BidaskClub lowered shares of Century Casinos (NASDAQ:CNTY) from a strong-buy rating to a buy rating in a report published on Saturday, December 30th.
CNTY has been the topic of a number of other research reports. Zacks Investment Research raised Century Casinos from a hold rating to a strong-buy rating and set a $9.00 price objective on the stock in a research note on Monday, November 20th. Roth Capital started coverage on 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 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. Century Casinos presently has a consensus rating of Hold and an average target price of $10.58.
Century Casinos (NASDAQ:CNTY) opened at $9.50 on Friday. Century Casinos has a 52-week low of $6.28 and a 52-week high of $9.85. The firm has a market capitalization of $272.86, a price-to-earnings ratio of 16.38 and a beta of -0.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.75 and a quick ratio of 1.73.
Century Casinos (NASDAQ:CNTY) last announced its quarterly earnings results on Monday, November 6th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.21. Century Casinos had a return on equity of 9.75% and a net margin of 9.53%. The business had revenue of $41.05 million during the quarter, compared to analysts’ expectations of $39.10 million. sell-side analysts forecast that Century Casinos will post 0.54 EPS for the current year.
A number of large investors have recently modified their holdings of the business. Cornerstone Capital Management Holdings LLC. boosted its stake in Century Casinos by 36.7% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 85,272 shares of the company’s stock worth $699,000 after buying an additional 22,900 shares during the last quarter. Macquarie Group Ltd. acquired a new stake in Century Casinos in the 3rd quarter worth about $275,000. Russell Investments Group Ltd. boosted its stake in Century Casinos by 131.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 121,067 shares of the company’s stock worth $994,000 after buying an additional 68,767 shares during the last quarter. Bessemer Group Inc. boosted its stake in Century Casinos by 17.1% in the 3rd quarter. Bessemer Group Inc. now owns 48,700 shares of the company’s stock worth $400,000 after buying an additional 7,100 shares during the last quarter. Finally, Boston Partners boosted its stake in Century Casinos by 62.4% in the 3rd quarter. Boston Partners now owns 135,260 shares of the company’s stock worth $1,110,000 after buying an additional 51,960 shares during the last quarter. 63.46% of the stock is currently owned by hedge funds and other institutional investors.
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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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