Added to YB: 2024-08-16
Pitch date: 2024-07-29
CZR [bullish]
Caesars Entertainment, Inc.
-32.87%
current return
Author Info
No bio for this author
Company Info
Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company 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.
Market Cap
$5.4B
Pitch Price
$36.54
Price Target
100.00 (+308%)
Dividend
N/A
EV/EBITDA
8.03
P/E
-28.15
EV/Sales
2.70
Sector
Hotels, Restaurants and Leisure
Category
value
JDP Capital Survivor & Thriver Fund Portfolio Holding: Caesars Entertainment, Inc.
CZR: Leading casino/hotel co. w/ 52 properties & growing online gaming biz (5% US mkt share). 20%+ FCF yield, $1.5B+ FCF potential in 2025. Catalysts: 4 new casinos, online gaming profitability, potential $1.5B+ Centaur sale-leaseback, land sales, 20%+ buyback, debt reduction. Risks: consumer slowdown, high leverage. $100+ PT. Mgmt focused on shareholder value.
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