Breaking Down Caesars Entertainment: 11 Analysts Share Their Views

Comments
Loading...

11 analysts have shared their evaluations of Caesars Entertainment CZR during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 8 0 0 0
Last 30D 1 0 0 0 0
1M Ago 2 2 0 0 0
2M Ago 0 2 0 0 0
3M Ago 0 4 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Caesars Entertainment, presenting an average target of $52.91, a high estimate of $58.00, and a low estimate of $43.00. Experiencing a 4.58% decline, the current average is now lower than the previous average price target of $55.45.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The perception of Caesars Entertainment by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Steven Wieczynski Stifel Lowers Buy $51.00 $54.00
Aaron Hecht JMP Securities Lowers Market Outperform $53.00 $57.00
Barry Jonas Truist Securities Lowers Buy $48.00 $52.00
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

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Caesars Entertainment. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Caesars Entertainment compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Caesars Entertainment's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Caesars Entertainment's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Caesars Entertainment analyst ratings.

Get to Know Caesars Entertainment Better

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 Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Decline in Revenue: Over the 3 months period, Caesars Entertainment faced challenges, resulting in a decline of approximately -4.01% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Caesars Entertainment's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -0.31%, the company may encounter challenges in effective cost control.

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 is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.03%, the company may face hurdles in achieving optimal financial returns.

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.

Understanding the Relevance of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!