Analysts expect Century Casinos, Inc. (NASDAQ:CNTY) to announce $0.06 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Century Casinos’ earnings, with the lowest EPS estimate coming in at $0.05 and the highest estimate coming in at $0.07. Century Casinos posted earnings of $0.01 per share during the same quarter last year, which would suggest a positive year over year growth rate of 500%. The business is expected to issue its next earnings report on Wednesday, August 14th.
On average, analysts expect that Century Casinos will report full year earnings of $0.32 per share for the current fiscal year, with EPS estimates ranging from $0.27 to $0.36. For the next fiscal year, analysts anticipate that the business will post earnings of $0.64 per share, with EPS estimates ranging from $0.56 to $0.72. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Century Casinos.
Century Casinos (NASDAQ:CNTY) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.04 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.04. Century Casinos had a net margin of 2.03% and a return on equity of 1.99%. The company had revenue of $45.61 million for the quarter, compared to analyst estimates of $44.10 million.
A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of CGI from a “buy” rating to a “hold” rating in a research report on Wednesday, June 19th. TheStreet lowered shares of Whitestone REIT from a “b-” rating to a “c+” rating in a research report on Monday, April 1st. Craig Hallum set a $12.00 price target on shares of Century Casinos and gave the company a “buy” rating in a research report on Monday, June 17th. Finally, BidaskClub raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Thursday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $11.67.
Shares of NASDAQ:CNTY traded down $0.26 during trading on Tuesday, reaching $9.32. The stock had a trading volume of 63,957 shares, compared to its average volume of 185,782. Century Casinos has a 52 week low of $5.77 and a 52 week high of $10.41. The stock has a market capitalization of $274.37 million, a price-to-earnings ratio of 77.67, a price-to-earnings-growth ratio of 1.18 and a beta of 0.74. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.08 and a quick ratio of 1.07. The firm’s fifty day moving average is $9.41.
A number of hedge funds have recently made changes to their positions in CNTY. WINTON GROUP Ltd increased its position in Century Casinos by 66.0% during the 2nd quarter. WINTON GROUP Ltd now owns 24,262 shares of the company’s stock worth $235,000 after buying an additional 9,646 shares during the period. Metropolitan Life Insurance Co NY bought a new position in Century Casinos during the 1st quarter worth $86,000. MetLife Investment Advisors LLC bought a new position in Century Casinos during the 1st quarter worth $120,000. Royce & Associates LP increased its position in Century Casinos by 2.5% during the 1st quarter. Royce & Associates LP now owns 1,777,370 shares of the company’s stock worth $16,103,000 after buying an additional 42,800 shares during the period. Finally, Boston Partners increased its position in Century Casinos by 85.5% during the 1st quarter. Boston Partners now owns 1,018,051 shares of the company’s stock worth $9,224,000 after buying an additional 469,351 shares during the period. 80.45% of the stock is currently owned by institutional investors and hedge funds.
About Century Casinos
Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America, England, and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.
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