Given A -59.61% Drop From High, Can Caesars Entertainment Inc (NASDAQ: CZR) Quickly Recover?

ZM Stock

During the recent session, Caesars Entertainment Inc (NASDAQ:CZR)’s traded shares were 1.64 million, with the beta value of the company hitting 2.82. At the last check today, the stock’s price was $37.76, reflecting an intraday loss of -1.87% or -$0.72. The 52-week high for the CZR share is $60.27, that puts it down -59.61 from that peak though still a striking 0.13% gain since the share price plummeted to a 52-week low of $37.71. The company’s market capitalization is $8.17B, and the average trade volume was 3.13 million shares over the past three months.

Caesars Entertainment Inc (NASDAQ:CZR) trade information

Caesars Entertainment Inc (CZR) registered a -1.87% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.87% in intraday trading to $37.76, hitting a weekly high. The stock’s 5-day price performance is -0.58%, and it has moved by -11.59% in 30 days. Based on these gigs, the overall price performance for the year is -10.56%.

Caesars Entertainment Inc (CZR) estimates and forecasts

Statistics show that Caesars Entertainment Inc has underperformed its competitors in share price, compared to the industry in which it operates. Caesars Entertainment Inc (CZR) shares have gone down -9.36% during the last six months, with a year-to-date growth rate less than the industry average at -71.98% against 5.10. In the rating firms’ projections, revenue will increase 1.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.84B as predicted by 14 analyst(s). Meanwhile, a consensus of 14 analyst(s) estimates revenue growth to 2.91B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.83B and 2.88B respectively. In this case, analysts expect current quarter sales to grow by 0.20% and then jump by 1.00% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.50%. While earnings are projected to return -74.61% in 2024.

CZR Dividends

Caesars Entertainment Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Caesars Entertainment Inc (NASDAQ:CZR)’s Major holders