Century Casinos Sees 'Green Shoots Across Several Areas Within Its Business,' Says Bullish Analyst
Century Casinos Sees 'Green Shoots Across Several Areas Within Its Business,' Says Bullish Analyst
Century Casinos, Inc. (NASDAQ:CNTY) shares continued an upward trajectory Tuesday, after climbing around 65% over the past month.
世纪赌场股份有限公司（纳斯达克：CNTY）股价继续上升趋势，周二上涨约65%，在过去一个月中上涨。
The completion of the land-based facility in Caruthersville, Missouri, marked the end of "an M&A and refurbishment cycle" across the company's U.S. portfolio, according to JMP Securities.
根据JMP证券的说法，密苏里州卡鲁瑟斯维尔市的陆基设施的竣工标志着该公司美国业务组合中“一轮并购和翻新周期”的结束。
Analyst Jordan Bender upgraded the rating for Century Casinos from Market Perform to Market Outperform, while establishing a price target of $5.
分析师Jordan Bender将世纪赌场的评级从“市场表现”升级到“市场表现优异”，同时设定了5美元的目标价格。
The Century Casinos Thesis: With the end of its capex cycle, the company's focus on execution would likely generate EBITDAR (earnings before interest, taxes, depreciation, amortization and restructuring costs) growth in the medium-term, Bender said in the upgrade note.
世纪赌场观点：Bender在升级说明中表示，随着公司资本支出周期的结束，公司专注于执行很可能会在中期产生EBITDAR（利息、税收、折旧、摊销和重组成本前收入）增长。
Check out other analyst stock ratings.
查看其他分析师的股票评级。
He expects Century Casinos' free cash flows to inflect $83 million from 2024 to 2026.
他预计世纪赌场的自由现金流将从2024年到2026年达到8300万美元。
"The color and commentary during the 3Q24 call were incrementally more positive compared to prior quarters, as management is seeing green shoots across several areas within its business," the analyst wrote.
分析师写道：“在3Q24电话会议期间的信息和评论相对于以往季度更积极，管理团队看到了业务的多个领域出现了增长迹象。”
"We believe the momentum bodes well for 2025 as the company captures project returns stemming from the ~$130M capex cycle post-pandemic, while Polish headwinds stabilize in the coming quarters," he further stated.
他进一步表示：“我们认为2025年的发展势头良好，公司在疫情后实现了~13000万美元资本支出周期的项目回报，同时波兰的逆风在未来几个季度内将稳定下来。”
Despite the recent upturn in the stock, expectations remained low, "leaving room for further upside," Bender said.
尽管股价最近有所反弹，但贝德尔表示预期仍然不高，“这留下了进一步上涨的空间。”
CNTY Price Action: Shares of Century Casinos had risen by 11.08% to $4.11 at the time of publication on Tuesday.
CNTY股价走势：世纪赌场股票在周二发布时上涨了11.08%，至4.11美元。
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Photo: Aidan Howe via Unsplash
照片：Aidan Howe通过Unsplash
