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MCRI
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$59.96
Change
+$1.29 (+2.20%)
Capitalization
1.11B

MCRI Price Prediction, Monarch Casino & Resort AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

MCRI's RSI Oscillator ascends from oversold territory

The RSI Oscillator for MCRI moved out of oversold territory on June 17, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 21 similar instances when the indicator left oversold territory. In 16 of the 21 cases the stock moved higher. This puts the odds of a move higher at 76%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where MCRI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on MCRI as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MCRI just turned positive on June 28, 2022. Looking at past instances where MCRI's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCRI advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

MCRI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The 50-day moving average for MCRI moved below the 200-day moving average on June 16, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCRI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MCRI entered a downward trend on June 07, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.433) is normal, around the industry mean (5.757). P/E Ratio (14.881) is within average values for comparable stocks, (73.200). MCRI's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.087). Dividend Yield (0.000) settles around the average of (0.042) among similar stocks. P/S Ratio (2.728) is also within normal values, averaging (4.927).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. MCRI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

MCRI is expected to report earnings to rise 15.22% to $1.06 per share on July 27

Monarch Casino & Resort MCRI Stock Earnings Reports
Q2'22
Est.
$1.06
Q1'22
Beat
by $0.01
Q4'21
Beat
by $0.12
Q3'21
Beat
by $0.16
Q2'21
Beat
by $0.27
The last earnings report on April 20 showed earnings per share of 92 cents, beating the estimate of 91 cents. With 58.80K shares outstanding, the current market capitalization sits at 1.11B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), Wynn Resorts Limited (NASDAQ:WYNN), Melco Resorts & Entertainment Limited (NASDAQ:MLCO).

Industry description

Casinos/Gaming includes companies that operate casinos, gaming services, horse racing and harness racing facilities. Think Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts, Ltd. In periods of strong economic growth, consumers tend to spend on discretionary/leisure activities like gambling or games; but consumption is likely to slow down when there’s economic sluggishness.

Market Cap

The average market capitalization across the Casinos/Gaming Industry is 3.27B. The market cap for tickers in the group ranges from 152.98K to 26.01B. GXYYY holds the highest valuation in this group at 26.01B. The lowest valued company is ROBK at 152.98K.

High and low price notable news

The average weekly price growth across all stocks in the Casinos/Gaming Industry was -2%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -16%. SCHYF experienced the highest price growth at 33%, while CMKI experienced the biggest fall at -33%.

Volume

The average weekly volume growth across all stocks in the Casinos/Gaming Industry was -55%. For the same stocks of the Industry, the average monthly volume growth was -21% and the average quarterly volume growth was 12%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 62
Price Growth Rating: 58
SMR Rating: 52
Profit Risk Rating: 86
Seasonality Score: -16 (-100 ... +100)
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AI
A.I. Advisor
published General Information

General Information

a holding company which owns and operates hotel casinos

Industry CasinosGaming

Profile
Fundamentals
Details
Industry
Casinos Or Gaming
Address
3800 South Virginia Street
Phone
+1 775 335-4600
Employees
2650
Web
https://www.monarchcasino.com

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MCRI and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, MCRI has been closely correlated with BYD. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if MCRI jumps, then BYD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCRI
1D Price
Change %
MCRI100%
+2.20%
BYD - MCRI
70%
Closely correlated
+2.73%
CZR - MCRI
67%
Closely correlated
+0.60%
CHDN - MCRI
66%
Closely correlated
+3.04%
RRR - MCRI
65%
Loosely correlated
+2.61%
MGM - MCRI
65%
Loosely correlated
+3.63%
More