
Century Casinos (CNTY) Stock Forecast & Price Target
Century Casinos (CNTY) Analyst Ratings
Bulls say
Century Casinos has demonstrated a positive financial trajectory, with EBITDAR at its Cape Girardeau location increasing by 11% year-over-year, driven by rising hotel and food and beverage revenues from an expanding customer base. Additionally, the company's U.S. EBITDAR reached $1.1 million, reflecting a 6% year-over-year growth, and it remains on track to generate free cash flow, signaling financial resilience despite recent quarterly fluctuations. With recent investments, such as the $52 million conversion of the Caruthersville property, and anticipated improved weather conditions in spring, the company is poised for further growth in both EBITDAR and free cash flow into 2025.
Bears say
Century Casinos Inc. faces a challenging financial landscape, as evidenced by its recent earnings report, which highlighted a 4% quarter-over-quarter decline in EBITDAR and a substantial year-over-year decrease of 17%, despite a 50% year-over-year comparison. The company's growth drivers are projected to improve in mid-2025, but earnings power remains depressed until 2026, primarily due to underperformance at the Nugget Casino and ongoing seasonality effects. Additionally, the cannibalization of slot revenue from legalized iGaming in certain states has further exacerbated the company's operational struggles, indicating persistent headwinds that could dampen future performance.
This aggregate rating is based on analysts' research of Century Casinos and is not a guaranteed prediction by Public.com or investment advice.
Century Casinos (CNTY) Analyst Forecast & Price Prediction
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