MGM - Caesars: Sector Leaders In A SWOT Analysis Turn Up A Strategy Insight
2024-04-21 09:53:52 ET
Summary
- CZR, MGM, and LVS could be valued as a single entity, compensating for each other's weaknesses and creating a more attractive growth arc.
- Comparing the combined price of the trio to Disney, the trio appears to be a better investment in terms of returns.
- The trio earned 7 times more in EPS in 2023 compared to Disney, challenging the conventional wisdom of investing in casino stocks.
Premise: We conducted a SWOT analysis ( S trengths, W eaknesses, O pportunities, T hreats) with our consulting associates in an effort to value the shares of Caesars Entertainment, Inc. (CZR) relative to peers. Our previous view was that CZR had fallen far below what we considered fair value. Last December, CZR traded at $48 when we posted a price target of $66 for some time later this year....
Caesars: Sector Leaders In A SWOT Analysis Turn Up A Strategy Insight