Caesars Entertainment (NASDAQ:CZR) Given New $35.00 Price Target at Barclays

Caesars Entertainment (NASDAQ:CZR) had its target price cut by Barclays from $39.00 to $35.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective suggests a potential upside of 61.98% from the stock’s previous close.

CZR has been the subject of several other reports. Wall Street Zen lowered Caesars Entertainment from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Wells Fargo & Company initiated coverage on shares of Caesars Entertainment in a report on Tuesday, November 18th. They set an “equal weight” rating and a $21.00 price objective for the company. Susquehanna raised shares of Caesars Entertainment from a “neutral” rating to a “positive” rating and raised their target price for the stock from $25.00 to $31.00 in a research report on Thursday, January 8th. Truist Financial lowered their price target on Caesars Entertainment from $30.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Caesars Entertainment from $36.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $33.47.

Caesars Entertainment Price Performance

CZR stock traded up $2.66 during mid-day trading on Wednesday, hitting $21.61. The company had a trading volume of 5,239,883 shares, compared to its average volume of 5,940,090. The company has a 50-day moving average price of $22.82 and a 200 day moving average price of $23.41. Caesars Entertainment has a 12-month low of $17.86 and a 12-month high of $39.03. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of -18.76, a P/E/G ratio of 23.49 and a beta of 2.03. The company has a quick ratio of 0.76, a current ratio of 0.78 and a debt-to-equity ratio of 6.23.

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

Hedge Funds Weigh In On Caesars Entertainment

A number of large investors have recently added to or reduced their stakes in the company. ING Groep NV increased its position in shares of Caesars Entertainment by 80.2% during the third quarter. ING Groep NV now owns 599,854 shares of the company’s stock worth $16,211,000 after purchasing an additional 266,917 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Caesars Entertainment in the second quarter valued at about $592,000. Principal Financial Group Inc. boosted its holdings in Caesars Entertainment by 56.4% in the third quarter. Principal Financial Group Inc. now owns 1,700,389 shares of the company’s stock worth $45,953,000 after acquiring an additional 612,837 shares in the last quarter. LDR Capital Management LLC purchased a new stake in Caesars Entertainment during the 3rd quarter worth approximately $1,172,000. Finally, Villere ST Denis J & Co. LLC increased its stake in Caesars Entertainment by 31.6% during the 3rd quarter. Villere ST Denis J & Co. LLC now owns 1,038,870 shares of the company’s stock valued at $28,075,000 after purchasing an additional 249,603 shares in the last quarter. 91.79% of the stock is currently owned by institutional investors.

Key Headlines 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

Caesars Entertainment Company Profile

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.