Monarch Casino Resort Stock Buy Hold or Sell Recommendation

MCRI Stock  USD 74.99  0.82  1.11%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Monarch Casino Resort is 'Strong Hold'. Macroaxis provides Monarch Casino buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MCRI positions. The advice algorithm takes into account all of Monarch Casino's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Monarch Casino's buy or sell advice are summarized below:
Real Value
71.49
Target Price
74
Hype Value
73.93
Market Value
74.99
Naive Value
73.48
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Monarch Casino Resort given historical horizon and risk tolerance towards Monarch Casino. When Macroaxis issues a 'buy' or 'sell' recommendation for Monarch Casino Resort, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Monarch Casino Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Monarch and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Monarch Casino Buy or Sell Advice

The Monarch recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Monarch Casino Resort. Macroaxis does not own or have any residual interests in Monarch Casino Resort or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Monarch Casino's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Monarch CasinoBuy Monarch Casino
Strong Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Monarch Casino Resort has a Risk Adjusted Performance of 0.0766, Jensen Alpha of 0.0324, Total Risk Alpha of (0.11), Sortino Ratio of 0.0058 and Treynor Ratio of 0.165
Macroaxis provides unbiased advice on Monarch Casino Resort that should be used to complement current analysts and expert consensus on Monarch Casino. Our investment recommendation engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Monarch Casino Resort is not overpriced, please verify all Monarch Casino Resort fundamentals, including its book value per share, retained earnings, and the relationship between the cash and equivalents and target price . Given that Monarch Casino Resort has a price to earning of 19.20 X, we recommend you to check Monarch Casino market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Monarch Casino Trading Alerts and Improvement Suggestions

Monarch Casino is unlikely to experience financial distress in the next 2 years
The company currently holds 20.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Monarch Casino Resort has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Monarch Casino until it has trouble settling it off, either with new capital or with free cash flow. So, Monarch Casino's 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 Monarch Casino Resort sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Monarch to invest in growth at high rates of return. When we think about Monarch Casino's use of debt, we should always consider it together with cash and equity.
Monarch Casino has a strong financial position based on the latest SEC filings
About 63.0% of Monarch Casino shares are owned by institutional investors
On 15th of March 2024 Monarch Casino paid $ 0.3 per share dividend to its current shareholders
Latest headline from zacks.com: Disposition of 66668 shares by John Farahi of Monarch Casino at 9.33 subject to Rule 16b-3

Monarch Casino Returns Distribution Density

The distribution of Monarch Casino's historical returns is an attempt to chart the uncertainty of Monarch Casino's future price movements. The chart of the probability distribution of Monarch Casino daily returns describes the distribution of returns around its average expected value. We use Monarch Casino Resort price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Monarch Casino returns is essential to provide solid investment advice for Monarch Casino.
Mean Return
0.14
Value At Risk
-2.28
Potential Upside
2.07
Standard Deviation
1.10
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Monarch Casino historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Monarch Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Monarch Casino is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Monarch Casino Resort backward and forwards among themselves. Monarch Casino's institutional investor refers to the entity that pools money to purchase Monarch Casino's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
American Century Companies Inc2023-12-31
232.5 K
Td Global Investment Solutions – Td Epoch2023-12-31
216.4 K
Fmr Inc2023-12-31
193.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
180 K
Dimensional Fund Advisors, Inc.2023-12-31
162.3 K
Northern Trust Corp2023-12-31
149.1 K
Goldman Sachs Group Inc2023-12-31
147.9 K
Advisory Research Inc2023-12-31
123.7 K
Charles Schwab Investment Management Inc2023-12-31
107.4 K
Blackrock Inc2023-12-31
2.2 M
Davenport & Company Llc2023-12-31
1.2 M
Note, although Monarch Casino's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Monarch Casino Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash30.1M(32.2M)5.2M5.3M4.6M4.8M
Free Cash Flow(62.1M)(57.2M)81.2M100.3M124.0M130.2M
Depreciation14.9M17.3M38.4M43.4M47.3M49.7M
Other Non Cash Items727K1.1M1.4M1.6M699K734.0K
Capital Expenditures125.4M88.7M46.9M39.5M49.0M30.8M
Net Income31.8M23.7M68.5M87.5M82.4M86.6M
End Period Cash Flow60.5M28.3M33.5M38.8M43.4M45.5M
Change To Inventory(3.0M)(1.1M)664K(399K)(56K)(58.8K)
Change To Netincome9.5M19.9M11.0M8.7M10.0M5.9M
Change Receivables92K1.1M1.6M(5.4M)(4.9M)(4.6M)
Net Borrowings101.8M(16.6M)(92.5M)(83M)(74.7M)(71.0M)
Investments(134.9M)(46.4M)(37.8M)(48.0M)(51.2M)(53.8M)

Monarch Casino Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Monarch Casino or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Monarch Casino's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Monarch stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.03
β
Beta against NYSE Composite0.80
σ
Overall volatility
1.13
Ir
Information ratio 0.01

Monarch Casino Volatility Alert

Monarch Casino Resort has relatively low volatility with skewness of -0.48 and kurtosis of 0.71. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Monarch Casino's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Monarch Casino's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Monarch Casino Fundamentals Vs Peers

Comparing Monarch Casino's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Monarch Casino's direct or indirect competition across all of the common fundamentals between Monarch Casino and the related equities. This way, we can detect undervalued stocks with similar characteristics as Monarch Casino or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Monarch Casino's fundamental indicators could also be used in its relative valuation, which is a method of valuing Monarch Casino by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Monarch Casino to competition
FundamentalsMonarch CasinoPeer Average
Return On Equity0.16-0.31
Return On Asset0.11-0.14
Profit Margin0.16 %(1.27) %
Operating Margin0.22 %(5.51) %
Current Valuation1.38 B16.62 B
Shares Outstanding18.97 M571.82 M
Shares Owned By Insiders30.18 %10.09 %
Shares Owned By Institutions63.13 %39.21 %
Number Of Shares Shorted476.01 K4.71 M
Price To Earning19.20 X28.72 X
Price To Book2.74 X9.51 X
Price To Sales2.80 X11.42 X
Revenue501.48 M9.43 B
Gross Profit318.09 M27.38 B
EBITDA163.36 M3.9 B
Net Income82.45 M570.98 M
Cash And Equivalents33.14 M2.7 B
Cash Per Share1.75 X5.01 X
Total Debt20.42 M5.32 B
Debt To Equity0.08 %48.70 %
Current Ratio0.58 X2.16 X
Book Value Per Share26.88 X1.93 K
Cash Flow From Operations173.05 M971.22 M
Short Ratio2.90 X4.00 X
Earnings Per Share4.20 X3.12 X
Price To Earnings To Growth1.89 X4.89 X
Target Price72.5
Number Of Employees2.9 K18.84 K
Beta1.67-0.15
Market Capitalization1.4 B19.03 B
Total Asset690.38 M29.47 B
Retained Earnings467.85 M9.33 B
Working Capital(48.4 M)1.48 B
Note: Disposition of 66668 shares by John Farahi of Monarch Casino at 9.33 subject to Rule 16b-3 [view details]

Monarch Casino Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Monarch . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Monarch Casino Buy or Sell Advice

When is the right time to buy or sell Monarch Casino Resort? Buying financial instruments such as Monarch Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total102.4M20.6M20.4M19.4M
Total Assets690.5M692.9M690.4M724.9M

Use Investing Ideas to Build Portfolios

In addition to having Monarch Casino in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Single Stock ETFs
Single Stock ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's 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 Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:
Check out Monarch Casino Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Monarch Stock analysis

When running Monarch Casino's price analysis, check to measure Monarch Casino's 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 Monarch Casino is operating at the current time. Most of Monarch Casino's value examination focuses on studying past and present price action to predict the probability of Monarch Casino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarch Casino's price. Additionally, you may evaluate how the addition of Monarch Casino to your portfolios can decrease your overall portfolio volatility.
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Is Monarch Casino's 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 Monarch Casino. If investors know Monarch 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 Monarch Casino 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
(0.18)
Dividend Share
0.9
Earnings Share
4.2
Revenue Per Share
26.059
Quarterly Revenue Growth
0.063
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino's 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 Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino's 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 Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino's 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.