Century Casinos Stock Today

CNTY Stock  USD 2.91  0.23  7.32%   

Performance

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Odds Of Distress

Less than 46

 
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About Average
Century Casinos is trading at 2.91 as of the 19th of April 2024; that is -7.32 percent decrease since the beginning of the trading day. The stock's open price was 3.14. Century Casinos has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Century Casinos are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
10th of November 1993
Category
Consumer Cyclical
Classification
Consumer Discretionary
Century Casinos, Inc. operates as a casino entertainment company in the United States, Canada, and Poland. The company was founded in 1992 and is based in Colorado Springs, Colorado. Century Casinos operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. The company has 30.36 M outstanding shares of which 1.31 M shares are currently shorted by private and institutional investors with about 6.72 trading days to cover. More on Century Casinos

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Century Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Century Casinos' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Century Casinos or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman and Co-CEOErwin Haitzmann
Thematic IdeaCasinos (View all Themes)
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Century Casinos report their recommendations after researching Century Casinos' financial statements, talking to executives and customers, or listening in on Century Casinos' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Century Casinos. The Century consensus assessment is calculated by taking the average forecast from all of the analysts covering Century Casinos.
Financial Strength
Based on the key indicators related to Century Casinos' liquidity, profitability, solvency, and operating efficiency, Century Casinos is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Century Casinos is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.390.4047
Sufficiently Down
Pretty Stable
Gross Profit Margin0.470.3844
Fairly Up
Slightly volatile
Total Current Liabilities98.3 M93.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.1 B1.1 B
Sufficiently Up
Slightly volatile
Total Assets1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets217.4 M207 M
Sufficiently Up
Slightly volatile
Century Casinos' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Century Casinos' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Century Casinos' financial leverage. It provides some insight into what part of Century Casinos' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Century Casinos' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Century Casinos deploys its capital and how much of that capital is borrowed.
Liquidity
Century Casinos cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.02 B in liabilities with Debt to Equity (D/E) ratio of 4.19, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Century Casinos has a current ratio of 3.79, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Century Casinos until it has trouble settling it off, either with new capital or with free cash flow. So, Century Casinos' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Century Casinos sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Century to invest in growth at high rates of return. When we think about Century Casinos' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

157.35 Million
Century Casinos (CNTY) is traded on NASDAQ Exchange in USA. It is located in 455 East Pikes Peak Avenue, Colorado Springs, CO, United States, 80903 and employs 3,243 people. Century Casinos is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 88.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Century Casinos's market, we take the total number of its shares issued and multiply it by Century Casinos's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Century Casinos conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 30.36 M outstanding shares of which 1.31 M shares are currently shorted by private and institutional investors with about 6.72 trading days to cover. Century Casinos currently holds about 96.17 M in cash with 26.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Century Casinos Probability Of Bankruptcy
Ownership Allocation
Century Casinos retains a total of 30.36 Million outstanding shares. The majority of Century Casinos outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Century Casinos to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Century Casinos. Please pay attention to any change in the institutional holdings of Century Casinos as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Century Ownership Details

Century Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Century Casinos jumping above the current price in 90 days from now is about 75.04%. The Century Casinos probability density function shows the probability of Century Casinos stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2301 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Century Casinos will likely underperform. Additionally, century Casinos has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.91HorizonTargetOdds Above 2.91
24.86%90 days
 2.91 
75.04%
Based on a normal probability distribution, the odds of Century Casinos to move above the current price in 90 days from now is about 75.04 (This Century Casinos probability density function shows the probability of Century Stock to fall within a particular range of prices over 90 days) .

Century Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Century Casinos that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Century Casinos' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Century Casinos' value.
InstituionRecorded OnShares
State Street Corporation2023-12-31
522.7 K
Franklin Resources Inc2023-12-31
392.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
331.4 K
Northern Trust Corp2023-12-31
240.3 K
Dimensional Fund Advisors, Inc.2023-12-31
223.4 K
Formula Growth Ltd2023-12-31
200 K
Ameriprise Financial Inc2023-12-31
195.9 K
Renaissance Technologies Corp2023-12-31
186.9 K
Bank Of New York Mellon Corp2023-12-31
150.8 K
Royce & Associates, Lp2023-12-31
2.5 M
Blackrock Inc2023-12-31
M
View Century Casinos Diagnostics

Century Casinos Historical Income Statement

Century Casinos Income Statement is one of the three primary financial statements used for reporting Century's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Century Casinos revenue and expense. Century Casinos Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Century Casinos' Net Income Applicable To Common Shares is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 5.1 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 88.4 M in 2024. View More Fundamentals

Century Stock Against Markets

Picking the right benchmark for Century Casinos stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Century Casinos stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Century Casinos is critical whether you are bullish or bearish towards Century Casinos at a given time. Please also check how Century Casinos' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Century Casinos without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Century Casinos Corporate Directors

Century Casinos corporate directors refer to members of a Century Casinos board of directors. The board of directors generally takes responsibility for the Century Casinos' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Century Casinos' board members must vote for the resolution. The Century Casinos board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Eduard BergerIndependent DirectorProfile
Robert EichbergIndependent DirectorProfile
Dinah CorbaciIndependent DirectorProfile
Gottfried SchellmannIndependent DirectorProfile

How to buy Century Stock?

Before investing in Century Casinos, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Century Casinos. To buy Century Casinos stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Century Casinos. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Century Casinos stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Century Casinos stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Century Casinos stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Century Casinos, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Century Stock please use our How to Invest in Century Casinos guide.

Already Invested in Century Casinos?

The danger of trading Century Casinos is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Century Casinos is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Century Casinos. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Century Casinos is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Century Casinos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Casinos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Century Casinos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Casinos Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Casinos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Century Stock please use our How to Invest in Century Casinos guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Century Casinos' price analysis, check to measure Century Casinos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Century Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.
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Is Century Casinos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Century Casinos. If investors know Century will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Century Casinos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Earnings Share
(0.93)
Revenue Per Share
18.174
Quarterly Revenue Growth
0.386
Return On Assets
0.0366
The market value of Century Casinos is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Casinos' value that differs from its market value or its book value, called intrinsic value, which is Century Casinos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Century Casinos' market value can be influenced by many factors that don't directly affect Century Casinos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Casinos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Casinos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Casinos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.