Caesars Entertainment (CZR) Getting Somewhat Favorable Press Coverage, Analysis Finds

News articles about Caesars Entertainment (NASDAQ:CZR) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Caesars Entertainment earned a news impact score of 0.05 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.2038404539509 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment’s rankings:

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CZR has been the topic of a number of recent analyst reports. Nomura raised Caesars Entertainment from a “neutral” rating to a “buy” rating in a research note on Wednesday, March 7th. Zacks Investment Research lowered Caesars Entertainment from a “buy” rating to a “hold” rating in a research note on Tuesday, April 10th. TheStreet raised Caesars Entertainment from a “d” rating to a “c” rating in a research note on Thursday, March 8th. BidaskClub raised Caesars Entertainment from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 17th. Finally, SunTrust Banks reaffirmed an “average” rating and issued a $16.00 target price on shares of Caesars Entertainment in a research report on Monday, February 5th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $14.65.

Shares of CZR traded down $0.10 during trading hours on Thursday, hitting $11.65. The stock had a trading volume of 10,143,709 shares, compared to its average volume of 10,352,184. The company has a current ratio of 1.83, a quick ratio of 1.81 and a debt-to-equity ratio of 5.55. The firm has a market capitalization of $8,063.87, a P/E ratio of -3.46 and a beta of 0.30. Caesars Entertainment has a 12-month low of $9.45 and a 12-month high of $14.50.

Caesars Entertainment (NASDAQ:CZR) last issued its earnings results on Wednesday, March 7th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $2 billion. sell-side analysts predict that Caesars Entertainment will post 0.59 earnings per share for the current year.

In related news, EVP Timothy R. Donovan sold 5,354 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $12.48, for a total value of $66,817.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.60% of the company’s stock.

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Caesars Entertainment Company Profile

Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company operates 36,000 slot machines and 2,700 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout its casinos, as well as banquets and room service.

Insider Buying and Selling by Quarter for Caesars Entertainment (NASDAQ:CZR)

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