Caesars awaits creditor nod on sweetened deal for bankrupt unit

Herman Weaver
September 23, 2016

The company reported the earnings of $-0.35/Share in the last quarter where the estimated EPS by analysts was $-0.35/share. At present, 0 analysts recommended Selling these shares while 1 recommended Hold, according to FactSet data. The stock is now trading at Distance from 20-Day Simple Moving Average of -3.48% while its Distance from 50-Day Simple Moving Average is -5.37 Percent. The difference between Actual EPS and Estimated EPS was $0.05/share. CGP LLC is a casino asset and entertainment company focused on acquiring and developing a portfolio of operating assets, and equity and debt investments in the gaming and interactive entertainment industries. For the past 5 years, the company's revenue has grown 6.7%, while the company's earnings per share has grown 10.7%. 1 rated the company as a "Hold".

Sales Estimates: Wall Street Analysts are estimating average sales of $2,493.14M for current quarter (Quarter Ending Sep-16). They are projecting Next Quarter growth of -76.2%. CZR's value Change from Open was at 20.15% with a Gap of 0.49%. It has been suggested as "Buy Opinions" from 0 and 0 issued "Sell Thoughts" for the stock. They now have a Dollars 13.5 price target on the stock. 2 Analysts reported that the Price Target for Caesars Entertainment Corporation might touch $9 high while the Average Price Target and Low price Target is $8 and $7 respectively. Imperial Capital analysts downgraded the stock to In-line from Outperform. The stock now shows the Market Capitalization of 32.84 Billion. (NASDAQ:CZR) closed the recent trading day at $9.78 with +20.74%. The company has a market cap of $1.45B and now has 148M shares outstanding. The stock's market capitalization is 1.76B, it has a 52-week low of 4.48 and a 52-week high of 13.00. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 44.88% where SMA50 and SMA200 are 38.27% and 35.44% respectively.

Hugoton Royalty Trust (NYSE:HGT) traded 297351 shares on last trading day with closing price of $2.75.

The Relative Volume of the company is 5.07 and Average Volume (3 months) is 1.05 million. (BBBY) recently recorded 0.74 percent change and now at $43.43 is 5.87 percent away from its 52-week low and down -29.43 percent versus its peak. The stock has a weekly performance of 42.77 percent and is 23.95 percent year-to-date as of the recent close.

While if we look at the Earnings Track Record, Caesars Entertainment Corporation (CZR) managed to surpass quarterly earnings per share estimates in 1 of the trailing three fiscal years, and has a positive trend with an average surprise of 8%. EPS ratio considered by looking at last twelve month figures is -7.61.

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