Added to YB: 2024-09-03
Pitch date: 2024-08-20
CZR [bullish]
Caesars Entertainment, Inc.
-34.45%
current return
Author Info
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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
$36.63
Price Target
80.00 (+226%)
Dividend
N/A
EV/EBITDA
8.03
P/E
-28.15
EV/Sales
2.70
Sector
Hotels, Restaurants and Leisure
Category
value
Why Caesars is extremely attractive at this price point
CZR: Undervalued at 8.15x FCF. $80 PT (108% upside). Strong regional & Vegas assets, growing digital biz. Debt concerns overblown due to lease accounting. Non-core asset sales to reduce leverage. Icahn involved. Management executing well post-Eldorado merger. Synergies realized. Digital segment potential $500M EBITDA by 2025.
Read full article (13 min)