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Caesars Entertainment (CZR) Catches Eye: Stock Jumps 8.6%

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Caesars Entertainment Corporation (CZR - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% 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 for the company, as the stock is now down 62.4% in the past one-month time frame.

The company’s Zacks Consensus Estimate for the current quarter has moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Caesars Entertainment currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Caesars Entertainment Corporation Price

A better-ranked stock in the Gaming industry is Red Rock Resorts, Inc. (RRR - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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