Somewhat Favorable Media Coverage Very Likely to Impact Caesars Entertainment Corporation (CZR) Stock Price
News stories about Caesars Entertainment Corporation (NASDAQ:CZR) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Caesars Entertainment Corporation earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the company an impact score of 90 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Caesars Entertainment, Caesars Entertainment Operating Co. Announce Approvals From New Jersey Casino Control Commission (ih.advfn.com)
- Caesars Entertainment (CZR), CEOC Announce Approvals From New Jersey Casino Control Commission – StreetInsider.com (streetinsider.com)
- Breakfast Technical Briefing on Resorts & Casinos Stocks — MGM Resorts, Melco Resorts & Entertainment, Las Vegas … – PR Newswire (press release) (prnewswire.com)
- Caesars Entertainment Corporation (CZR) noted a price change of 0.00% and ManpowerGroup Inc. (MAN) closes with … – Stocks Gallery (stocksgallery.com)
Caesars Entertainment Corporation (NASDAQ:CZR) traded down 1.000% on Monday, hitting $12.375. The company had a trading volume of 293,965 shares. Caesars Entertainment Corporation has a 12-month low of $5.39 and a 12-month high of $13.05. The firm has a 50-day moving average price of $11.91 and a 200-day moving average price of $9.92. The firm’s market capitalization is $1.84 billion.
Caesars Entertainment Corporation (NASDAQ:CZR) last released its quarterly earnings data on Tuesday, May 2nd. The company reported ($3.71) earnings per share for the quarter, missing the consensus estimate of $0.54 by $4.25. The company had revenue of $963 million during the quarter. On average, equities research analysts anticipate that Caesars Entertainment Corporation will post ($0.24) earnings per share for the current fiscal year.
A number of research analysts have issued reports on CZR shares. Macquarie raised Caesars Entertainment Corporation from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $10.00 to $13.00 in a report on Thursday, April 20th. Oppenheimer Holdings, Inc. started coverage on Caesars Entertainment Corporation in a report on Thursday, June 1st. They set an “outperform” rating and a $15.00 price objective for the company. CIBC started coverage on Caesars Entertainment Corporation in a report on Thursday, June 1st. They set an “outperform” rating and a $15.00 price objective for the company. ValuEngine raised Caesars Entertainment Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BidaskClub cut Caesars Entertainment Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $14.33.
About Caesars Entertainment Corporation
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 facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options.
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