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.

Clown or Clowns Reportedly Spotted Luring Kids into the Woods
All three locations where clowns were reported are in very residential areas near parks, local ABC affiliate WTVD reported. Some of those reports involved a clown allegedly trying to lure children into wooded areas by offering treats.

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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