Shares of Century Casinos Inc. (NASDAQ:CNTY) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus target price of $7.50 for the company and are forecasting that the company will post $0.09 EPS for the current quarter, according to Zacks. Zacks has also given Century Casinos an industry rank of 158 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Century Casinos from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th.
A number of institutional investors have recently modified their holdings of CNTY. Jacobs Levy Equity Management Inc. raised its position in shares of Century Casinos by 198.7% in the first quarter. Jacobs Levy Equity Management Inc. now owns 35,250 shares of the company’s stock valued at $217,000 after buying an additional 23,450 shares in the last quarter. Mesirow Financial Investment Management US Value Equity purchased a new position in shares of Century Casinos during the first quarter valued at about $199,000. AXA raised its position in shares of Century Casinos by 97.8% in the first quarter. AXA now owns 65,340 shares of the company’s stock valued at $402,000 after buying an additional 32,300 shares in the last quarter. Boston Partners raised its position in shares of Century Casinos by 1.9% in the second quarter. Boston Partners now owns 86,600 shares of the company’s stock valued at $540,000 after buying an additional 1,600 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Century Casinos by 32.1% in the first quarter. Renaissance Technologies LLC now owns 568,000 shares of the company’s stock valued at $3,499,000 after buying an additional 137,900 shares in the last quarter. Hedge funds and other institutional investors own 74.53% of the company’s stock.
Shares of Century Casinos (NASDAQ:CNTY) opened at 6.91 on Wednesday. Century Casinos has a 52 week low of $5.34 and a 52 week high of $7.84. The firm’s 50-day moving average price is $6.52 and its 200 day moving average price is $6.19. The company has a market cap of $168.84 million, a P/E ratio of 22.29 and a beta of -0.32.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Friday, August 5th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by $0.04. The business earned $35.20 million during the quarter, compared to the consensus estimate of $36.44 million. Century Casinos had a return on equity of 5.95% and a net margin of 5.68%. On average, equities analysts predict that Century Casinos will post $0.36 EPS for the current fiscal year.
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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