Century Casinos, Inc. (NASDAQ:CNTY) has been assigned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $12.00.
Several analysts recently weighed in on the company. Stifel Nicolaus assumed coverage on Century Casinos in a research note on Wednesday, January 10th. They set a “buy” rating and a $13.00 target price for the company. Zacks Investment Research downgraded Century Casinos from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Finally, BidaskClub downgraded Century Casinos from a “buy” rating to a “hold” rating in a research note on Friday, January 5th.
NASDAQ:CNTY traded down $0.09 during mid-day trading on Friday, hitting $7.89. 244,153 shares of the company’s stock traded hands, compared to its average volume of 115,240. Century Casinos has a 12 month low of $6.28 and a 12 month high of $9.85. The company has a market cap of $224.04, a price-to-earnings ratio of 17.32, a PEG ratio of 0.82 and a beta of 0.02. The company has a quick ratio of 2.43, a current ratio of 2.45 and a debt-to-equity ratio of 0.27.
Century Casinos (NASDAQ:CNTY) last announced its earnings results on Friday, March 9th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.05). Century Casinos had a net margin of 4.06% and a return on equity of 7.35%. The business had revenue of $39.29 million for the quarter, compared to the consensus estimate of $39.83 million. analysts anticipate that Century Casinos will post 0.37 EPS for the current year.
A number of large investors have recently made changes to their positions in the stock. Driehaus Capital Management LLC acquired a new position in Century Casinos in the 4th quarter valued at approximately $6,294,000. AWM Investment Company Inc. acquired a new position in Century Casinos in the 4th quarter valued at approximately $6,163,000. Allianz Asset Management GmbH acquired a new position in Century Casinos in the 4th quarter valued at approximately $3,110,000. Millennium Management LLC raised its holdings in Century Casinos by 345.7% in the 4th quarter. Millennium Management LLC now owns 425,787 shares of the company’s stock valued at $3,887,000 after acquiring an additional 330,251 shares in the last quarter. Finally, Algert Global LLC acquired a new position in Century Casinos in the 4th quarter valued at approximately $2,290,000. Hedge funds and other institutional investors own 76.40% of the company’s stock.
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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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