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.
世紀賭場股份有限公司（納斯達克：CNTY）股價繼續上升趨勢，週二上漲約65%，在過去一個月中上漲。
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.
根據JMP證券的說法，密蘇里州卡魯瑟斯維爾市的陸基設施的竣工標誌着該公司美國業務組合中「一輪併購和翻新週期」的結束。
Analyst Jordan Bender upgraded the rating for Century Casinos from Market Perform to Market Outperform, while establishing a price target of $5.
分析師Jordan Bender將世紀賭場的評級從「市場表現」升級到「市場表現優異」，同時設定了5美元的目標價格。
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.
世紀賭場觀點：Bender在升級說明中表示，隨着公司資本支出週期的結束，公司專注於執行很可能會在中期產生EBITDAR（利息、稅收、折舊、攤銷和重組成本前收入）增長。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
He expects Century Casinos' free cash flows to inflect $83 million from 2024 to 2026.
他預計世紀賭場的自由現金流將從2024年到2026年達到8300萬美元。
"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.
分析師寫道：「在3Q24電話會議期間的信息和評論相對於以往季度更積極，管理團隊看到了業務的多個領域出現了增長跡象。」
"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.
他進一步表示：「我們認爲2025年的發展勢頭良好，公司在疫情後實現了~13000萬美元資本支出週期的項目回報，同時波蘭的逆風在未來幾個季度內將穩定下來。」
Despite the recent upturn in the stock, expectations remained low, "leaving room for further upside," Bender said.
儘管股價最近有所反彈，但貝德爾表示預期仍然不高，「這留下了進一步上漲的空間。」
CNTY Price Action: Shares of Century Casinos had risen by 11.08% to $4.11 at the time of publication on Tuesday.
CNTY股價走勢：世紀賭場股票在週二發佈時上漲了11.08%，至4.11美元。
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Photo: Aidan Howe via Unsplash
照片：Aidan Howe通過Unsplash
