of 2.51, and an average true range (ATR) of 1.53. Analysts have given the company’s stock an average 52-week price target of $36.5, forecast between a low of $30 and high of $43. Looking at the price targets, the low is -10.29% off current price level while to achieve the yearly target high, price needs to move -58.09%. Nonetheless, investors will most likely welcome a -34.19% jump to $36.5 which is the analysts’ median price.
If we refocus on Caesars Entertainment Inc (NASDAQ:CZR), historical trading data shows that trading volumes averaged 7.04 over the past 10 days and 5.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 212.00 million shares.
The 6.25% of Caesars Entertainment Inc’s shares are in the hands of company insiders while institutional holders own 105.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 27.53 million on 2025-04-15, giving us a short ratio of 4.26. The data shows that as of 2025-04-15 short interest in Caesars Entertainment Inc (CZR) stood at 1472.0 of shares outstanding, with shares short rising to 23.89 million registered in 2025-03-14. Current price change has pushed the stock -18.61% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CZR stock continues to rise going into the next quarter.
