Resorts and Casinos Stocks Under Scanner -- Melco Crown Entertainment, Royal Caribbean Cruises, Caesars Entertainment, and Pinnacle Entertainment

NEW YORK, February 15, 2017 /PRNewswire/ --

This morning's research on Stock-Callers.com brings investors' attention to these four Resorts and Casinos stocks: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Royal Caribbean Cruises Ltd (NYSE: RCL), Caesars Entertainment Corp. (NASDAQ: CZR), and Pinnacle Entertainment Inc. (NASDAQ: PNK). According to data provided by betting and gaming market intelligence firm H2 Gambling Capital, the global gambling industry generated $385 billion in profit in 2016. You can access our complimentary research reports on these stocks now at:

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Melco Crown Entertainment  

Central, Hong Kong headquartered Melco Crown Entertainment Ltd's shares rose 0.34%, finishing Tuesday's trading session at $17.53. A total volume of 5.16 million shares was traded, which was above their three months average volume of 4.49 million shares. The stock has advanced 9.60% in the past month, 11.28% in the previous three months, and 19.12% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 9.32% and 21.77%, respectively. Moreover, shares of Melco Crown Entertainment, which through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia, have a Relative Strength Index (RSI) of 62.99.

On February 13^th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'.

On February 14^th, 2017, Melco Crown announced that it will file its unaudited financial results for Q4 and year ended December 31^st, 2016 on Form 6-K with the US Securities and Exchange Commission on February 16^th, 2017, to be followed by a conference call on the same day at 8:30 a.m. ET. Visit us today and download your complete report on MPEL for free at:

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Royal Caribbean Cruises  

On Tuesday, shares in Miami, Florida headquartered Royal Caribbean Cruises Ltd recorded a trading volume of 906,714 shares, and ended the session 0.02% higher at $96.52. The stock has gained 13.43% in the last one month, 18.75% in the previous three months, and 17.65% on an YTD basis. The Company's shares are trading 10.98% above their 50-day moving average and 26.59% above their 200-day moving average. Furthermore, shares of Royal Caribbean Cruises, which operates as a cruise company, have an RSI of 74.79.

On January 30^th, 2017, research firm Argus upgraded the Company's stock rating from 'Hold' to 'Buy'.

On February 07^th, 2017, Royal Caribbean Cruises' Board of Directors declared a quarterly dividend of $0.48 per common share payable on April 05^th, 2017, to shareholders of record at the close of business on March 07^th, 2017. The complimentary research report on RCL can be accessed at:

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Caesars Entertainment  

Las Vegas, Nevada-based Caesars Entertainment Corp.'s stock closed the day flat at $8.80 with a total trading volume of 718,749 shares. The Company's shares have gained 21.38% in the previous three months and 3.53% on an YTD basis. The stock is trading 3.81% and 15.35% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Caesars Entertainment, which through its subsidiaries, provides casino-entertainment and hospitality services in the US and internationally, have an RSI of 49.93.

On February 14^th, 2017, Caesars Entertainment's net revenues increased 3.0% y-o-y to $949 million. The Company's net loss, before including the effect of noncontrolling interest, was $435 million compared to a net loss of $39 million in Q4 2015 mainly due to a $426 million accrual related to the restructuring of Caesars Entertainment's operating company. For Q4 2016, Caesars Entertainment's adjusted EBITDA grew 10.6% y-o-y to $250 million. Register for free on Stock-Callers.com and download the PDF research report on CZR at:

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Pinnacle Entertainment  

At the closing bell yesterday, shares in Las Vegas, Nevada headquartered Pinnacle Entertainment Inc. ended 0.12% higher at $16.25 with a total trading volume of 378,033 shares. The stock has advanced 15.41% in the last one month, 18.18% over the previous three months, and 12.07% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 9.82% and 30.34%, respectively. Furthermore, shares of Pinnacle Entertainment, which engages in ownership, operation, and development of casinos and related hospitality and entertainment businesses, have an RSI of 71.66.

On February 09^th, 2017, Pinnacle Entertainment announced that it will release its Q4 2016 and full year 2016 financial results on February 22^nd, 2017 prior to the market opening, followed by a conference call on the same day at 10:00 a.m. ET.

On February 10^th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock, with a target price of $17 per share. Get free access to your research report on PNK at:

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