Monarch Casino & Resort Inc (NASDAQ: MCRI) has reported E.P.S. of $1.50 for its third fiscal quarter (ending September 30) versus $1.26 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $4.61 compared to $4.51 a year ago.
Recent Price Action
On 10/23/24, Monarch Casino & Resort Inc (NASDAQ: MCRI) stock declined slightly by -0.2%, closing at $73.64. However, trading volume in this decline was unusually low at 60% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MCRI is expected to continue to be an important Value Builder.
Monarch Casino & Resort has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Monarch Casino & Resort has a slightly negative Appreciation Score of 35 and a neutral Power Rating of 57, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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