Captain Jacks Casino No Deposit Bonus g. So, too, would Resorts World at its Aqueduct racino. A weakened Cuomo may not be able to get – or stop – what he chooses this time around. Century Casinos (NASDAQ:CNTY) stock surged 9. chinook winds casino winners circle 43 percent on Friday, racing to a new 52-week high. mountaineer casino from here That came a day after the regional gaming company reported fourth-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) that beat Wall Street forecasts. Century Casino in Cripple Creek, Colo. peppermill casino sparks nv
Trends are looking up for the operator. 10 winning hands in poker (Image: Colorado Advantage)On Thursday, the Colorado-based gaming company reported adjusted EBITDA in the October through December period of . 7 million, up 227 percent from the year earlier period. winstar world casino check in time Temporary closures of the operator’s venues in Canada and Poland led to a miss of analysts’ revenue estimates. But investors clearly cheered the EBITDA beat and Century’s developing margin expansion story. We think CNTY remains an attractive way to invest in the margin expansion and pent-up demand thesis we have highlighted across our research, with shares trading at just ~7x despite most peers testing record multiples,” said Stifel analyst Steven Wieczynski in a note to clients Friday. Blackjack Online Multiplayer Xkha He rates Century stock a “buy” and boosted his price target on the name to from , implying upside of almost 20 percent from the March 12 close.
Key Insights and Expert Analysis
Investors appeared to applaud that revelation, as well as the shares climbing on more than double the average daily volume yestepromo code for san manuel online casinorday. free jackpot slot machine games hallmark casino sign up hard rock casino new york Plenty of Catalysts for Century StockUp nearly 116 percent over the past year, the regional gaming company is still one of the smallest publicly traded casino operators in the US, with a market capitalization of 6. 25 million. However, that metric belies what some market observers believe is a big-time story. poker casino montreal Including a possible sale of its Poland assets and the possibility of bolt-on purchases in the US, Century is seen as a catalyst-rich story among analysts. The company previously said it could go shopping for attractively priced domestic regional casinos in the back half of this year. free play reel king slot machines “The catalyst path to re-rate higher looks rich, with a Poland sale and further US acquisitions both potential 2021 events,” said Wieczynski.
In the US, Century’s roster consists of casinos in its home state of Colorado, as well as Missouri and West Virginia. Where Is Boulder Station Hotel Casino Located Saxh As of Dec. 31, 2020, the company had . black hawk casino winners 4 million in cash and cash equivalents on its balance sheet. That stockpile increased . 6 million in a year. Bullish OutlookCentury management noted margin expansion trends can prove long-lasting, and it’s optimistic that as more folks in the 55-and-up age demographic receive COVID-19 vaccinations, traffic trends at its US properties will continue improving.
“Management noted Q1 results in the US are encouraging thus far, though February was impacted by ~7-10 days of adverse weather. Hollywood Casino Los Angeles Uuab CNTY’s US assets are likely pacing ahead of our prior model,” said Wieczpromo code for san manuel online casinoynski. Century stock could use the benefit of a strong recovery at domestic gaming venues, because, as Wieczynski notes, Canadian casinos could remain closed until April 15, and it’s possible the Poland properties are shuttered again. Shares of Caesars Entertainment (NASDAQ:CZR) and Penn National Gaming (NASDAQ:PENN) are trading to the upside in Friday’s after-hours session. online gambling real money oklahoma mohegan sun casino bingo red stag casino no deposit That’s on news that the pair of high-flying gaming stocks are heading to the S&P 500. Caesars Palace Las Vegas. paragon casino kenny wayne shepherd That company and rival Penn National are joining the S&P 500. mgm casino 6d
(Image: Denise Truscello/National Real Estate Investor)In a statement issued after the close of US markets today, S&P Dow Jones Indices — curator of the S&P 500 — said Caesars and Penn are two of four stocks joining the widely followed equity gauge. Mgm Casino Wiki Rgbm Generac Holdings (NYSE:GNRC) and NXP Semiconductor


