Century Casinos (NASDAQ:CNTY) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b” rating in a report released on Wednesday.
Several other research firms have also commented on CNTY. Zacks Investment Research raised shares of Century Casinos from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. ValuEngine raised shares of Century Casinos from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, BidaskClub lowered shares of Century Casinos from a “hold” rating to a “sell” rating in a research report on Tuesday, February 6th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Century Casinos presently has a consensus rating of “Hold” and an average target price of $11.00.
Century Casinos opened at $8.62 on Wednesday, according to Marketbeat. Century Casinos has a 52 week low of $8.45 and a 52 week high of $8.45. The stock has a market cap of $246.06 million, a PE ratio of 19.16, a price-to-earnings-growth ratio of 0.92 and a beta of 0.02. The company has a quick ratio of 2.22, a current ratio of 2.25 and a debt-to-equity ratio of 0.26.
Century Casinos (NASDAQ:CNTY) last released its quarterly earnings results on Wednesday, May 9th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.02). Century Casinos had a net margin of 3.17% and a return on equity of 6.15%. The business had revenue of $40.62 million for the quarter, compared to analysts’ expectations of $38.15 million. sell-side analysts forecast that Century Casinos will post 0.37 EPS for the current fiscal year.
In other news, CEO Erwin Et Al Haitzmann sold 41,872 shares of the company’s stock in a transaction dated Friday, May 11th. The shares were sold at an average price of $8.43, for a total transaction of $352,980.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 14.50% of the stock is owned by corporate insiders.
Several large investors have recently made changes to their positions in CNTY. Citadel Advisors LLC bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $100,000. Engineers Gate Manager LP bought a new position in shares of Century Casinos during the 1st quarter valued at approximately $106,000. Connors Investor Services Inc. bought a new position in shares of Century Casinos during the 1st quarter valued at approximately $149,000. Strs Ohio bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $151,000. Finally, Stifel Financial Corp grew its stake in shares of Century Casinos by 88.7% during the 1st quarter. Stifel Financial Corp now owns 24,876 shares of the company’s stock valued at $187,000 after acquiring an additional 11,690 shares during the period. Institutional investors own 77.99% of the company’s stock.
Century Casinos Company Profile
Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.
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