Equities analysts expect Century Casinos, Inc. (NASDAQ:CNTY) to post $51.90 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Century Casinos’ earnings, with the lowest sales estimate coming in at $51.20 million and the highest estimate coming in at $52.60 million. Century Casinos posted sales of $45.11 million during the same quarter last year, which suggests a positive year over year growth rate of 15.1%. The firm is scheduled to announce its next earnings report on Monday, March 9th.
On average, analysts expect that Century Casinos will report full year sales of $202.85 million for the current year, with estimates ranging from $202.20 million to $203.50 million. For the next fiscal year, analysts forecast that the firm will report sales of $376.40 million, with estimates ranging from $314.10 million to $438.70 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that follow Century Casinos.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). The firm had revenue of $52.94 million for the quarter, compared to analysts’ expectations of $53.65 million. Century Casinos had a net margin of 0.76% and a return on equity of 0.87%.
Shares of CNTY stock traded up $0.02 during trading on Friday, reaching $7.96. The company’s stock had a trading volume of 9,584 shares, compared to its average volume of 85,304. The company has a market cap of $238.53 million, a price-to-earnings ratio of 72.36, a price-to-earnings-growth ratio of 4.32 and a beta of 0.86. Century Casinos has a one year low of $6.45 and a one year high of $10.41. The business has a fifty day moving average price of $7.76 and a 200-day moving average price of $8.51. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 0.53.
In related news, VP Timothy Allen Wright sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $8.99, for a total value of $44,950.00. Following the sale, the vice president now owns 5,000 shares of the company’s stock, valued at $44,950. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Dinah Corbaci sold 14,000 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $8.56, for a total transaction of $119,840.00. Following the completion of the sale, the director now directly owns 21,300 shares in the company, valued at approximately $182,328. The disclosure for this sale can be found here. 12.00% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in CNTY. Tower Research Capital LLC TRC acquired a new stake in shares of Century Casinos in the third quarter valued at about $40,000. First Interstate Bank acquired a new stake in shares of Century Casinos during the third quarter worth $49,000. Acadian Asset Management LLC acquired a new stake in shares of Century Casinos during the second quarter worth $57,000. Metropolitan Life Insurance Co NY bought a new position in Century Casinos during the first quarter worth $86,000. Finally, Cadence Capital Management LLC bought a new position in Century Casinos during the third quarter worth $104,000. 83.20% of the stock is currently owned by hedge funds and other institutional investors.
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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