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MCRI
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
1.22B

MCRI Monarch Casino & Resort Forecast, Technical & Fundamental Analysis

a holding company which owns and operates hotel casinos

Industry CasinosGaming
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for MCRI with price predictions
07:00 PM EST Nov 27, 2023

MCRI in upward trend: 10-day moving average broke above 50-day moving average on November 14, 2023

The 10-day moving average for MCRI crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. 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 October 31, 2023. Looking at past instances where MCRI's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

MCRI moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCRI advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 267 cases where MCRI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where MCRI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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 .

MCRI broke above its upper Bollinger Band on November 06, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (2.420) is normal, around the industry mean (11.597). P/E Ratio (14.451) is within average values for comparable stocks, (57.598). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.276). Dividend Yield (0.088) settles around the average of (0.053) among similar stocks. P/S Ratio (2.535) is also within normal values, averaging (3.481).

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 83, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MCRI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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.

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 5.03B. The market cap for tickers in the group ranges from 152.98K to 37.12B. LVS holds the highest valuation in this group at 37.12B. 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 -1%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was -10%. RVLCF experienced the highest price growth at 39%, while KENGF experienced the biggest fall at -50%.

Volume

The average weekly volume growth across all stocks in the Casinos/Gaming Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was -33% and the average quarterly volume growth was -45%

Fundamental Analysis Ratings

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

Valuation Rating: 52
P/E Growth Rating: 58
Price Growth Rating: 60
SMR Rating: 74
Profit Risk Rating: 82
Seasonality Score: 11 (-100 ... +100)
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A.I. Advisor
published Earnings

MCRI is expected to report earnings to fall 10.57% to $1.10 per share on February 21

Monarch Casino & Resort MCRI Stock Earnings Reports
Q4'23
Est.
$1.10
Q3'23
Missed
by $0.21
Q2'23
Missed
by $0.03
Q1'23
Missed
by $0.09
Q4'22
Missed
by $0.07
The last earnings report on October 18 showed earnings per share of $1.23, missing the estimate of $1.44. With 29.55K shares outstanding, the current market capitalization sits at 1.22B.
A.I.Advisor
published Dividends

MCRI is expected to pay dividends on December 15, 2023

Monarch Casino & Resort MCRI Stock Dividends
A dividend of $0.30 per share will be paid with a record date of December 15, 2023, and an ex-dividend date of November 30, 2023. The last dividend of $0.30 was paid on September 15. Read more...
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
2700
Web
https://www.monarchcasino.com
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MCRI and

Correlation & Price change

A.I.dvisor indicates that over the last year, MCRI has been loosely correlated with CZR. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if MCRI jumps, then CZR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCRI
1D Price
Change %
MCRI100%
-0.45%
CZR - MCRI
62%
Loosely correlated
-1.63%
GDEN - MCRI
59%
Loosely correlated
-0.50%
BYD - MCRI
58%
Loosely correlated
-0.31%
RRR - MCRI
55%
Loosely correlated
-0.28%
LNW - MCRI
55%
Loosely correlated
+0.16%
More

Groups containing MCRI

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MCRI
1D Price
Change %
MCRI100%
-0.45%
MCRI
(undefined stocks)
88%
Closely correlated
-0.38%
card game
(undefined stocks)
72%
Closely correlated
-0.56%
casinos
(undefined stocks)
72%
Closely correlated
-0.26%
gambling
(undefined stocks)
71%
Closely correlated
-0.08%
hospitality
(undefined stocks)
67%
Closely correlated
-0.36%
More