Caesars Entertainment, Inc. operates as a gaming and hospitality company. It owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. The company also operates and conducts online gaming, retail and online sports wagering across 42 jurisdictions in North America, and iGaming in five jurisdictions in North America; sports betting from retail and online sportsbooks; and other games, such as keno. In addition, it operates casinos, dining venues, bars, nightclubs, lounges, hotels, and entertainment venues; and provides staffing and management services. The company was founded in 1937 and is based in Reno, Nevada.
Analyst Outlook | Analysts maintain cautious optimism with price targets ranging from $45 to $54, reflecting mixed views on Caesars' ability to navigate industry challenges and leverage growth opportunities |
Vegas Volatility | Delve into Caesars' challenges in Las Vegas, including recent underperformance, and strategies to capitalize on convention schedules and international travel recovery |
Debt Dilemma | Explore Caesars' strategic shift towards debt reduction, aiming to slash $2 billion in two years, potentially unlocking shareholder value and improving financial flexibility |
Digital Dominance | Caesars' digital segment shows impressive growth, with iGaming revenue surging over 50% in recent quarters, positioning the company as a formidable player in online gaming |
Metrics to compare | CZR | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipCZRPeersSector | |
|---|---|---|---|---|
P/E Ratio | −11.1x | 12.6x | 10.9x | |
PEG Ratio | 0.13 | −0.04 | 0.02 | |
Price / Book | 1.6x | 3.2x | 1.4x | |
Price / LTM Sales | 0.5x | 1.0x | 0.9x | |
Upside (Analyst Target) | 24.6% | 26.1% | 28.3% | |
Fair Value Upside | Unlock | 21.5% | 10.2% | Unlock |