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Caesars Entertainment (CZR) Catches Eye: Stock Jumps 7.8%

Zacks Equity Research
Updated

Caesars Entertainment Corporation CZR was a big mover last session, as the company saw its shares rise nearly 8% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $10.75 to $11.55 in the past one-month time frame.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Caesars Entertainment currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Caesars Entertainment Corporation Price and Consensus

Caesars Entertainment Corporation Price and Consensus | Caesars Entertainment Corporation Quote

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A better-ranked stock in the Gaming industry is Melco Resorts & Entertainment Limited MLCO, which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Zacks Investment Research