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Stocks To Track: Caesars Entertainment Corporation (CZR), LKQ Corporation (LKQ), Scripps Networks Interactive, Inc. (SNI)

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Caesars Entertainment Corporation (CZR) climbed 4.55% during last trading as the stock added $0.4 to finish the day at $9.2 with about 1.63M shares changing hands, compared to its three month average trading volume of 891.28K. The $1.38B market cap company, which fluctuated between $8.5 and $9.4 during the day, currently situated 70.69% above its 52 week low of $5.39 and -15.13% away from its one year high of $10.84. The RSI of 61.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. It operates in three segments: Caesars Entertainment Resort Properties, Caesars Growth Partners Casino Properties and Developments, and Caesars Interactive Entertainment. The company owns, operates, or manages casinos; and operates Harrah’s Atlantic City Waterfront Conference Center and The LINQ Hotel & Casino for casino guests visiting for gaming and other casino entertainment options, and non-casino guests visiting for other purposes. It operates 14,000 slot machines and 1,200 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company’s casinos, as well as banquets and room service. As of December 31, 2015, the company owned and operated 12 casinos. It also manages 28 casino properties owned by Caesars Entertainment Operating Company, Inc.; and 10 casinos owned by unrelated third parties. In addition, the company operates online gaming business that provides social games on Facebook and other social media Websites, and mobile application platforms, as well as various real money games in Nevada and New Jersey. Further, it owns the World Series of Poker tournaments and brand, and licenses trademarks for various products and businesses related to this brand. Additionally, the company engages in the third-party leasing of arrangements at its casino properties; provides various retail and entertainment offerings in its casinos, as well as The LINQ promenade, an open-air dining, entertainment, and retail development; and operates The High Roller, a 550-foot observation wheel. The company was formerly known as Harrah’s Entertainment Inc. and changed its name to Caesars Entertainment Corporation in November 2010. Caesars Entertainment Corporation was founded in 1937 and is based in Las Vegas, Nevada.

LKQ Corporation (LKQ) gained $0.26 to close the day at a new closing price of $31.92, a 0.82% increase in value from its previous closing price that moved the stock 28.55% above its 52 week low of $24.43. A total of 1.63M shares exchanged hands during the day compared with its three month average trading volume of 1.89M. The stock, which fluctuated between $31.37 and $32.06 during the day, currently situated -12.19% below its 52 week high. The stock is up by 1.01% in the past one month and down by -1.85% over the past three months. With a one year target estimate of $38.91 and RSI of 54.23, the stock still has upside potential, making it a hold for now.

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, and internationally. It operates in five segments: Wholesale – North America; Europe; Specialty; Glass; and Self Service. The company distributes various products, including aftermarket collision and mechanical products; recycled collision and mechanical products; and refurbished collision products, including wheels, bumper covers and lights, and remanufactured engines. It also offers recycled products, such as engines, transmissions, and door assemblies; sheet metal products comprising trunk lids, fenders and hoods, lights, and bumper assemblies; and refurbish products consisting of wheels, lights, plastic bumpers, and chrome bumpers, as well as heavy-duty truck products. In addition, the company sells scrap metal and other materials to recyclers; and extracts and sells the precious metals contained in various of recycled parts, such as catalytic converters. Further, it sells parts from older cars and light-duty trucks directly to consumers; and operates self service retail facilities that sell recycled automotive products from end-of-life-vehicles under the LKQ Pick Your Part name. Additionally, the company distributes and markets trucks and off-roads; speed and performance, and towing equipment and accessories; recreational vehicles; wheels, tires, and performance handling products; and miscellaneous accessories. It also manufactures and distributes automotive glass products; and distributes specialty vehicle aftermarket products and accessories. It primarily serves collision and mechanical repair shops, new and used car dealerships, metal recyclers, and specialty vehicle retailers and equipment installers, as well as retail customers. The company was founded in 1998 and is headquartered in Chicago, Illinois.

Scripps Networks Interactive, Inc. (SNI) had a light trading with around 1.62M shares changing hands compared to its three month average trading volume of 970.64K. The stock traded between $76.92 and $77.86 before closing at the price of $77.18 with 0.36% change on the day. The Knoxville Tennessee 37932 based company is currently trading 47.31% above its 52 week low of $54.1 and -1.71% below its 52 week high of $78.52. Both the RSI indicator and target price of 62.87 and $71.94 respectively, lead us to believe that it should be put on hold over the coming weeks.

Scripps Networks Interactive, Inc. develops lifestyle-oriented content for linear and interactive video platforms in the United States, the United Kingdom and other European markets, the Middle East and Africa, the Asia-Pacific, and Latin America. The company delivers content that focuses on specifically defined topics of interest for audiences and advertisers. It operates national television networks, including Home and Garden Television (HGTV), Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country; and Websites comprising HGTV.com, FoodNetwork.com, TravelChannel.com, DIYNetwork.com, CookingChanneltv.com, and GACTV.com that are associated with the aforementioned television brands and other Internet-based businesses serving home, food, and travel related categories. The company also operates a portfolio of free-to-air and pay-TV lifestyle, and entertainment networks internationally, including TVN, TVN24, TVN Style, TTV, TVN Turbo, TVN24 Biznes i Swiat, and TVN Media. In addition, it licenses its content to third parties; and brands for consumer products, such as videos, books, kitchenware, and tools. Scripps Networks Interactive, Inc. is headquartered in Knoxville, Tennessee.

 

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