Last Updated: 16 Sep 2024
Executive Summary
Century Casinos Inc. (CNTY) is a casino entertainment company with a market capitalization of $78.85 million. The company has been facing financial challenges, with a negative EPS of -$2.63 and a profit margin of -0.137. However, the company's revenue has grown by 0.071% year-over-year, and analysts have a positive outlook on its long-term prospects. The current stock price is $2.57, which is below the analyst target price of $4.
Company Overview
Century Casinos Inc. is headquartered in Colorado Springs, Colorado, and operates casinos in the United States, Canada, and Poland. The company's casinos offer a variety of gaming options, including slot machines, table games, and poker. Century Casinos also owns and operates hotels, restaurants, and other amenities.
Fundamental Analysis
Revenue: Century Casinos' revenue has grown by 0.071% year-over-year to $587.39 million. The company's revenue is primarily driven by its casino operations.
Earnings: Century Casinos has a negative EPS of -$2.63. The company's earnings have been impacted by a number of factors, including increased competition and rising costs.
Profitability: Century Casinos' profit margin is -0.137. The company's profitability has been impacted by its negative earnings.
Balance Sheet: Century Casinos has a strong balance sheet with $102.04 million in EBITDA. The company's debt-to-equity ratio is 0.45.
Technical Analysis
Support: Century Casinos' stock price is currently trading above its 50-day moving average of $2.461 and its 200-day moving average of $3.113. This indicates that the stock is in an uptrend.
Resistance: The stock price is facing resistance at $4. This is the analyst target price and the stock's 52-week high.
Short Term Outlook
In the short term, Century Casinos' stock price is likely to continue to trade in a range between $2.461 and $4. The stock could break out of this range if it can overcome the resistance at $4.
Long Term Outlook
Analysts have a positive outlook on Century Casinos' long-term prospects. The company's revenue is growing, and it is expected to benefit from the legalization of sports betting in the United States.
Analyst Recommendations
One analyst has a Strong Buy rating on Century Casinos, one analyst has a Buy rating, and one analyst has a Hold rating. The average analyst target price is $4.
