Media stories about Caesars Entertainment (NASDAQ:CZR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Caesars Entertainment earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.6417059862592 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Stocks With Rising Relative Price Strength: Caesars Entertainment (finance.yahoo.com)
- Caesars Entertainment Getting Closer To Key Technical Benchmark (finance.yahoo.com)
- Caesars Entertainment Corp (CZR) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Acquisition of Indiana Racinos Parent Moves Forward (insideindianabusiness.com)
- Caesars Entertainment Las Vegas Resorts Elevates Customer Service with Ivy, Personalized Virtual Concierge Service (prnewswire.com)
CZR has been the topic of a number of recent analyst reports. SunTrust Banks initiated coverage on Caesars Entertainment in a report on Friday, September 15th. They set a “buy” rating and a $14.00 price target on the stock. Oppenheimer reiterated a “buy” rating and set a $15.00 price target on shares of Caesars Entertainment in a report on Thursday, November 30th. BidaskClub upgraded Caesars Entertainment from a “hold” rating to a “buy” rating in a report on Tuesday, October 3rd. Zacks Investment Research lowered Caesars Entertainment from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, Instinet assumed coverage on Caesars Entertainment in a research note on Friday, October 6th. They issued a “neutral” rating and a $14.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Caesars Entertainment currently has a consensus rating of “Hold” and a consensus price target of $14.39.
Shares of Caesars Entertainment (NASDAQ:CZR) traded down $0.15 during midday trading on Friday, hitting $13.00. The stock had a trading volume of 3,368,178 shares, compared to its average volume of 7,651,422. The stock has a market capitalization of $9,150.00, a PE ratio of -0.64 and a beta of 0.31. Caesars Entertainment has a one year low of $8.50 and a one year high of $13.60. The company has a debt-to-equity ratio of -1.69, a quick ratio of 0.48 and a current ratio of 0.48.
In other Caesars Entertainment news, Director John M. Boushy bought 20,000 shares of Caesars Entertainment stock in a transaction that occurred on Wednesday, December 6th. The stock was acquired at an average cost of $12.64 per share, for a total transaction of $252,800.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at $252,800. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Janis L. Jones sold 26,131 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $12.86, for a total value of $336,044.66. The disclosure for this sale can be found here. 5.80% of the stock is currently owned by insiders.
Caesars Entertainment Company Profile
Caesars Entertainment Corporation is a holding company. The Company provides casino-entertainment and hospitality services. The Company’s segments include Caesars Entertainment Resort Properties, LLC (CERP), Caesars Growth Partners, LLC (CGP) and Other. The Company’s resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.
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