Caesars Entertainment (CZR) to Release Quarterly Earnings on Tuesday

Caesars Entertainment (NASDAQ:CZR) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Caesars Entertainment to post earnings of ($0.15) per share and revenue of $2.81 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Caesars Entertainment Price Performance

NASDAQ CZR opened at $35.34 on Friday. The company has a market cap of $7.51 billion, a PE ratio of -21.16 and a beta of 2.90. Caesars Entertainment has a 52 week low of $30.78 and a 52 week high of $45.93. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 2.84. The firm’s 50-day simple moving average is $34.72 and its two-hundred day simple moving average is $37.86.

Analyst Upgrades and Downgrades

CZR has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered their price target on shares of Caesars Entertainment from $58.00 to $53.00 and set an “overweight” rating on the stock in a report on Wednesday, October 30th. Jefferies Financial Group decreased their price objective on shares of Caesars Entertainment from $52.00 to $43.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. StockNews.com upgraded shares of Caesars Entertainment from a “sell” rating to a “hold” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. reduced their price target on shares of Caesars Entertainment from $58.00 to $57.00 and set an “overweight” rating on the stock in a research report on Friday, January 3rd. Finally, Stifel Nicolaus reduced their price target on shares of Caesars Entertainment from $54.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $51.21.

About Caesars Entertainment

Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.