Where Caesars Entertainment Stands With Analysts

In the preceding three months, 13 analysts have released ratings for Caesars Entertainment CZR, presenting a wide array of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 10 1 0 0
Last 30D 1 1 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 1 0 0 0
3M Ago 1 7 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $54.31, along with a high estimate of $59.00 and a low estimate of $42.00. This current average represents a 1.11% decrease from the previous average price target of $54.92.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Caesars Entertainment among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joseph Greff JP Morgan Lowers Overweight $57.00 $58.00
David Katz Jefferies Lowers Buy $43.00 $52.00
Brandt Montour Barclays Lowers Overweight $55.00 $57.00
Jordan Bender JMP Securities Lowers Market Outperform $57.00 $59.00
Chad Beynon Macquarie Maintains Outperform $50.00 $50.00
Joseph Greff JP Morgan Raises Overweight $58.00 $54.00
Daniel Politzer Wells Fargo Lowers Overweight $53.00 $58.00
Brandt Montour Barclays Lowers Overweight $57.00 $59.00
Stephen Grambling Morgan Stanley Raises Equal-Weight $42.00 $40.00
Daniel Politzer Wells Fargo Raises Overweight $58.00 $56.00
Brandt Montour Barclays Raises Overweight $59.00 $56.00
Jordan Bender JMP Securities Maintains Market Outperform $59.00 $59.00
Steven Wieczynski Stifel Raises Buy $58.00 $56.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Caesars Entertainment. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Caesars Entertainment compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Caesars Entertainment's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Caesars Entertainment's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Caesars Entertainment analyst ratings.

Discovering Caesars Entertainment: A Closer Look

Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Financial Milestones: Caesars Entertainment's Journey

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Challenges: Caesars Entertainment's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -4.01%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Caesars Entertainment's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -0.31%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.21%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Caesars Entertainment's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.03%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Caesars Entertainment's debt-to-equity ratio stands notably higher than the industry average, reaching 6.08. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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