JMP Securities upgraded shares of Century Casinos (NASDAQ:CNTY - Free Report) from a market perform rating to an outperform rating in a research report report published on Tuesday morning, Marketbeat Ratings reports. JMP Securities currently has $5.00 price target on the stock.
Separately, Macquarie reduced their price objective on Century Casinos from $5.00 to $4.00 and set an "outperform" rating for the company in a research report on Friday, August 9th.
Check Out Our Latest Stock Report on Century Casinos
Century Casinos Stock Up 8.4 %
Shares of CNTY traded up $0.31 during trading hours on Tuesday, reaching $4.01. The company's stock had a trading volume of 361,830 shares, compared to its average volume of 140,126. The company has a 50 day moving average of $2.64 and a two-hundred day moving average of $2.66. The company has a quick ratio of 1.91, a current ratio of 1.96 and a debt-to-equity ratio of 6.22. Century Casinos has a 1-year low of $1.94 and a 1-year high of $5.05. The firm has a market cap of $123.04 million, a price-to-earnings ratio of -1.76 and a beta of 2.55.
Century Casinos (NASDAQ:CNTY - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.24) by ($0.02). Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. The firm had revenue of $155.70 million during the quarter, compared to the consensus estimate of $158.10 million. During the same period in the prior year, the business earned ($0.47) EPS. As a group, research analysts predict that Century Casinos will post -2.33 EPS for the current fiscal year.
Institutional Trading of Century Casinos
Several large investors have recently added to or reduced their stakes in the company. Sei Investments Co. acquired a new stake in Century Casinos in the second quarter worth about $32,000. Quadrature Capital Ltd bought a new stake in shares of Century Casinos in the 1st quarter valued at about $51,000. Virtu Financial LLC acquired a new stake in shares of Century Casinos in the first quarter valued at approximately $66,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Century Casinos during the second quarter worth approximately $103,000. Finally, Empowered Funds LLC increased its position in Century Casinos by 8.1% during the first quarter. Empowered Funds LLC now owns 66,935 shares of the company's stock worth $212,000 after acquiring an additional 5,042 shares during the period. 66.36% of the stock is owned by institutional investors.
About Century Casinos
(
Get Free Report)
Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.
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