Drilling Down Into Caesars Entertainment Corporation (CZR)

Caesars Entertainment Corporation (CZR) is an interesting player in the Services space, with a focus on Resorts & Casinos. The stock has been active on the tape, currently trading at $12.45, down from yesterday’s close by -1.19%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Caesars Entertainment Corporation (CZR) currently trades with a market capitalization of $8.70 Billion. That value represents a market adjusting for revenues that have been growing by 100.32 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$181 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.09 on a per share basis this quarter. Perhaps, that suggests something about why 0.90% of the outstanding share supply is held by institutional investors.



Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Caesars Entertainment Corporation recorded a 52-week high of $14.50. It is now trading 2.05% off that level. The stock is trading $13.08 its 50-day moving average by 0.63%. The stock carved out a 52-week low down at $9.00.

In recent action, Caesars Entertainment Corporation (CZR) has made a move of +1.22% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.98% with $579.18 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CZR.

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