Caesars Entertainment (NASDAQ:CZR) Given New $34.00 Price Target at Citizens Jmp

Caesars Entertainment (NASDAQ:CZR) had its target price decreased by equities research analysts at Citizens Jmp from $37.00 to $34.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price target points to a potential upside of 57.35% from the company’s current price.

A number of other equities analysts have also recently commented on CZR. Citigroup reissued a “market outperform” rating on shares of Caesars Entertainment in a report on Monday, December 1st. Wells Fargo & Company assumed coverage on Caesars Entertainment in a research report on Tuesday, November 18th. They issued an “equal weight” rating and a $21.00 target price on the stock. Stifel Nicolaus dropped their target price on shares of Caesars Entertainment from $39.00 to $36.00 and set a “buy” rating for the company in a report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Caesars Entertainment in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Caesars Entertainment presently has a consensus rating of “Moderate Buy” and an average target price of $33.47.

Caesars Entertainment Price Performance

Shares of NASDAQ:CZR traded up $2.66 during midday trading on Wednesday, hitting $21.61. The stock had a trading volume of 5,239,883 shares, compared to its average volume of 5,940,090. The company’s 50-day moving average price is $22.82 and its 200-day moving average price is $23.41. Caesars Entertainment has a fifty-two week low of $17.86 and a fifty-two week high of $39.03. The company has a quick ratio of 0.76, a current ratio of 0.78 and a debt-to-equity ratio of 6.23. The company has a market capitalization of $4.41 billion, a P/E ratio of -18.76, a price-to-earnings-growth ratio of 23.49 and a beta of 2.03.

Caesars Entertainment (NASDAQ:CZR) last announced its quarterly earnings data on Tuesday, February 17th. The company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.05). Caesars Entertainment had a negative net margin of 2.12% and a negative return on equity of 5.76%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same period last year, the business earned $0.05 earnings per share. The business’s revenue was up 4.2% compared to the same quarter last year. As a group, equities research analysts predict that Caesars Entertainment will post -0.77 EPS for the current fiscal year.

Hedge Funds Weigh In On Caesars Entertainment

Several large investors have recently modified their holdings of CZR. Hantz Financial Services Inc. grew its holdings in Caesars Entertainment by 110.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 510 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Caesars Entertainment by 456.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,119 shares of the company’s stock valued at $26,000 after purchasing an additional 918 shares in the last quarter. Mather Group LLC. acquired a new stake in Caesars Entertainment during the third quarter worth approximately $28,000. Sunbelt Securities Inc. increased its holdings in Caesars Entertainment by 181.6% in the third quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock worth $28,000 after purchasing an additional 672 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in Caesars Entertainment by 44.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock worth $37,000 after purchasing an additional 488 shares in the last quarter. Institutional investors own 91.79% of the company’s stock.

Key Stories Impacting Caesars Entertainment

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Caesars’ digital segment delivered a record quarter, driving investor optimism that high-margin digital growth can offset softness in some land-based markets. Article Title
• Positive Sentiment: Top-line beat and revenue growth: GAAP net revenue of ~$2.9B (up ~4.2% YoY) came in roughly at/above estimates, which supports the view of stable demand across the portfolio. Article Title
• Neutral Sentiment: Management presented the quarterly results and slide deck and reiterated a steady near‑term outlook, giving some confidence to investors despite the earnings miss. Slide Deck
• Positive Sentiment: Unusual call-option activity was observed around the print, indicating short-term bullish bet/speculation by some traders. (Market/options trading note)
• Negative Sentiment: Big EPS miss: reported GAAP EPS of -$1.23 vs. consensus roughly -$0.18, driven by a swing to a net loss and lower operating profit — that is pressuring fundamentals and valuation. Earnings Call Transcript
• Negative Sentiment: Net loss and margin compression: Caesars swung to a GAAP net loss (~$250M) and operating profit fell materially year‑over‑year, partly because last year included sizeable asset-sale gains, highlighting earnings volatility. Press Release
• Negative Sentiment: Technical/market risk: some outlets flagged the stock hitting a new 52‑week low after the print, and Caesars still carries high leverage—factors that increase downside sensitivity if momentum fades. Article Title

About Caesars Entertainment

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.