Caesars Entertainment (CZR) has accrued positive attention recently on account of its digital growth and strong cash flow, as noted in a recent buy rating. Shares of the company have been purchased by notable entities such as Private Wealth Partners LLC and Osborne Partners Capital Management LLC, while also adopting two Independent Directors. Despite a hefty dip in the first quarter, firm is making strides in the form of proprietary online casino games and innovative endeavors, such as its Caesars Palace Signature Multihand Blackjack Surrender. However, it has also faced challenges, with shares falling 3.9% in one week, contributing to three-year losses amounting to 44%. Despite this setback, analysts see CZR as a promising long-term investment, a viewpoint backed by bettors like David Tepper and Carl Icahn. Although Q1 earnings resulted in a 20.1% price decrease, share prices still increased by 3.69% by June 18. On a community level, CZR has been recognized as one of the 50 most community-minded companies in the U.S for the 11th consecutive year. However, stagnation in Q4 sales below Analyst Estimates coupled with a potential three-year loss of 44% has led some to label CZR as a 'Show-Me' story.
Caesars Entertainment CZR News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Fri, 20 Jun 2025 15:04:00 GMT - Rating 5 - Innovation 4 - Information 7 - Rumor -3
