Century Casinos (NASDAQ:CNTY) Announces Earnings Results

Century Casinos (NASDAQ:CNTY - Get Free Report) posted its earnings results on Monday. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.07), Zacks reports. Century Casinos had a negative return on equity of 72.39% and a negative net margin of 18.43%.The firm had revenue of $157.95 million during the quarter, compared to the consensus estimate of $165.70 million.Get Century Casinos alerts:Century Casinos Price PerformanceNASDAQ CNTY traded up $0.12 on Tuesday, reaching $1.73. The company's stock had a trading volume of 56,970 shares, compared to its average volume of 74,850. Century Casinos has a twelve month low of $1.30 and a twelve month high of $5.09. The company has a debt-to-equity ratio of 20.62, a quick ratio of 1.37 and a current ratio of 1.42. The firm's 50 day moving average is $2.40 and its two-hundred day moving average is $2.25. The stock has a market cap of $51.93 million, a PE ratio of -0.50 and a beta of 1.96. Institutional Trading of Century CasinosSeveral institutional investors and hedge funds have recently added to or reduced their stakes in CNTY. Goldman Sachs Group Inc. boosted its holdings in Century Casinos by 35.8% during the first quarter. Goldman Sachs Group Inc. now owns 117,594 shares of the company's stock worth $199,000 after buying an additional 30,998 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Century Casinos during the 2nd quarter valued at $51,000. Finally, Mink Brook Asset Management LLC lifted its position in shares of Century Casinos by 13.3% during the 2nd quarter. Mink Brook Asset Management LLC now owns 136,001 shares of the company's stock valued at $288,000 after acquiring an additional 16,004 shares during the last quarter. 66.36% of the stock is owned by institutional investors and hedge funds. Analyst Upgrades and DowngradesA number of research analysts have issued reports on CNTY shares. JMP Securities set a $3.00 price target on Century Casinos in a research report on Friday, July 18th. Weiss Ratings restated a "sell (d-)" rating on shares of Century Casinos in a research note on Wednesday, November 5th. Stifel Nicolaus set a $4.00 target price on shares of Century Casinos in a research report on Tuesday, October 21st. Finally, Citigroup reissued a "market outperform" rating on shares of Century Casinos in a research note on Friday, July 18th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $5.00.View Our Latest Research Report on Century CasinosCentury Casinos Company Profile (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.Read MoreFive stocks we like better than Century CasinosWhat is Forex and How Does it Work? Down 25%, Is Defense Darling Kratos an Attractive Opportunity? What Are Dividend Contenders? Investing in Dividend ContendersRumble’s $767M Acquisition Marks Bold Pivot Into AI InfrastructureRussell 2000 Index, How Investors Use it For Profitable TradingSoftBank Exits NVIDIA—So What? Analysts Still See More UpsideThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Century Casinos Right Now?Before you consider Century Casinos, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Century Casinos wasn't on the list.While Century Casinos currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here