Century Casinos (NASDAQ:CNTY) Earns Buy Rating from Roth Capital

Roth Capital reiterated their buy rating on shares of Century Casinos (NASDAQ:CNTY) in a research report report published on Wednesday, Price Targets.com reports.

Separately, Zacks Investment Research downgraded shares of Century Casinos from a buy rating to a hold rating in a research note on Monday, January 10th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Century Casinos presently has a consensus rating of Buy and a consensus target price of $15.67.

CNTY stock opened at $10.86 on Wednesday. The company has a market capitalization of $321.56 million, a PE ratio of 14.48 and a beta of 2.99. Century Casinos has a one year low of $6.43 and a one year high of $16.44. The company’s 50 day moving average price is $13.27 and its two-hundred day moving average price is $13.28. The company has a debt-to-equity ratio of 3.19, a quick ratio of 2.15 and a current ratio of 2.17.

Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings results on Friday, November 5th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.27 by $0.09. The firm had revenue of $116.61 million for the quarter, compared to the consensus estimate of $109.80 million. Century Casinos had a net margin of 6.39% and a return on equity of 17.61%. During the same period last year, the firm posted $0.13 earnings per share. On average, research analysts predict that Century Casinos will post 0.75 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC purchased a new position in shares of Century Casinos in the second quarter worth $38,000. Citigroup Inc. increased its stake in shares of Century Casinos by 143.8% in the third quarter. Citigroup Inc. now owns 3,160 shares of the company’s stock worth $43,000 after buying an additional 1,864 shares during the period. BNP Paribas Arbitrage SA increased its stake in shares of Century Casinos by 459.0% in the third quarter. BNP Paribas Arbitrage SA now owns 5,903 shares of the company’s stock worth $80,000 after buying an additional 4,847 shares during the period. Metropolitan Life Insurance Co NY purchased a new position in shares of Century Casinos in the first quarter worth $86,000. Finally, SG Americas Securities LLC bought a new stake in Century Casinos in the third quarter valued at $126,000. 70.26% of the stock is currently owned by institutional investors.

Century Casinos Company Profile

Century Casinos, Inc is an international casino entertainment company, which engages in the development and operation of gaming establishments, lodging, restaurant, horse racing, and entertainment facilities. It operates through the following segments: Canada, United States, Poland, and Corporate and Other.

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