Caesars Entertainment Corporation (CZR) was a big mover last session, as the company saw its shares rise by nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $10.53 to $11.51 since Jan 30, 2015.
The company has seen no estimate revisions over the past one month, while its Zacks Consensus Estimate has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future to see if yesterday’s jump can turn into more strength down the road.
Caesars Entertainment currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked gaming stock is Churchill Downs Inc. (CHDN), holding a Zacks Rank #2 (Buy).
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