Analysts Are Pretty Bullish … Century Casinos (NASDAQ:CNTY)

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Earnings results for Century Casinos (NASDAQ:CNTY)

Century Casinos, Inc. is expected* to report earnings on 11/06/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.14. The reported EPS for the same quarter last year was $0.02.

Century Casinos last released its earnings results on August 7th, 2020. The reported ($0.42) EPS for the quarter, beating the consensus estimate of ($0.67) by $0.25. The firm had revenue of $36.10 million for the quarter, compared to analysts’ expectations of $26 million. Century Casinos has generated ($0.65) earnings per share over the last year. Century Casinos has confirmed that its next quarterly earnings report will be published on Friday, November 6th, 2020.

Analyst Opinion on Century Casinos (NASDAQ:CNTY)

3 Wall Street analysts have issued ratings and price targets for Century Casinos in the last 12 months. Their average twelve-month price target is $10.00, predicting that the stock has a possible upside of 83.15%. The high price target for CNTY is $11.00 and the low price target for CNTY is $9.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Century Casinos has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $10.00, Century Casinos has a forecasted upside of 83.2% from its current price of $5.46. Century Casinos has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Century Casinos (NASDAQ:CNTY)

Century Casinos does not currently pay a dividend. Century Casinos does not have a long track record of dividend growth.

Insiders buying/selling: Century Casinos (NASDAQ:CNTY)

In the past three months, Century Casinos insiders have not sold or bought any company stock. Only 13.20% of the stock of Century Casinos is held by insiders. 61.35% of the stock of Century Casinos is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Century Casinos (NASDAQ:CNTY

Earnings for Century Casinos are expected to grow in the coming year, from ($1.82) to $0.70 per share. The P/E ratio of Century Casinos is -2.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Century Casinos is -2.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Century Casinos has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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