For its second fiscal quarter (ending June 30), Caesars Entertainment Inc (NASDAQ: CZR) has reported E.P.S. of $-0.56 compared to $4.27 a year ago. For the latest four quarters through June 30, E.P.S. were $-1.29 compared to $3.19 a year ago.
Recent Price Action
Caesars Entertainment Inc (NASDAQ: CZR) stock increased 1.0% on 7/30/24. The shares closed at $36.90. Moreover, unusually high trading volume at 156% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 1.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CZR is expected to continue to be an important Value Builder.
Caesars Entertainment has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Caesars Entertainment has a neutral Appreciation Score of 54 but a very low Power Rating of 10, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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