With 4.43 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.89 million shares. During the session, the Resorts & Casinos company that operates in wider Consumer Cyclical sector, reached to the highest price of $32.75 whereas the lowest price it dropped to was $31.79. The 52-week range on CZR shows that it touched its highest point at $47.99 and its lowest point at $31.66 during that stretch. It currently has a 1-year price target of $51.09. Beta for the stock currently stands at 2.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CZR was down-trending over the past week, with a drop of -4.31%, but this was down by -14.95% over a month. Three-month performance dropped to -26.04% while six-month performance fell -12.65%. The stock lost -30.85% in the past year, while it has lost -4.31% so far this year. A look at the trailing 12-month EPS for CZR yields -1.67 with Next year EPS estimates of 1.13. For the next quarter, that number is 0.01. This implies an EPS growth rate of -137.76% for this year and 182.30% for next year. EPS is expected to decline by -12.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.50%.
Float and Shares Shorts:
At present, 212.48 million CZR shares are outstanding with a float of 199.50 million shares on hand for trading. On 2024-12-13, short shares totaled 16.0 million, which was 753.0 higher than short shares on 1731628800. In addition to Mr. Gary L. Carano as the firm’s Executive Chairman of the Board, Mr. Thomas Robert Reeg CFA serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 1.04927 of CZR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CZR reported revenue of $2874000000.0 and operating income of $639000000.0. The EBITDA in the recently reported quarter was $971000000.0 and diluted EPS was -$0.04.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CZR since 17 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CZR analysts setting a high price target of 66.0 and a low target of 35.0, the average target price over the next 12 months is 52.5. Based on these targets, CZR could surge 106.38% to reach the target high and rise by 9.44% to reach the target low. Reaching the average price target will result in a growth of 64.17% from current levels.
Analysts have provided yearly estimates in a range of -$1.27871 being high and -$1.56642 being low. For CZR, this leads to a yearly average estimate of -$1.37461.
