Century Casinos (NASDAQ:CNTY – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.02), RTT News reports. The firm had revenue of $155.70 million for the quarter, compared to the consensus estimate of $158.10 million. Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. During the same period last year, the company posted ($0.47) earnings per share.
Century Casinos Stock Performance
NASDAQ:CNTY traded down $0.01 during trading hours on Wednesday, reaching $3.96. The company had a trading volume of 50,058 shares, compared to its average volume of 139,718. The firm has a market cap of $121.50 million, a price-to-earnings ratio of -1.63 and a beta of 2.55. The company has a current ratio of 1.96, a quick ratio of 1.91 and a debt-to-equity ratio of 6.22. Century Casinos has a 52 week low of $1.94 and a 52 week high of $5.05. The firm’s 50 day moving average price is $2.67 and its 200-day moving average price is $2.66.
Analysts Set New Price Targets
A number of research firms have commented on CNTY. Stifel Nicolaus upped their price target on Century Casinos from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Tuesday. StockNews.com raised shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Tuesday. Macquarie reduced their target price on Century Casinos from $5.00 to $4.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. Finally, JMP Securities upgraded Century Casinos from a “market perform” rating to an “outperform” rating and set a $5.00 target price for the company in a research note on Tuesday.
About Century Casinos
Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.
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