Brokerages Expect Century Casinos, Inc. (CNTY) to Post $0.10 Earnings Per Share
Shares of Century Casinos, Inc. (NASDAQ:CNTY) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $10.50 for the company and are forecasting that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also assigned Century Casinos an industry rank of 27 out of 265 based on the ratings given to its competitors.
CNTY has been the topic of a number of analyst reports. Zacks Investment Research cut Century Casinos from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Roth Capital initiated coverage on Century Casinos in a report on Wednesday, September 20th. They set a “buy” rating and a $11.00 target price on the stock.
Shares of Century Casinos (CNTY) traded down $0.05 during trading hours on Friday, reaching $9.00. The company’s stock had a trading volume of 62,736 shares, compared to its average volume of 70,196. The firm has a market cap of $221.47, a PE ratio of 15.50 and a beta of -0.22. The company has a current ratio of 1.75, a quick ratio of 1.76 and a debt-to-equity ratio of 0.33. Century Casinos has a 52-week low of $6.28 and a 52-week high of $9.50.
Century Casinos (NASDAQ:CNTY) last announced its earnings results on Monday, November 6th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.21. The firm had revenue of $41.05 million for the quarter, compared to analysts’ expectations of $39.10 million. Century Casinos had a return on equity of 9.75% and a net margin of 9.53%. equities analysts anticipate that Century Casinos will post 0.36 EPS for the current year.
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Institutional investors have recently modified their holdings of the business. OxFORD Asset Management LLP purchased a new position in shares of Century Casinos during the 2nd quarter worth $285,000. Thrivent Financial For Lutherans purchased a new position in shares of Century Casinos during the 2nd quarter worth $288,000. Martingale Asset Management L P purchased a new position in shares of Century Casinos during the 2nd quarter worth $1,026,000. New York State Common Retirement Fund lifted its stake in shares of Century Casinos by 7.0% during the 2nd quarter. New York State Common Retirement Fund now owns 404,934 shares of the company’s stock worth $2,984,000 after purchasing an additional 26,338 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Century Casinos by 5.2% during the 1st quarter. Geode Capital Management LLC now owns 158,617 shares of the company’s stock worth $1,199,000 after purchasing an additional 7,792 shares during the period. 73.82% of the stock is currently owned by institutional investors.
About Century Casinos
Century Casinos, Inc is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc (Century Bets).
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