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Strength Seen in Caesars Entertainment (CZR): Stock Up 14.1%

Zacks Equity Research

Caesars Entertainment Corporation (CZR) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.57 to $19.43 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. 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%.

Other better-ranked gaming stocks worth considering include Caesars Acquisition Company (CACQ), Melco Crown Entertainment Limited (MPEL) and MGM Resorts International (MGM). While Caesars Acquisition Company sports a Zacks Rank #1 (Strong Buy), Melco Crown Entertainment and MGM Resorts have a Zacks Rank #2 (Buy).

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CAESARS ENTERTAINMENT CORP (CZR): Free Stock Analysis Report

MELCO CROWN ENTERTAINMENT LTD AD (MPEL): Free Stock Analysis Report

CAESARS ACQUISITION CO CL A (CACQ): Free Stock Analysis Report

MGM RESORTS INTERNATIONAL (MGM): Free Stock Analysis Report


Zacks Investment Research