Taking a Look at the Data Behind Caesars Entertainment Corporation (CZR)

Caesars Entertainment Corporation (CZR) is an interesting player in the Services space, with a focus on Resorts & Casinos. The stock has been active on the tape, currently trading at $11.60, down from yesterday’s close by -2.73%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Caesars Entertainment Corporation (CZR) currently trades with a market capitalization of $8.38 Billion. That value represents a market adjusting for revenues that have been growing by 104.14 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$3.04 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.08 on a per share basis this quarter. Perhaps, that suggests something about why 0.97% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Caesars Entertainment Corporation recorded a 52-week high of $14.50. It is now trading 2.9% off that level. The stock is trading $11.85 its 50-day moving average by 0.25%. The stock carved out a 52-week low down at $10.48.

In recent action, Caesars Entertainment Corporation (CZR) has made a move of -8.66% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.14% with $617.15 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CZR.

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