Professional
Added to YB: 2024-03-08
Pitch date: 2024-03-06
CZR [bullish]
Caesars Entertainment, Inc.
-41.52%
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
$41.06
Price Target
75.00 (+206%)
Dividend
N/A
EV/EBITDA
8.03
P/E
-28.15
EV/Sales
2.70
Sector
Hotels, Restaurants and Leisure
Category
growth
Caesars Seeing Expanding Digital Revenue and Profitability Amid Intense Competition
CZR: Strong digital growth w/ intense competition; successful M&A track record but no moat due to low US barriers; $40B US iGaming opp by '27; debt/liquidity risks; exemplary capital allocation; FVE $75 on mid-30s% EBITDA margins & 10x EV/EBITDA
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