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Caesars Entertainment (DE:2ER)
FRANKFURT:2ER
Caesars Entertainment (2ER) Stock Price & Analysis
1 Followers
2ER Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€29.41 - €53.17
Previous Close€30.71
Volume0.00
Average Volume (3M)207.00
Market Cap
€6.98B
Enterprise Value€29.49B
Total Cash (Recent Filing)$726.00M
Total Debt (Recent Filing)$25.06B
Price to Earnings (P/E)―
Beta1.62
Next Earnings
Jul 30, 2024EPS Estimate
€0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding216,415,536
10 Day Avg. Volume28
30 Day Avg. Volume207
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-0.77
Price to Sales (P/S)2.76
Price to Cash Flow (P/CF)4.20
P/FCF Ratio1.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.91
Enterprise Value/Gross Profit4.81
Enterprise Value/Ebitda6.85
Forecast
1Y Price Target
€48.10Price Target Upside56.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Caesars Entertainment News
PremiumMarket News
SPY ETF Update, 7/26/2024 
Bulls Say, Bears Say
Bulls Say
Asset MonetizationManagement alluded to potential sales of non-core assets, which could begin to materialize in 2024.
Growth PotentialGiven operators' commentary on the early stage of Denver feeder market penetration, capital investments over the past several years by MCRI, CZR, PENN and others should generate stronger returns than other mature markets.
Market ShareMonarch Casino and Resort's market-leading 30% share can be attributed to its exceptional casino offerings & amenities following the recent $400M renovation & expansion and the prominence of its physical location off Route 119.
Bears Say
Digital BusinessHigher-than-anticipated promotions in North Carolina drove the downside in the digital business.
Earnings MissCZR reported a 1Q miss with revs and EBITDAR coming in 3% and 7% below the consensus, respectively, as the company grappled with roughly $75m of one-time headwinds.
Investor ConfidenceInvestor enthusiasm and willingness to support management's optimistic outlook for the LV Strip, Digital, and balance sheet opportunities are waning.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.53% Other Institutional Investors
98.47% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Caesars Entertainment
Desktop Users
Mobile Users
2ER FAQ
What was Caesars Entertainment’s price range in the past 12 months?
Caesars Entertainment lowest stock price was €29.41 and its highest was €53.17 in the past 12 months.
What is Caesars Entertainment’s market cap?
Currently, no data Available
When is Caesars Entertainment’s upcoming earnings report date?
Caesars Entertainment’s upcoming earnings report date is Jul 30, 2024 which is in 3 days.
How were Caesars Entertainment’s earnings last quarter?
Caesars Entertainment released its earnings results on Apr 30, 2024. The company reported -€0.67 earnings per share for the quarter, missing the consensus estimate of -€0.071 by -€0.599.
Is Caesars Entertainment overvalued?
According to Wall Street analysts Caesars Entertainment’s price is currently Undervalued.
Does Caesars Entertainment pay dividends?
Caesars Entertainment does not currently pay dividends.
What is Caesars Entertainment’s EPS estimate?
Caesars Entertainment’s EPS estimate is €0.12.
How many shares outstanding does Caesars Entertainment have?
Currently, no data Available
What happened to Caesars Entertainment’s price movement after its last earnings report?
Caesars Entertainment reported an EPS of -€0.67 in its last earnings report, missing expectations of -€0.071. Following the earnings report the stock price went down -2.536%.
Which hedge fund is a major shareholder of Caesars Entertainment?
Among the largest hedge funds holding Caesars Entertainment’s share is EdgePoint Investment Group Inc.. It holds Caesars Entertainment’s shares valued at 254M.
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Caesars Entertainment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€48.10 (56.63% Upside)
€48.10 (56.63% Upside)
Blogger Sentiment
Bullish
DE:2ER Sentiment 83%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-40.95%
12-Months-Change
Fundamentals
Return on Equity
19.10%
Trailing 12-Months
Asset Growth
-0.87%
Trailing 12-Months
Company Description
Caesars Entertainment
Eldorado Resorts, Inc. operates as a casino entertainment company. It engages in gaming operations, and manages hotels, restaurants, bars, racing, retail shops, and other services. It operates through the following segments: West, Midwest, South, East, and Central. The West segment consists of seven properties in Nevada and Colorado. The Midwest segment comprises of dockside and land-based casinos in Iowa and Missouri. The South segment includes dockside casinos in Louisiana and Mississippi, and racino in Florida. The East segment is involved in the operation of racinos located in Pennsylvania, Ohio, and West Virginia; and casinos in Pennsylvania and New Jersey. The Central segment is composed of properties in Indiana, Illinois, and Missouri. The company was founded by Donald Louis Carano in 1973 and is headquartered in Reno, NV.
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2ER Earnings Call
Q1 2024
0:00 / 0:00
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2ER Revenue Breakdown
55.23% Casino
18.13% Hotel
14.99% Food and beverage
11.65% Other
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2ER Stock 12 Month Forecast
Average Price Target
€48.10
▲(56.63% Upside)
Technical Analysis
Caesars Entertainment
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MGM Resorts
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Wynn Resorts
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Las Vegas Sands
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Churchill Downs
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Best Analysts Covering 2ER
1 Year
1 Year Success Rate
10/18 ratings generated profit
1 Year Average Return
+22.86%
initiated a buy rating 3 months ago
Copying David Bain's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +22.86% per trade.
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