Century Casinos Inc. (NASDAQ:CNTY) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokerages have set a twelve-month consensus target price of $7.50 for the company and are anticipating that the company will post $0.09 EPS for the current quarter, according to Zacks. Zacks has also given Century Casinos an industry rank of 160 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Century Casinos from a “sell” rating to a “hold” rating in a report on Wednesday, July 6th.
A number of institutional investors have recently modified their holdings of the company. Acadian Asset Management LLC boosted its position in shares of Century Casinos by 895.4% in the first quarter. Acadian Asset Management LLC now owns 224,616 shares of the company’s stock worth $1,385,000 after buying an additional 202,051 shares in the last quarter. Mesirow Financial Investment Management US Value Equity purchased a new stake in shares of Century Casinos during the first quarter valued at approximately $199,000. Spark Investment Management LLC purchased a new stake in shares of Century Casinos during the first quarter valued at approximately $141,000. AXA raised its stake in shares of Century Casinos by 97.8% in the first quarter. AXA now owns 65,340 shares of the company’s stock valued at $402,000 after buying an additional 32,300 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Century Casinos by 6.3% in the first quarter. Geode Capital Management LLC now owns 118,406 shares of the company’s stock valued at $729,000 after buying an additional 7,067 shares during the last quarter. 74.53% of the stock is currently owned by hedge funds and other institutional investors.
Century Casinos (NASDAQ:CNTY) traded down 1.47% during trading on Wednesday, reaching $6.70. The company had a trading volume of 25,525 shares. The stock has a market capitalization of $163.71 million, a price-to-earnings ratio of 21.61 and a beta of -0.18. Century Casinos has a 1-year low of $5.34 and a 1-year high of $7.84. The firm has a 50-day moving average of $6.47 and a 200-day moving average of $6.18.
Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings results on Friday, August 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.13 by $0.04. Century Casinos had a return on equity of 5.95% and a net margin of 5.68%. The company had revenue of $35.20 million for the quarter, compared to the consensus estimate of $36.44 million. On average, analysts anticipate that Century Casinos will post $0.36 EPS for the current fiscal year.
Century Casinos Company Profile
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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