Century Casinos (NASDAQ:CNTY) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday, December 20th.
Several other research firms have also commented on CNTY. Zacks Investment Research lowered shares of Century Casinos from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 1st. Roth Capital assumed coverage on shares of Century Casinos in a research note on Wednesday, September 20th. They set a “buy” rating and a $11.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.58.
Shares of Century Casinos (NASDAQ:CNTY) traded up $0.10 during trading hours on Wednesday, reaching $9.67. 173,748 shares of the company were exchanged, compared to its average volume of 130,518. The stock has a market cap of $234.20, a PE ratio of 16.39 and a beta of -0.20. Century Casinos has a one year low of $6.28 and a one year high of $9.85. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.73 and a current ratio of 1.75.
Century Casinos (NASDAQ:CNTY) last released its quarterly earnings data on Monday, November 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.21. Century Casinos had a net margin of 9.53% and a return on equity of 9.75%. The firm had revenue of $41.05 million for the quarter, compared to analysts’ expectations of $39.10 million. equities research analysts predict that Century Casinos will post 0.36 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its stake in shares of Century Casinos by 34.2% in the first quarter. Goldman Sachs Group Inc. now owns 20,821 shares of the company’s stock worth $157,000 after purchasing an additional 5,304 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Century Casinos by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 23,207 shares of the company’s stock worth $171,000 after acquiring an additional 4,044 shares during the last quarter. Hancock Holding Co. bought a new position in shares of Century Casinos during the second quarter worth $171,000. Rhumbline Advisers boosted its position in shares of Century Casinos by 39.5% during the second quarter. Rhumbline Advisers now owns 23,414 shares of the company’s stock worth $173,000 after acquiring an additional 6,625 shares during the last quarter. Finally, Numeric Investors LLC bought a new position in shares of Century Casinos during the second quarter worth $203,000. 63.46% of the stock is owned by institutional investors and hedge funds.
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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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