Century Casinos, Inc. (NASDAQ:CNTY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Century Casinos, Inc. (NASDAQ:CNTY) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $3.6667.

Several research firms have commented on CNTY. Weiss Ratings reiterated a “sell (d-)” rating on shares of Century Casinos in a research note on Monday, December 29th. Stifel Nicolaus reduced their price target on shares of Century Casinos from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th.

Century Casinos Price Performance

Shares of CNTY stock opened at $1.53 on Tuesday. The company’s 50-day simple moving average is $1.47 and its two-hundred day simple moving average is $1.99. The company has a market capitalization of $45.04 million, a P/E ratio of -0.43 and a beta of 1.95. Century Casinos has a one year low of $1.23 and a one year high of $3.26. The company has a debt-to-equity ratio of 83.68, a current ratio of 1.44 and a quick ratio of 1.39.

Century Casinos (NASDAQ:CNTY) last announced its quarterly earnings results on Monday, November 10th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.07). The company had revenue of $153.72 million during the quarter, compared to analysts’ expectations of $165.70 million. Century Casinos had a negative net margin of 18.92% and a negative return on equity of 165.48%. As a group, equities analysts anticipate that Century Casinos will post -2.66 EPS for the current year.

Institutional Investors Weigh In On Century Casinos

Several large investors have recently bought and sold shares of CNTY. Legato Capital Management LLC acquired a new stake in Century Casinos during the fourth quarter worth approximately $25,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Century Casinos during the third quarter worth approximately $26,000. Franklin Resources Inc. acquired a new stake in shares of Century Casinos in the 3rd quarter worth $34,000. XTX Topco Ltd purchased a new stake in Century Casinos in the 2nd quarter valued at approximately $51,000. Finally, NewEdge Advisors LLC purchased a new position in Century Casinos in the third quarter worth $117,000. Hedge funds and other institutional investors own 66.36% of the company’s stock.

About Century Casinos

Century Casinos, Inc is an international gaming and entertainment company that owns and operates casino properties across North America and Europe. The company offers a full range of gaming services, including slot machines, table games, poker rooms and sports wagering, complemented by hotel accommodations, food and beverage outlets, live entertainment and meeting facilities.

In the United States, Century Casinos’ portfolio includes Century Casino & Hotel Cripple Creek and Century Casino & Hotel Central City in Colorado, as well as Century Casino Cape Girardeau in Missouri.