Monarch Casino & Resort Inc (NASDAQ: MCRI) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.39 versus $0.94 for the same period a year ago — an increase of 48%. This performance was $0.27 better than the consensus estimate of $1.12. E.P.S. were $5.05 for the latest four quarters through December 31 versus $4.28 for the same period a year ago — an increase of 18%.
Recent Price Action
Monarch Casino & Resort Inc (NASDAQ: MCRI) stock rose modestly by 0.5% on 2/11/25. The stock closed at $85.81. However, this advance was accompanied by unusually low trading volume at 56% of normal. The stock has risen 1.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Monarch Casino & Resort has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Monarch Casino & Resort has a slightly negative Appreciation Score of 33 but a good Power Rating of 77, triggering the Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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