With over 0.1 million Century Casinos Inc. (CNTY) shares trading Monday and a closing price of $8.40 on the day, the dollar volume was approximately $0.86 million. The shares have shown a positive half year performance of 3.70% and its price on 01/23/23 gained nearly 7.97%. Currently, there are 29.86M common shares owned by the public and among those 27.03M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for CNTY have a consensus price objective of $11.80. The analysts have set the share’s price value over the next 12 months at a high of $13.00 and a low of $10.00. The average price target is 30.0% above its recent price level and an upside to the estimated low will see the stock gain 16.0% over that period. But an upside of 35.38% will see the stock hit the forecast high price target while median target price for the stock is $12.00.
Insiders at the company have transacted a total of 16 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 12 of these insider trades were purchases, accounting for 270,807 shares. Insider sales of the common stock occurred on 4 occasions, with total insider shares sold totaling 30,434 shares.
The top 3 mutual fund holders in Century Casinos Inc. are Janus Henderson Small Cap Value F, Candoris ICAV – Orchard US Small, and Vanguard Total Stock Market Index. Janus Henderson Small Cap Value F owns 2.09 million shares of the company’s stock, all valued at over $14.66 million. Vanguard Total Stock Market Index now owns shares totaling to 2.95% of the shares outstanding.
Shares of Century Casinos Inc. (NASDAQ: CNTY) opened at $7.83, up $0.05 from a prior closing price of $7.78. However, the script later moved the day high at 8.45, up 7.97%. The company’s stock has a 5-day price change of 5.40% and 20.00% over the past three months. CNTY shares are trading 19.49% year to date (YTD), with the 12-month market performance down to -17.97% lower. It has a 12-month low price of $6.10 and touched a high of $13.55 over the same period. CNTY has an average intraday trading volume of 61.15K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.31%, 12.27%, and 4.51% respectively.
Institutional ownership of Century Casinos Inc. (NASDAQ: CNTY) shares accounts for 73.60% of the company’s 29.86M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $243.18M and a beta (3y monthly) value of 2.58. The stock’s trailing 12-month PE ratio is 16.67, while the earnings-per-share (ttm) stands at $0.50. The company has a PEG of 0.67 and a Quick Ratio of 4.00 with the debt-to-equity ratio at 4.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.49% over the week and 4.71% over the month.
Analysts forecast that Century Casinos Inc. (CNTY) will achieve an EPS of $0.18 for the current quarter, $0.15 for the next quarter and $0.81 for 2023. The lowest estimate earnings-per-share for the quarter is $0.11 while analysts give the company a high EPS estimate of $0.23. Comparatively, EPS for the current quarter was $0.36 a year ago. Earnings per share for the fiscal year are expected to increase by 140.50%, and 80.00% over the next financial year. EPS should grow at an annualized rate of 25.00% over the next five years, compared to 12.00% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Century Casinos Inc. (CNTY) as a “Strong Buy” at a consensus score of 1.80. Specifically, 5 Wall Street analysts polled rate the stock as a buy, while 0 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the CNTY, a number of firms have released research notes about the stock. JMP Securities stated their Mkt Outperform rating for the stock in a research note on July 26, 2022, with the firm’s price target at $15. B. Riley Securities coverage for the Century Casinos Inc. (CNTY) stock in a research note released on April 28, 2021 offered a Buy rating with a price target of $18. Stifel was of a view on December 10, 2020 that the stock is Buy, while Stifel gave the stock Buy rating on August 10, 2018, issuing a price target of $14- $13. Stifel on their part issued Buy rating on January 10, 2018.