Monarch Casino Resort Stock Analysis
| MCRI Stock | USD 68.92 0.53 0.76% |
Monarch Casino Resort is undervalued with Real Value of 71.92 and Target Price of 74.0. The main objective of Monarch Casino stock analysis is to determine its intrinsic value, which is an estimate of what Monarch Casino Resort is worth, separate from its market price. There are two main types of Monarch Casino's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Monarch Casino's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Monarch Casino's stock to identify patterns and trends that may indicate its future price movements.
The Monarch Casino stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Monarch Casino is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Monarch Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Monarch Casino's ongoing operational relationships across important fundamental and technical indicators.
Monarch |
Monarch Stock Analysis Notes
About 30.0% of the company outstanding shares are owned by corporate insiders. The book value of Monarch Casino was now reported as 27.03. The company has Price/Earnings To Growth (PEG) ratio of 1.89. Monarch Casino Resort last dividend was issued on the 31st of May 2024. The entity had 2:1 split on the 31st of March 2005. Monarch Casino Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company was founded in 1972 and is based in Reno, Nevada. Monarch Casino operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 2650 people. To find out more about Monarch Casino Resort contact John Farahi at 775 335 4600 or learn more at https://www.monarchcasino.com.Monarch Casino Quarterly Total Revenue |
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Monarch Casino Resort Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Monarch Casino's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Monarch Casino Resort or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| 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 64.0% 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 finance.yahoo.com: Monarch Casino Resort Has Affirmed Its Dividend Of 0.30 |
Monarch Casino Resort Upcoming and Recent Events
Earnings reports are used by Monarch Casino to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Monarch Casino previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 17th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Monarch Largest EPS Surprises
Earnings surprises can significantly impact Monarch Casino's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-04-29 | 2002-03-31 | 0.08 | 0.09 | 0.01 | 12 | ||
1996-10-28 | 1996-09-30 | 0.05 | 0.04 | -0.01 | 20 | ||
1996-07-30 | 1996-06-30 | 0.04 | 0.03 | -0.01 | 25 |
Monarch Casino Thematic Classifications
In addition to having Monarch Casino stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Restaraunts Hotels MotelsUSA Equities from Restaraunts Hotels Motels industry as classified by Fama & French | |
 | CasinosEquities that are issued by public entities related to physical casinos and gambling services or online betting games |
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 originate 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 Inc | 2023-12-31 | 232.5 K | Td Global Investment Solutions – Td Epoch | 2023-12-31 | 216.4 K | Fmr Inc | 2023-12-31 | 193.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 180 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 162.3 K | Northern Trust Corp | 2023-12-31 | 149.1 K | Goldman Sachs Group Inc | 2023-12-31 | 147.9 K | Advisory Research Inc | 2023-12-31 | 123.7 K | Charles Schwab Investment Management Inc | 2023-12-31 | 107.4 K | Blackrock Inc | 2023-12-31 | 2.2 M | Davenport & Company Llc | 2023-12-31 | 1.2 M |
Monarch Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Monarch Casino's market, we take the total number of its shares issued and multiply it by Monarch Casino's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Monarch Profitablity
Monarch Casino's profitability indicators refer to fundamental financial ratios that showcase Monarch Casino's ability to generate income relative to its revenue or operating costs. If, let's say, Monarch Casino is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Monarch Casino's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Monarch Casino's profitability requires more research than a typical breakdown of Monarch Casino's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.2 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.2. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.13 | |
| Return On Capital Employed | 0.20 | 0.10 | |
| Return On Assets | 0.12 | 0.13 | |
| Return On Equity | 0.16 | 0.09 |
Management Efficiency
Monarch Casino Resort has return on total asset (ROA) of 0.1087 % which means that it generated a profit of $0.1087 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1708 %, meaning that it created $0.1708 on every $100 dollars invested by stockholders. Monarch Casino's management efficiency ratios could be used to measure how well Monarch Casino manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Monarch Casino's Return On Tangible Assets are increasing as compared to previous years. The Monarch Casino's current Return On Assets is estimated to increase to 0.13, while Return On Capital Employed is projected to decrease to 0.10. As of now, Monarch Casino's Other Current Assets are increasing as compared to previous years. The Monarch Casino's current Total Current Assets is estimated to increase to about 78.7 M, while Other Assets are projected to decrease to under 142 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.66 | 28.00 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 25.34 | 26.61 | |
| Enterprise Value Over EBITDA | 8.01 | 8.47 | |
| Price Book Value Ratio | 2.59 | 2.74 | |
| Enterprise Value Multiple | 8.01 | 8.47 | |
| Price Fair Value | 2.59 | 2.74 | |
| Enterprise Value | 158 M | 189.9 M |
The analysis of Monarch Casino's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Monarch Casino's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Monarch Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0173 | Forward Dividend Yield 0.0173 | Forward Dividend Rate 1.2 | Beta 1.684 |
Technical Drivers
As of the 25th of April, Monarch Casino secures the Downside Deviation of 1.43, mean deviation of 0.9203, and Risk Adjusted Performance of 0.0278. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Monarch Casino Resort, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Monarch Casino, which can be compared to its peers in the industry. Please verify Monarch Casino Resort standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Monarch Casino Resort is priced some-what accurately, providing market reflects its recent price of 68.92 per share. Given that Monarch Casino Resort has jensen alpha of (0.05), we recommend you to check Monarch Casino's last-minute market performance to make sure the company can sustain itself at a future point.Monarch Casino Resort Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Monarch Casino middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Monarch Casino Resort. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Monarch Casino Resort Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Monarch Casino insiders, such as employees or executives, is commonly permitted as long as it does not rely on Monarch Casino's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Monarch Casino insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Bob Farahi over two weeks ago Disposition of 2951 shares by Bob Farahi of Monarch Casino at 84.86 subject to Rule 16b-3 | ||
John Farahi over a month ago Disposition of 66668 shares by John Farahi of Monarch Casino at 9.33 subject to Rule 16b-3 | ||
Bob Farahi over a month ago Disposition of 33334 shares by Bob Farahi of Monarch Casino at 17.62 subject to Rule 16b-3 | ||
Craig Sullivan over six months ago Monarch Casino exotic insider transaction detected | ||
Craig Sullivan over a year ago Exercise or conversion by Craig Sullivan of 6100 shares of Monarch Casino subject to Rule 16b-3 |
Monarch Casino Predictive Daily Indicators
Monarch Casino intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Monarch Casino stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 727.48 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 69.31 | |||
| Day Typical Price | 69.18 | |||
| Price Action Indicator | (0.65) | |||
| Period Momentum Indicator | (0.53) | |||
| Relative Strength Index | 49.69 |
Monarch Casino Corporate Filings
8K | 17th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 10th of April 2024 Other Reports | ViewVerify | |
10K | 28th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 14th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 7th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 24th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 5th of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Monarch Casino Forecast Models
Monarch Casino's time-series forecasting models are one of many Monarch Casino's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Monarch Casino's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Monarch Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Monarch Casino prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Monarch shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Monarch Casino. By using and applying Monarch Stock analysis, traders can create a robust methodology for identifying Monarch entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.22 | 0.23 | |
| Operating Profit Margin | 0.23 | 0.24 | |
| Net Profit Margin | 0.16 | 0.17 | |
| Gross Profit Margin | 0.44 | 0.41 |
Current Monarch Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Monarch analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Monarch analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 74.0 | Hold | 4 | Odds |
Most Monarch analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Monarch stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Monarch Casino Resort, talking to its executives and customers, or listening to Monarch conference calls.
Monarch Stock Analysis Indicators
Monarch Casino Resort stock analysis indicators help investors evaluate how Monarch Casino stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Monarch Casino shares will generate the highest return on investment. By understating and applying Monarch Casino stock analysis, traders can identify Monarch Casino position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 38.8 M | |
| Long Term Debt | 5.5 M | |
| Common Stock Shares Outstanding | 19.6 M | |
| Total Stockholder Equity | 513.1 M | |
| Tax Provision | 26.1 M | |
| Quarterly Earnings Growth Y O Y | 0.033 | |
| Property Plant And Equipment Net | 580.5 M | |
| Cash And Short Term Investments | 43.4 M | |
| Cash | 43.4 M | |
| Accounts Payable | 70.7 M | |
| Net Debt | -22.9 M | |
| 50 Day M A | 70.578 | |
| Total Current Liabilities | 123.4 M | |
| Other Operating Expenses | 385.4 M | |
| Non Current Assets Total | 615.4 M | |
| Forward Price Earnings | 29.4985 | |
| Non Currrent Assets Other | 23.1 M | |
| Stock Based Compensation | 7.5 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 0.033 | Dividend Share 1.2 | Earnings Share 4.23 | Revenue Per Share 26.296 | Quarterly Revenue Growth 0.043 |
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.