Shares of Century Casinos, Inc. (NASDAQ:CNTY) have been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $11.00 for the company and are anticipating that the company will post $0.10 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Century Casinos an industry rank of 22 out of 265 based on the ratings given to related companies.
A number of equities research analysts have issued reports on the company. Zacks Investment Research raised Century Casinos from a “hold” rating to a “strong-buy” rating and set a $9.00 price target for the company in a research report on Monday, November 20th. Roth Capital assumed coverage on Century Casinos in a research report on Wednesday, September 20th. They set a “buy” rating and a $11.00 price target for the company.
A number of hedge funds have recently bought and sold shares of the business. TIAA CREF Investment Management LLC boosted its position in shares of Century Casinos by 1.3% in the first quarter. TIAA CREF Investment Management LLC now owns 69,500 shares of the company’s stock worth $525,000 after buying an additional 912 shares during the period. Prudential Financial Inc. boosted its position in shares of Century Casinos by 4.7% in the second quarter. Prudential Financial Inc. now owns 75,280 shares of the company’s stock worth $554,000 after buying an additional 3,400 shares during the period. Teachers Advisors LLC boosted its position in shares of Century Casinos by 10.8% in the second quarter. Teachers Advisors LLC now owns 37,554 shares of the company’s stock worth $277,000 after buying an additional 3,668 shares during the period. Northern Trust Corp boosted its position in shares of Century Casinos by 1.8% in the second quarter. Northern Trust Corp now owns 228,948 shares of the company’s stock worth $1,687,000 after buying an additional 4,022 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Century Casinos by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 23,207 shares of the company’s stock worth $171,000 after buying an additional 4,044 shares during the period. 72.52% of the stock is owned by hedge funds and other institutional investors.
Century Casinos (NASDAQ CNTY) traded up $0.01 during mid-day trading on Monday, reaching $8.47. The company’s stock had a trading volume of 105,900 shares, compared to its average volume of 82,854. Century Casinos has a 1 year low of $6.28 and a 1 year high of $9.50. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.73 and a current ratio of 1.75. The stock has a market capitalization of $207.28, a P/E ratio of 14.60 and a beta of -0.22.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings results on Monday, November 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.21. Century Casinos had a return on equity of 9.75% and a net margin of 9.53%. The firm had revenue of $41.05 million during the quarter, compared to the consensus estimate of $39.10 million. equities analysts predict that Century Casinos will post 0.38 earnings per share for the current fiscal year.
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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