Added to YB: 2024-04-17
Pitch date: 2024-02-26
CZR [bullish]
Caesars Entertainment, Inc.
-40.65%
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
$41.33
Price Target
150.00 (+511%)
Dividend
N/A
EV/EBITDA
8.03
P/E
-28.15
EV/Sales
2.70
Sector
Hotels, Restaurants and Leisure
Category
special_situation
CAESARS January 2026 $60 strike call option - $CZR
CZR: Caesars set for inflection in 2024 w/ likely Centaur assets sale to VICI for $2.1B-$2.5B in next 6 mos. Delevering & share buybacks to drive re-rating from low $30s to $50s near-term, $150 long-term. Jan '26 $60c @ $6 offer 14x return potential.
Read full article (6 min)