Century Casinos (NASDAQ:CNTY) had its price objective trimmed by Stifel Nicolaus from $14.00 to $13.00 in a report published on Friday morning. The firm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. TheStreet upgraded shares of Century Casinos from a c+ rating to a b rating in a research report on Wednesday, May 16th. ValuEngine raised shares of Century Casinos from a hold rating to a buy rating in a report on Thursday, May 17th. BidaskClub raised shares of Century Casinos from a sell rating to a hold rating in a report on Wednesday, June 27th. Finally, Zacks Investment Research raised shares of Century Casinos from a sell rating to a hold rating in a report on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Century Casinos currently has an average rating of Hold and a consensus price target of $11.00.

Shares of Century Casinos traded up $0.16, reaching $8.13, during mid-day trading on Friday, according to MarketBeat Ratings. The stock had a trading volume of 115,452 shares, compared to its average volume of 79,707. The firm has a market cap of $224.63 million, a P/E ratio of 18.07, a PEG ratio of 1.06 and a beta of -0.10. Century Casinos has a 12 month low of $6.56 and a 12 month high of $9.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.25 and a quick ratio of 2.22.

Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings results on Wednesday, August 8th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.04). The firm had revenue of $39.65 million during the quarter, compared to the consensus estimate of $38.55 million. Century Casinos had a return on equity of 5.06% and a net margin of 2.20%. equities analysts anticipate that Century Casinos will post 0.29 earnings per share for the current year.

In other news, CEO Peter Hoetzinger sold 14,397 shares of the business’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $9.11, for a total value of $131,156.67. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Erwin Et Al Haitzmann sold 100,000 shares of the business’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $8.50, for a total transaction of $850,000.00. The disclosure for this sale can be found here. Insiders sold 218,794 shares of company stock worth $1,914,498 in the last three months. Insiders own 12.70% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in CNTY. Prudential Financial Inc. raised its stake in Century Casinos by 18.6% during the first quarter. Prudential Financial Inc. now owns 91,280 shares of the company’s stock valued at $681,000 after purchasing an additional 14,300 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in Century Casinos by 57.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 41,061 shares of the company’s stock valued at $306,000 after purchasing an additional 14,912 shares in the last quarter. Geode Capital Management LLC raised its stake in Century Casinos by 29.9% during the fourth quarter. Geode Capital Management LLC now owns 226,521 shares of the company’s stock valued at $2,068,000 after purchasing an additional 52,169 shares in the last quarter. Penn Capital Management Co. Inc. raised its stake in Century Casinos by 9.0% during the first quarter. Penn Capital Management Co. Inc. now owns 204,410 shares of the company’s stock valued at $1,525,000 after purchasing an additional 16,828 shares in the last quarter. Finally, Alambic Investment Management L.P. raised its stake in Century Casinos by 13.4% during the first quarter. Alambic Investment Management L.P. now owns 212,611 shares of the company’s stock valued at $1,586,000 after purchasing an additional 25,086 shares in the last quarter. 77.56% of the stock is currently owned by hedge funds and other institutional investors.

Century Casinos Company Profile

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 and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.

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