Citizens Jmp Lowers Caesars Entertainment (NASDAQ:CZR) Price Target to $34.00

Caesars Entertainment (NASDAQ:CZR) had its price objective decreased by equities research analysts at Citizens Jmp from $37.00 to $34.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would indicate a potential upside of 57.35% from the stock’s current price.

CZR has been the subject of several other reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Caesars Entertainment in a research note on Wednesday, January 21st. Macquarie Infrastructure decreased their price objective on shares of Caesars Entertainment from $40.00 to $33.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. Susquehanna upgraded shares of Caesars Entertainment from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $25.00 to $31.00 in a research note on Thursday, January 8th. The Goldman Sachs Group cut shares of Caesars Entertainment from a “buy” rating to a “neutral” rating and dropped their target price for the company from $25.00 to $24.00 in a report on Monday, December 15th. Finally, Zacks Research downgraded shares of Caesars Entertainment from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $33.47.

Caesars Entertainment Stock Up 14.0%

CZR stock traded up $2.66 during trading hours on Wednesday, reaching $21.61. 5,239,883 shares of the stock were exchanged, compared to its average volume of 5,940,090. The firm’s 50-day moving average is $22.82 and its 200-day moving average is $23.41. Caesars Entertainment has a 12 month low of $17.86 and a 12 month high of $39.03. The company has a market cap of $4.41 billion, a price-to-earnings ratio of -18.76, a PEG ratio of 23.49 and a beta of 2.03. The company has a debt-to-equity ratio of 6.23, a current ratio of 0.78 and a quick ratio of 0.76.

Caesars Entertainment (NASDAQ:CZR) last posted its quarterly earnings data on Tuesday, February 17th. The company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.05). Caesars Entertainment had a negative net margin of 2.12% and a negative return on equity of 5.76%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same quarter last year, the business earned $0.05 earnings per share. Caesars Entertainment’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities research analysts expect that Caesars Entertainment will post -0.77 earnings per share for the current year.

Institutional Investors Weigh In On Caesars Entertainment

Hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its position in Caesars Entertainment by 47.7% during the first quarter. AQR Capital Management LLC now owns 39,297 shares of the company’s stock worth $953,000 after acquiring an additional 12,698 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Caesars Entertainment by 8.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,830 shares of the company’s stock worth $496,000 after purchasing an additional 1,623 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Caesars Entertainment by 106.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,599,273 shares of the company’s stock valued at $39,982,000 after buying an additional 826,356 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Caesars Entertainment by 40.7% in the first quarter. Woodline Partners LP now owns 17,952 shares of the company’s stock valued at $449,000 after buying an additional 5,192 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Caesars Entertainment by 0.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 506,585 shares of the company’s stock worth $12,665,000 after buying an additional 3,198 shares in the last quarter. Institutional investors and hedge funds own 91.79% of the company’s stock.

Key Headlines Impacting Caesars Entertainment

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Caesars’ digital segment delivered a record quarter, driving investor optimism that high-margin digital growth can offset softness in some land-based markets. Article Title
• Positive Sentiment: Top-line beat and revenue growth: GAAP net revenue of ~$2.9B (up ~4.2% YoY) came in roughly at/above estimates, which supports the view of stable demand across the portfolio. Article Title
• Neutral Sentiment: Management presented the quarterly results and slide deck and reiterated a steady near‑term outlook, giving some confidence to investors despite the earnings miss. Slide Deck
• Positive Sentiment: Unusual call-option activity was observed around the print, indicating short-term bullish bet/speculation by some traders. (Market/options trading note)
• Negative Sentiment: Big EPS miss: reported GAAP EPS of -$1.23 vs. consensus roughly -$0.18, driven by a swing to a net loss and lower operating profit — that is pressuring fundamentals and valuation. Earnings Call Transcript
• Negative Sentiment: Net loss and margin compression: Caesars swung to a GAAP net loss (~$250M) and operating profit fell materially year‑over‑year, partly because last year included sizeable asset-sale gains, highlighting earnings volatility. Press Release
• Negative Sentiment: Technical/market risk: some outlets flagged the stock hitting a new 52‑week low after the print, and Caesars still carries high leverage—factors that increase downside sensitivity if momentum fades. Article Title

About Caesars Entertainment

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.