Wall Street analysts will be watching closely when Caesars Entertainment Corporation (NASDAQ:CZR) reports its quarterly earnings next, which is scheduled for Wed 1 May (In 65 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at -$0.13 per share. In the preceding quarter, the company reportedly generated EPS of $0.33 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 6.50%, a profit margin of 34.30% and a gross margin of 52.70%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Caesars Entertainment Corporation (NASDAQ:CZR). Most recently, on January 16th, 2019, BofA/Merrill Downgrade a Neutral rating. Before that, on January 2nd, 2019, UBS Upgrade to Neutral. Bernstein Initiated a Mkt Perform rating on November 15th, 2018, Morgan Stanley Initiated an Overweight rating on October 23rd, 2018, and Credit Suisse Initiated a Outperform rating on September 11th, 2018.
At its current price point, combined with the fact that this company has 697.86M shares outstanding, the current market capitalization sits at 6.25B. In the last trading day, 26,475,560 shares of Caesars Entertainment Corporation were traded, which compares to its usual volume of about 25.05M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.19 in the past five trading days, resulting in a percentage change of -2.08% and a moving average of 9.34. In the past 20 days, its price changed by $0.09 (which is +1.01%) and the stock’s moving average was 9.23. Looking back a full 50 days, shares of CZR changed by $1.79 (which is +24.97%) and demonstrated a moving average of 8.22.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 25.67%, a 14-day Stochastic %K score of 25.67% and a 20-day Stochastic %K score of 45.63%. Using a similar metric, Caesars Entertainment Corporation (CZR) shares showed a Stochastic %D of 46.70% over the past 9 days, a Stochastic %D score of 48.51% over the last 14 days, and a 20-day Stochastic %D of 63.82%. Meanwhile, this stock’s MACD Oscillator was -0.19 over the past 9 days, -0.18 over the past two weeks, and -0.08 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $8.96 level. Over the past 12 months, this stock has experienced a high price of $13.54 and a low of $5.84. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Canyon Capital Advisors LLC purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Caesars Entertainment Corporation (NASDAQ:CZR) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 69,971,232 shares of the company’s stock following the addition of 2,096,859 to this investor’s holdings during the three-month period. This share count represents that Canyon Capital Advisors LLC now held 10.45% stake in Caesars Entertainment Corporation (CZR)’s shares.
Just in the most recent trading day, Caesars Entertainment Corporation (NASDAQ:CZR) experienced a high price of $9.32 and low point of $8.92. At the end of the last trading session, this stock was at 8.96 per share, following a gain of $0.08, or -0.99% during the full day.