News headlines about Caesars Entertainment (NASDAQ:CZR) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Caesars Entertainment earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.0018773814118 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- Southeast Michigan entertainment weekend, Feb. 23-25 and beyond (theoaklandpress.com)
- Coming to Caesars Palace: Daily Room Checks (smartertravel.com)
- 1 Low-Rewarding Stock to Observe: Caesars Entertainment Corporation (CZR) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Where to look at selling opportunities on Caesars Entertainment Corporation (CZR) – Wall Street Morning (wallstreetmorning.com)
- Caesars Entertainment (CZR) Upgraded at BidaskClub (americanbankingnews.com)
A number of equities analysts have commented on CZR shares. BidaskClub lowered shares of Caesars Entertainment from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. SunTrust Banks restated an “average” rating and issued a $16.00 price target on shares of Caesars Entertainment in a research report on Monday, February 5th. Zacks Investment Research upgraded shares of Caesars Entertainment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 30th. ValuEngine lowered shares of Caesars Entertainment from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, Jefferies Group started coverage on shares of Caesars Entertainment in a research report on Thursday, January 18th. They issued a “hold” rating and a $14.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.55.
Shares of Caesars Entertainment (NASDAQ:CZR) traded down $0.15 during midday trading on Wednesday, reaching $13.00. 7,195,785 shares of the company traded hands, compared to its average volume of 7,343,080. Caesars Entertainment has a fifty-two week low of $9.00 and a fifty-two week high of $14.50. The firm has a market capitalization of $9,294.53, a price-to-earnings ratio of -0.64 and a beta of 0.26. The company has a debt-to-equity ratio of -1.69, a current ratio of 0.48 and a quick ratio of 0.48.
In other news, Director John M. Boushy bought 20,000 shares of the stock in a transaction on Wednesday, December 6th. The stock was purchased at an average price of $12.64 per share, with a total value of $252,800.00. Following the completion of the purchase, the director now owns 20,000 shares of the company’s stock, valued at $252,800. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Janis L. Jones sold 26,131 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $12.86, for a total transaction of $336,044.66. The disclosure for this sale can be found here. Corporate insiders own 5.80% of the company’s stock.
About Caesars Entertainment
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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