Caesars Entertainment (NASDAQ:CZR) Receives News Impact Score of 0.13

Media stories about Caesars Entertainment (NASDAQ:CZR) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Caesars Entertainment earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.849744456826 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

Shares of Caesars Entertainment (NASDAQ CZR) traded up $0.12 during trading on Wednesday, reaching $13.97. 406,408 shares of the company traded hands, compared to its average volume of 7,493,111. The company has a market cap of $9,893.05, a P/E ratio of -0.69 and a beta of 0.31. The company has a debt-to-equity ratio of -1.69, a current ratio of 0.48 and a quick ratio of 0.48. Caesars Entertainment has a one year low of $8.50 and a one year high of $14.20.

Several analysts have weighed in on CZR shares. BidaskClub raised Caesars Entertainment from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Nomura started coverage on Caesars Entertainment in a research report on Friday, October 6th. They issued a “neutral” rating and a $14.00 price objective on the stock. Instinet assumed coverage on Caesars Entertainment in a research report on Friday, October 6th. They issued a “neutral” rating and a $14.00 price objective on the stock. Oppenheimer reiterated a “buy” rating and set a $15.00 target price on shares of Caesars Entertainment in a research note on Thursday, November 30th. Finally, ValuEngine lowered shares of Caesars Entertainment from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. Caesars Entertainment currently has an average rating of “Hold” and a consensus price target of $14.35.

In other news, Director John M. Boushy acquired 20,000 shares of Caesars Entertainment stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average cost of $12.64 per share, with a total value of $252,800.00. Following the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $252,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Janis L. Jones sold 26,131 shares of the stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $12.86, for a total transaction of $336,044.66. The disclosure for this sale can be found here. Corporate insiders own 5.80% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Caesars Entertainment (NASDAQ:CZR) Receives News Impact Score of 0.13” was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/31/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-caesars-entertainment-czr-stock-price.html.

Caesars Entertainment Company Profile

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 resorts operate primarily under the Harrah’s, Caesars and Horseshoe brand names.

Insider Buying and Selling by Quarter for Caesars Entertainment (NASDAQ:CZR)

Receive News & Ratings for Caesars Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caesars Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply