Monarch Casino & Resort Azioni (NASDAQ: MCRI)

Ultime notizie per Monarch Casino & Resort (NASDAQ:MCRI) Azioni

Monarch Casino & Resort

Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.

Monarch Casino & Resort, Inc. - Common Stock

Monarch Casino & Resort Inc

<p>Stifel  analyst Jeffrey Stantial   maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Hold and raises the price target from $72 to $77.</p>


News

Price Target

Analyst Ratings

MCRI

Stifel Maintains Hold on Monarch Casino & Resort, Raises Price Target to $77

<p>Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.36 by 8.09 percent. This is a 19.51 percent increase over earnings of $1.23 per share from the same period last year.  The company reported quarterly sales of $137.873 million which beat the analyst consensus estimate of $134.357 million by 2.62 percent.  This is a 3.69 percent increase over sales of $132.965 million the same period last year.</p>


Earnings

Earnings Beats

Monarch Casino & Resort Q3 2024 GAAP EPS $1.47 Beats $1.36 Estimate, Sales $137.873M Beat $134.357M Estimate

<p>Truist Securities  analyst Barry Jonas   maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Hold and raises the price target from $75 to $82.</p>


Truist Securities Maintains Hold on Monarch Casino & Resort, Raises Price Target to $82

<p>Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Monarch Casino &amp; Resort to report an <strong>earnings per share</strong> (EPS) of $1.37.</p>
<p>Investors in Monarch Casino &amp; Resort are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.</p>
<p>It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.</p>
<h3>Overview of Past Earnings</h3>
<p>During the last quarter, the company reported an EPS beat by $0.08, leading to a 11.25% increase in the share price on the subsequent day.</p>
<p>Here's a look at Monarch Casino &amp; Resort's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.11</td>
<td>0.96</td>
<td>1.03</td>
<td>1.44</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.19</td>
<td>0.93</td>
<td>0.93</td>
<td>1.23</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>11.0%</td>
<td>-4.0%</td>
<td>-0.0%</td>
<td>-6.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729627344_0.png" alt="eps graph" /></p>
<h3>Monarch Casino &amp; Resort Share Price Analysis</h3>
<p>Shares of Monarch Casino &amp; Resort were trading at $73.83 as of October 21. Over the last 52-week period, shares are up 24.82%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<h3>Analyst Views on Monarch Casino &amp; Resort</h3>
<p>Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Monarch Casino &amp; Resort.</p>
<p>The consensus rating for Monarch Casino &amp; Resort is Neutral, derived from 2 analyst ratings. An average one-year price target of $75.5 implies a potential 2.26% upside.</p>
<h3>Comparing Ratings with Peers</h3>
<p>The following analysis focuses on the analyst ratings and average 1-year price targets of  and Monarch Casino &amp; Resort, three prominent industry players, providing insights into their relative performance expectations and market positioning.</p>
<h3>Analysis Summary for Peers</h3>
<p>In the peer analysis summary, key metrics for  and Monarch Casino &amp; Resort are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Monarch Casino &amp; Resort</td>
<td>Neutral</td>
<td>3.61%</td>
<td>$68.35M</td>
<td>4.50%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Monarch Casino &amp; Resort ranks in the middle among peers for Consensus rating. It is at the bottom for Revenue Growth and Gross Profit, but at the top for Return on Equity.</p>
<h3>All You Need to Know About Monarch Casino &amp; Resort</h3>
<p>Monarch Casino &amp; Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food &amp; Beverage and Hotel Operations.</p>
<h3>Monarch Casino &amp; Resort: Financial Performance Dissected</h3>
<p><strong>Market Capitalization:</strong> Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Monarch Casino &amp; Resort's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>3.61%</strong> as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.</p>
<p><strong>Net Margin:</strong> Monarch Casino &amp; Resort's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>17.7%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Monarch Casino &amp; Resort's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>4.5%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Monarch Casino &amp; Resort's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>3.36%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Monarch Casino &amp; Resort's debt-to-equity ratio is below the industry average at <strong>0.08</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<p><a href="https://www.benzinga.com/quote/MCRI/earnings"><strong>To track all earnings releases for Monarch Casino &amp; Resort visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Examining the Future: Monarch Casino & Resort's Earnings Outlook

<p><strong>Victoria&#39;s Secret &amp; Co.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vsco#NYSE">VSCO</a>) posted decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Earnings beat the consensus estimate for the third straight quarter.</p>
<p>Victoria&#39;s Secret posted positive business trends in North America in the third quarter, with encouraging early feedback on fall assortments for Victoria&#39;s Secret and PINK brands. The beauty segment performed well, driving customer traffic to stores. Going forward, the company emphasized key events including a major VSX sport launch and the return of the Victoria&#39;s Secret Fashion Show to drive growth.</p>
<p>While optimistic about the positive signs, the company acknowledges that the broader consumer environment remains challenging. Despite the hurdles, VSCO remains focused on controlling what it can &mdash; leveraging its market position in the intimates category and executing multiple growth initiatives to drive long-term growth.</p>
<h2>Q2 in Detail</h2>
<div class="chart_embed">
<h3>Victoria&#39;s Secret &amp; Co. Price, Consensus and EPS Surprise</h3>
<p><img alt="Victoria's Secret &amp; Co. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/d0/1724933162.png" style="height:268px; width:574px" title="" /></p>
<p>Victoria&#39;s Secret &amp; Co. price-consensus-eps-surprise-chart | Victoria&#39;s Secret &amp; Co. Quote</p>
<p>Victoria&#39;s Secret reported adjusted earnings of 40 cents per share, beating the Zacks Consensus Estimate of 38 cents. The figure increased 66.7% from 24 cents in the year-ago quarter.</p>
</div>
<p>Net sales dropped 0.7% year over year to $1.42 billion. However, the metric beat the Zacks Consensus Estimate of $1.41 billion. The company&#39;s comparable sales declined 3% on a year-over-year basis.</p>
<p>VSCO&#39;s net sales from the Stores &mdash; North America channel came in at $0.8 billion, down 2.1% year over year. Direct channel&#39;s net sales declined 0.9% year over year to $430.2 million. Net sales from the International channel rose 6.4% year over year to $187 million.</p>
<h2>Margin &amp; Costs</h2>
<p>The gross profit increased 3% year over year to $501.3 million. The gross margin expanded 130 basis points to 35.4% in the quarter under review. Cost of sales came in at $915.8 million, down 2.6% year over year.</p>
<p>General, administrative and store operating expenses declined 4.7% year over year to $439 million. It incurred interest expenses of $43.1 million, lower than $46.5 million in the prior-year quarter.</p>
<h2>Outlook</h2>
<p>For the third quarter of fiscal 2024, management expects net sales to increase in the low single-digit range. It registered net sales of $1.27 billion in the prior-year quarter. Adjusted operating loss for third-quarter 2024 is forecast to fall in the range of $40-$60 million. It anticipates adjusted net loss in the band of 60-80 cents per share.</p>
<p>The company projects net sales for the fiscal 2024 to decline 1% year over year compared with a previous projection of a low-single-digit decrease. Adjusted operating income for the fiscal 2024 is estimated between to be $275 million to $300 million compared with the previous projection of $250 million and $275 million.</p>
<h2>Zacks Rank &amp; Other Key Picks</h2>
<p>VSCO sports a Zacks Rank #1 (Strong Buy).</p>
<p>Some other top-ranked stocks in the Zacks Consumer Discretionary sector are as follows:</p>
<p><strong>Royal Caribbean Cruises Ltd.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1. RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 68.7% in the past year.</p>
<p>The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.9%, respectively, from the year-ago levels.</p>
<p><strong>DoubleDown Interactive Co., Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 42.1% in the past year.</p>
<p>The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.</p>
<p><strong>Monarch Casino &amp; Resort, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) carries a Zacks Rank #2 (Buy). MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 11.4% in the past year.</p>
<p>The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.</p>
<p><a href="https://www.zacks.com/stock/news/2329103/victoria-s-secret-beats-q2-earnings-revenue-estimates?cid=CS-BENZ-FT-analyst_blog|earnings_article-2329103">To read this article on Zacks.com click here.</a></p>


Large Cap

Small Cap

Markets

Trading Ideas

VSCO

Victoria's Secret Beats Q2 Earnings & Revenue Estimates

<p><strong>Marriott International, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>) is likely to benefit from solid leisure demand, a loyalty program and unit-expansion efforts. The focus on hotel conversions bodes well. However, soft demand in China is a concern.</p>
<p>Let us discuss the factors that highlight why investors should retain the stock for now.</p>
<h2>Growth Catalysts</h2>
<p>Marriott has been gaining from pent-up leisure demand. In second-quarter 2024, the company posted RevPAR growth across all customer segments &mdash; group, leisure transient and business transient &mdash; with increases in room nights and ADR. Group business, accounting for 24% of worldwide room nights, remained the strongest segment, with group RevPAR up 10% year over year.</p>
<p>The company witnessed robust demand during second-quarter 2024. The company&#39;s net rooms grew 6% year over year. In comparison, global RevPAR increased nearly 5%, supported by a 3% rise in the average daily rate and an occupancy increase of approximately 150 basis points, reaching 73%.</p>
<p>MAR&#39;s global RevPAR index continues to rise, reflecting its strong position in the market. RevPAR in the United States and Canada saw a nearly 4% gain, aided by the shift of the Easter holiday, with all chain scales from select service to luxury reporting positive growth. Internationally, RevPAR rose more than 7%, led by a 13% increase in Asia Pacific (excluding China). The upside was backed by robust macro trends and increased cross-border travel, particularly from Mainland China. Japan, in particular, saw a 21% rise in RevPAR. The EMEA region reported nearly 10% growth, while CALA posted a 9% increase. The company expects global RevPAR to rise 3-4% year over year in the second quarter and full year in 2024.</p>
<p>The company continues to enhance its Bonvoy loyalty program, which now has more than 210 million members (as of second-quarter 2024). It launched Business Access by Marriott Bonvoy, a comprehensive online travel program targeting small- and medium-sized corporate clients. The initial adoption of the platform exceeded expectations. In addition, partnerships with Rakuten in Japan, Alibaba in China and Rappi in CALA continue to drive strong international Bonvoy enrollments. During the second quarter, the program&#39;s global room night penetration reached 71% in the United States and Canada and 65% worldwide.</p>
<p>Marriott&#39;s global portfolio continues to grow faster than the overall industry supply, adding approximately 15,500 net rooms in the second quarter. Signing activity remains strong, particularly in APEC and Greater China, contributing to a pipeline of more than 559,000 rooms. Conversions played a significant role, representing 37% of openings and 32% of signings. Construction starts in the United States and Canada rose 40% year over year in the second quarter, reflecting growing development momentum. It expects positive development trends to continue on the back of new development and multiunit conversion opportunities.</p>
<h2>Concerns</h2>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/7b/75340.jpg?v=780158394" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>Marriott&#39;s shares have declined 4.8% in the past three months compared with the industry&#39;s 0.8% fall. Softer domestic demand in China primarily caused the downside.</p>
<p>During the second quarter, the company posted dismal performance in China. RevPAR in Greater China dropped approximately 4% due to macroeconomic pressures that led to weaker domestic demand. Additionally, the region saw an uptick in outbound high-end travelers, which further impacted local markets. While there was positive RevPAR growth in Tier 1 cities like Hong Kong, Macau and Taiwan, these gains were offset by declines across other areas, particularly in Hainan, which experienced a meaningful downturn. The company is cautious about persistent softness in demand and pricing trends in China for the remainder of 2024.</p>
<h2>Our Thoughts</h2>
<p>Marriott offers a balanced mix of growth opportunities and challenges, making it a stock worth holding. Its impressive global RevPAR growth, robust loyalty program and strategic room additions position it for long-term success. MAR&#39;s continued focus on high-growth regions and conversion deals underscores its ability to maintain market leadership and capitalize on leisure demand trends.</p>
<p>However, investors should remain cautious due to the company&#39;s exposure to weaker domestic demand in China, which could put pressure on overall performance. Additionally, Marriott&#39;s current valuation &mdash; with a forward P/E ratio of 22.05X compared with the industry&#39;s 21.80X &mdash; suggests premium pricing that might limit significant upside potential in the near term. While these risks warrant attention, the company&#39;s solid fundamentals and strategic growth initiatives provide enough reasons for investors to retain the stock. The Zacks Rank #3 (Hold) justifies our thesis.</p>
<h2>Key Picks</h2>
<p>Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:</p>
<p><strong>Royal Caribbean Cruises Ltd. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1 (Strong Buy).</p>
<p>RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 65.9% in the past year. The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.9%, respectively, from the year-ago levels.</p>
<p><strong>DoubleDown Interactive Co., Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 52.3% in the past year.</p>
<p>The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.</p>
<p><strong>Monarch Casino &amp; Resort, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) currently flaunts a Zacks Rank of 1. MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 11.1% in the past year.</p>
<p>The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.</p>
<p><a href="https://www.zacks.com/stock/news/2327129/here-s-why-you-should-retain-marriott-mar-in-your-portfolio?cid=CS-BENZ-FT-analyst_blog|rank_focused-2327129">To read this article on Zacks.com click here.</a></p>


Here's Why You Should Retain Marriott in Your Portfolio

<p><strong>Peloton Interactive, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pton#NASDAQ">PTON</a>) reported fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company&#39;s shares increased 12% in the pre-market trading session on Aug 22.</p>
<h2>Earnings and Revenues</h2>
<p>PTON reported an adjusted loss per share of 8 cents, narrower than the Zacks Consensus Estimate of a loss of 18 cents. In the prior-year quarter, the company had reported an adjusted loss of 68 cents per share. Revenues for the quarter under review came in at $643.6 million, beating the Zacks Consensus Estimate of $626 million. The metric was almost flat year over year.</p>
<p>It reported Connected Fitness segment revenues of $212.1 million, down 4% year over year. However, Subscription revenues increased 2% year over year to $431.4 million.</p>
<div class="chart_embed">
<h3>Peloton Interactive, Inc. Price, Consensus and EPS Surprise</h3>
<h2><img alt="Peloton Interactive, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/6f/1724331746.png" style="height:265px; width:574px" title="" /></h2>
<p>Peloton Interactive, Inc. price-consensus-eps-surprise-chart | Peloton Interactive, Inc. Quote</p>
</div>
<h2>Operating Metrics</h2>
<p>At the close of the quarter, Peloton recorded 2.98 million Ending Paid Connected Fitness Subscriptions, marking a 75 thousand net decline. The average net monthly paid Connected Fitness subscription churn stood at 1.9%.</p>
<p>Concluding the quarter, it registered 615 thousand Peloton App subscribers, reflecting a net decrease of 59 thousand. Average monthly paid app subscription churn stood at 8.4%.</p>
<h2>Costs</h2>
<p>In the three months ending on Jun 30, 2024, total operating expenses, incorporating restructuring and impairment expenses, amounted to $375.3 million compared with $426.8 million in the prior-year quarter. General and administrative expenses saw a decline of $23.3 million to $186.2 million compared with a year ago.</p>
<h2>Outlook</h2>
<p>For first-quarter fiscal 2025, management expects Ending Paid Connected Fitness Subscriptions in the range of 2.88-2.89 million, down 3% year over year. On the other hand, Ending Paid App Subscriptions is predicted in the range of 0.56-0.57 million. Revenues for the quarter are projected to be between $560 million and $580 million, down 4% (from the midpoint of guidance) from the year-ago level.</p>
<p>For fiscal 2025, the company forecasts Ending Paid Connected Fitness Subscriptions in the range of 2.68-2.75 million, down 9% (from the midpoint of guidance) from the year-earlier level. On the other hand, Ending Paid App Subscriptions is anticipated in the range of 0.57-0.62 million, down 3% (from the midpoint of guidance) from the year-earlier level. Revenues for the quarter are expected to be between $2,400 million and $2,500 million, down 9% (from the midpoint of guidance) from a year ago.</p>
<p>The company currently has a Zacks Rank #3 (Hold).</p>
<h2>Key Picks</h2>
<p>Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:</p>
<p><strong>Royal Caribbean Cruises Ltd.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently sports a Zacks Rank of 1 (Strong Buy).</p>
<p>RCL has a trailing four-quarter earnings surprise of 18.5%, on average. The stock has rallied 62.6% in the past year. The Zacks Consensus Estimate for RCL&#39;s 2024 sales and earnings per share calls for growth of 18.1% and 69.7%, respectively, from the year-ago levels.</p>
<p><strong>DoubleDown Interactive Co., Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently flaunts a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has surged 70.2% in the past year. The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.</p>
<p><strong>Monarch Casino &amp; Resort, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcri#NASDAQ">MCRI</a>) currently carries a Zacks Rank #2 (Buy). MCRI has a trailing four-quarter negative earnings surprise of 3.5%, on average. The stock has increased 13.1% in the past year. The Zacks Consensus Estimate for MCRI&#39;s 2024 sales and EPS indicates an increase of 2.3% and 10%, respectively, from the year-ago levels.</p>
<p><a href="https://www.zacks.com/stock/news/2325733/peloton-pton-stock-up-on-q4-earnings-and-revenue-beat?cid=CS-BENZ-FT-analyst_blog|earnings_article-2325733">To read this article on Zacks.com click here.</a></p>


Penny Stocks

Guidance

Management

PTON

Peloton Stock Up on Q4 Earnings and Revenue Beat

<p>Per the agreement, the award-winning IGT PlaySports platform and trading advisory services are powering retail and mobile sports&nbsp;betting&nbsp;at Atlantis&nbsp;Casino&nbsp;Resort Spa in&nbsp;Reno, Nev.&nbsp;and Monarch&nbsp;Casino&nbsp;Resort Spa in&nbsp;Black Hawk, Colo.</p>


IGT Expands Sports Betting Footprint In Nevada And Colorado Through IGT PlaySports Technology And Services Agreement With Monarch Casino & Resort

<p>Macquarie  analyst Chad Beynon   maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Neutral and maintains $76 price target.</p>


Macquarie Maintains Neutral on Monarch Casino & Resort, Maintains $76 Price Target

<p>Truist Securities  analyst Barry Jonas   maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Hold and raises the price target from $74 to $75.</p>


Truist Securities Maintains Hold on Monarch Casino & Resort, Raises Price Target to $75

<p>Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $1.11 by 7.21 percent.  The company reported quarterly sales of $128.143 million which beat the analyst consensus estimate of $126.307 million by 1.45 percent.  This is a 3.61 percent increase over sales of $123.683 million the same period last year.</p>


Monarch Casino & Resort Q2 2024 GAAP EPS $1.19 Beats $1.11 Estimate, Sales $128.143M Beat $126.307M Estimate

<p>Macquarie  analyst Chad Beynon   maintains Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) with a Neutral and raises the price target from $75 to $76.</p>


Macquarie Maintains Neutral on Monarch Casino & Resort, Raises Price Target to $76

<p>Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $0.93 per share which missed the analyst consensus estimate of $0.98 by 5.1 percent.  The company reported quarterly sales of $121.657 million which missed the analyst consensus estimate of $122.320 million by 0.54 percent.  This is a 4.30 percent increase over sales of $116.644 million the same period last year.</p>


Earnings Misses

Monarch Casino & Resort Q1 2024 GAAP EPS $0.93 Misses $0.98 Estimate, Sales $121.657M Miss $122.320M Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) is projected to report quarterly earnings at $3.43 per share on revenue of $6.13 billion.</p>
<p>&bull; VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) is expected to report earnings for its first quarter.</p>
<p>&bull; Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $1.86 billion.</p>
<p>&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is estimated to report quarterly earnings at $0.96 per share on revenue of $9.89 billion.</p>
<p>&bull; First Horizon (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $809.71 million.</p>
<p>&bull; U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $6.72 billion.</p>
<p>&bull; Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) is estimated to report quarterly earnings at $4.81 per share on revenue of $10.49 billion.</p>
<p>&bull; BankUnited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKU#NYSE">BKU</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $240.01 million.</p>
<p>&bull; Citizens Financial Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>) is projected to report quarterly earnings at $0.74 per share on revenue of $1.96 billion.</p>
<h3>Companies Reporting After The Bell</h3>
<p>&bull; Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) is likely to report earnings for its first quarter.</p>
<p>&bull; Home Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBCP#NASDAQ">HBCP</a>) is estimated to report quarterly earnings at $0.97 per share on revenue of $28.45 million.</p>
<p>&bull; Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is expected to report quarterly earnings at $0.96 per share on revenue of $122.32 million.</p>
<p>&bull; Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $2.94 billion.</p>
<p>&bull; Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is estimated to report quarterly earnings at $0.71 per share on revenue of $127.43 million.</p>
<p>&bull; Kinder Morgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMI#NYSE">KMI</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $4.47 billion.</p>
<p>&bull; Brandywine Realty Tr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BDN#NYSE">BDN</a>) is expected to report quarterly earnings at $0.24 per share on revenue of $129.70 million.</p>
<p>&bull; First Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>) is estimated to report quarterly earnings at $0.62 per share on revenue of $161.53 million.</p>
<p>&bull; Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) is expected to report quarterly earnings at $1.43 per share on revenue of $1.40 billion.</p>
<p>&bull; Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) is projected to report quarterly loss at $0.43 per share on revenue of $2.58 billion.</p>
<p>&bull; Rexford Industrial Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REXR#NYSE">REXR</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $207.33 million.</p>
<p>&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $106.01 million.</p>
<p>&bull; SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is projected to report quarterly earnings at $2.15 per share on revenue of $158.04 million.</p>
<p>&bull; Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is likely to report quarterly earnings at $0.46 per share on revenue of $69.80 million.</p>
<p>&bull; Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) is expected to report quarterly earnings at $1.04 per share on revenue of $47.52 million.</p>
<p>&bull; Synovus Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>) is likely to report quarterly earnings at $0.99 per share on revenue of $548.06 million.</p>
<p>&bull; F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $407.30 million.</p>
<p>&bull; Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $1.09 billion.</p>
<p>&bull; Discover Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) is expected to report quarterly earnings at $2.99 per share on revenue of $4.05 billion.</p>
<p>&bull; Bank OZK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OZK#NASDAQ">OZK</a>) is projected to report quarterly earnings at $1.46 per share on revenue of $397.07 million.</p>
<p>&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is projected to report quarterly earnings at $0.45 per share on revenue of $3.67 billion.</p>
<p>&bull; Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) is estimated to report quarterly earnings at $2.44 per share on revenue of $579.20 million.</p>
<p>&bull; Banner (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) is estimated to report quarterly earnings at $1.13 per share on revenue of $135.76 million.</p>
<p>&bull; Martin Midstream Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMLP#NASDAQ">MMLP</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $197.40 million.</p>
<p>&bull; Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.63 billion.</p>
<p>&bull; Marten Transport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRTN#NASDAQ">MRTN</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $272.17 million.</p>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


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Earnings Scheduled For April 17, 2024

<p><strong>Monarch Casino &amp; Resort</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:03 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>Monarch Casino &amp; Resort missed estimated earnings by 9.71%, reporting an EPS of $0.93 versus an estimate of $1.03.</p>
<p>Revenue was up $7.65 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed on EPS by $0.21 which was followed by a 5.67% drop in the share price the next day.</p>
<p>Here's a look at Monarch Casino &amp; Resort's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.44</td>
<td>1.17</td>
<td>0.98</td>
<td>1.20</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.23</td>
<td>1.14</td>
<td>0.90</td>
<td>1.14</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>134.80M</td>
<td>123.87M</td>
<td>115.45M</td>
<td>121.10M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>132.97M</td>
<td>123.68M</td>
<td>116.64M</td>
<td>120.54M</td>
</tr>
</tbody>
</table>
</p>
<p>&#x2A;&#x2A; Listen to the earnings announcement yourself by <a href="">clicking here</a>. &#x2A;&#x2A;</p>
<p>To track all earnings releases for Monarch Casino &amp; Resort <a href="https://www.benzinga.com/quote/MCRI/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Monarch Casino & Resort: Q4 Earnings Insights

<p>Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) reported quarterly earnings of $0.93 per share which missed the analyst consensus estimate of $1.07 by 13.08 percent.  The company reported quarterly sales of $128.19 million which beat the analyst consensus estimate of $118.67 million by 8.02 percent.  This is a 6.35 percent increase over sales of $120.54 million the same period last year.</p>


Monarch Casino & Resort Q4 2023 GAAP EPS $0.93 Misses $1.07 Estimate, Sales $128.19M Beat $118.67M Estimate

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Earnings Scheduled For February 14, 2024

<p><strong>Monarch Casino &amp; Resort</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Monarch Casino &amp; Resort will report an <strong>earnings per share</strong> (EPS) of $1.03. </p>
<p>Monarch Casino &amp; Resort bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.21, which was followed by a 5.67% drop in the share price the next day.</p>
<p>Here's a look at Monarch Casino &amp; Resort's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.44</td>
<td>1.17</td>
<td>0.98</td>
<td>1.20</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.23</td>
<td>1.14</td>
<td>0.90</td>
<td>1.14</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-5.67%</td>
<td>-4.97%</td>
<td>-4.81%</td>
<td>-1.51%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1707847255_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Monarch Casino &amp; Resort were trading at $70.26 as of February 12. Over the last 52-week period, shares are down 12.85%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/MCRI/earnings"><strong>To track all earnings releases for Monarch Casino &amp; Resort visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


A Preview Of Monarch Casino & Resort's Earnings

<p>4 analysts have shared their evaluations of Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $77.0, a high estimate of $90.00, and a low estimate of $65.00. This current average has decreased by 17.2% from the previous average price target of $93.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1704466875_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>A comprehensive examination of how financial experts perceive Monarch Casino &amp; Resort is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Stantial</td>
<td>Stifel</td>
<td>Announces</td>
<td>Hold</td>
<td>$70.00</td>
<td>-</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Announces</td>
<td>Hold</td>
<td>$65.00</td>
<td>-</td>
</tr>
<tr>
<td>Jeffrey Stantial</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$83.00</td>
<td>$91.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$90.00</td>
<td>$95.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Monarch Casino &amp; Resort. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Monarch Casino &amp; Resort compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts navigate through adjustments in price targets, providing estimates for Monarch Casino &amp; Resort's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Monarch Casino &amp; Resort's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MCRI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Monarch Casino &amp; Resort analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>All You Need to Know About Monarch Casino &amp; Resort</h2>
<p>Monarch Casino &amp; Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food &amp; Beverage and Hotel Operations.</p>
<h3>Monarch Casino &amp; Resort's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Monarch Casino &amp; Resort's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately <strong>-0.57%</strong>. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.</p>
<p><strong>Net Margin:</strong> Monarch Casino &amp; Resort's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>18.17%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Monarch Casino &amp; Resort's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.91%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Monarch Casino &amp; Resort's ROA excels beyond industry benchmarks, reaching <strong>3.63%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Monarch Casino &amp; Resort's debt-to-equity ratio is below the industry average. With a ratio of <b>0.05</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Assessing Monarch Casino & Resort: Insights From 4 Financial Analysts

<p>Stifel  analyst Jeffrey Stantial   downgrades Monarch Casino &amp; Resort (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRI#NASDAQ">MCRI</a>) from Buy to Hold and announces $70 price target.</p>


Downgrades

Stifel Downgrades Monarch Casino & Resort to Hold, Announces $70 Price Target

In a report released today, Barry Jonas from Truist Financial maintained a Hold rating on Monarch Casino & Resort (MCRI – Research Report), with a ...

Truist Financial Sticks to Their Hold Rating for Monarch Casino & Resort (MCRI)

In a report released today, Jeffrey Stantial from Stifel Nicolaus maintained a Hold rating on Monarch Casino & Resort (MCRI – Research Report), wit...

Monarch Casino & Resort (MCRI) Gets a Hold from Stifel Nicolaus

Macquarie analyst Chad Beynon has maintained their neutral stance on MCRI stock, giving a Hold rating today. Chad Beynon has given his Hold rating ...

Neutral Hold Rating for Monarch Casino & Resort Amidst Competitive Challenges and Solid Performance

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Small-cap stocks have emerged in 2024 after many years in the wilderness. The <strong>Russell 2000 </strong>is up nearly 11% in the past month through July 31. While it&rsquo;s hard to know how small-cap stocks with low debt have performed over this period, investors are undoubtedly paying more attention to them.</p>




<p>&ldquo;&lsquo;I think the narrative has changed,&rsquo; said Eric Kuby, chief investment officer at North Star Investment Management Corp, which specializes in small-cap stocks. &lsquo;I&rsquo;m hoping &hellip; this jump over the last week is really just the beginning of what could be a very long, multi-year period of time where small caps could make up a lot of ground,&rdquo; <em>Reuters </em>reported the portfolio manager&rsquo;s <a href="https://www.reuters.com/markets/us/rotation-trade-takes-small-caps-dead-money-wall-street-darlings-2024-07-18/">comments</a> in mid-July.</p>




<p>How does one know whether the 2024 performance of small-cap stocks is real or imagined? A <em>Reddit </em>post from late May tells me it&rsquo;s the former. The headline <a href="https://www.reddit.com/r/stocks/comments/1dgr59c/small_cap_value_has_never_been_more_brutal/">stated</a> <em>Small Cap Value has never been more brutal.&nbsp;</em></p>



<p>If ever there were a buy signal, that would be it.</p>



<p>While value is hard to pin down, my idea of value is those stocks that trade for reasonable multiples and have fortress-like balance sheets.&nbsp;</p>



<p>Here are my three small-cap stocks with low debt to buy for growth at reasonable prices.&nbsp;</p>



<h2>Hudson Technologies (HDSN)</h2>



<div><img width="300" height="300" src="https://investorplace.com/wp-content/uploads/2022/01/hudson-log-300x300.jpeg" alt="Hudson Technologies (HDSN) logo"><div>Source: www.hudsontech.com</div></div><p><strong>Hudson Technologies </strong>(NASDAQ:<span><a href="https://investorplace.com/stock-quotes/hdsn-stock-quote/"><strong>HDSN</strong></a></span>) is the smallest of the three small-cap stocks, with a market capitalization of $388 million. It has net cash of $4.3 million based on a total debt of just <a href="https://www.morningstar.com/stocks/xnas/hdsn/financials">$6.23 million</a> against $10.6 million in cash and cash equivalents on its balance sheet.&nbsp;</p>



<p>This is the first time I&rsquo;ve ever heard of Hudson Technologies, so I&rsquo;m just as naive as you are about what it does to make money.</p>



<p>As best I can tell, the New York-based company sells products and services to <a href="https://www.hudsontech.com/about-us/">reduce greenhouse gas emissions</a>. It focuses on the HVACR (heating, ventilation, air-conditioning and refrigeration) industry.&nbsp;</p>




<p>&ldquo;One of the largest refrigerant selections in the country, featuring our certified reclaimed Emerald&reg; Refrigerants,&rdquo; its website states.&nbsp;</p>




<p>The company&rsquo;s results in 2024 aren&rsquo;t going to be as good as last year, which is why its stock is down nearly 40% year-to-date. However, as its CEO stated in its Q1 2024 press release, the business will improve as HFCs (hydrofluorocarbons) are phased out.&nbsp;</p>




<p>&ldquo;&hellip; [I]t is important to reiterate our confidence that the phasedown of HFC will ultimately move pricing higher, accelerate reclamation adoption and drive enhanced profitability in our business,&rdquo; CEO Brian Coleman <a href="https://www.hudsontech.com/financial-results-earnings-calls/hudson-technologies-reports-first-quarter-2024-results/">stated</a>.</p>




<h2>Monarch Casino &amp; Resort (MCRI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2018/05/mcri-stock-300x169.jpg" alt=""><div>Source: Shutterstock</div></div><p>Monarch Casino and Resort (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/mcri-stock-quote/"><strong>MCRI</strong></a></span>) is the second largest of the small-cap stocks, with a market cap of $$1.46 billion. It has a net cash of $19.3 million based on a total debt of just <a href="https://www.morningstar.com/stocks/xnas/mcri/financials">$20.2 million</a> against $39.5 million in cash and cash equivalents.&nbsp;</p>



<p>Although I&rsquo;m not a gambler, the company has <a href="https://www.monarchcasino.com/corporate-overview.asp">two casinos</a> in Reno, Nevada and Blackhawk, Colorado. They seem to do pretty well.&nbsp;</p>



<p>Atlantis Casino Resort Spa in Reno has 61,000 square feet of casino space, 824 rooms and a 30,000-square-foot spa.&nbsp;</p>




<p>&ldquo;The casino features approximately 1,200 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette and others; a race and sports book; a 24-hour live keno lounge and a poker room,&rdquo; its website states.&nbsp;</p>




<p>Monarch Casino Resort Spa in Colorado has 64,000 square feet of casino space, 516 guest rooms and a rooftop pool and spa. The casino features over 950 slot machines and 24 table games.</p>



<p>The best thing about MCRI is its very healthy adjusted EBITDA (earnings before interest, taxes, depreciation) margin of <a href="https://www.monarchcasino.com/press-release/press-release-20240724.asp">34.3%</a>. In Q2 2o24, that meant an EBITDA profit of nearly $44 million on record second-quarter revenue of $128.1 million.&nbsp;</p>



<h2>Patria Investments (PAX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/05/pax-1-300x169.jpg" alt="The website for the Paxos (PAX) crypto displayed in front of a logo background."><div>Source: Grey82 / Shutterstock.com</div></div><p>Patria Investments (NASDAQ:<a href="https://investorplace.com/stock-quotes/pax-stock-quote/"><strong>PAX</strong></a>) is the largest of the small-cap stocks with a market cap of $1.98 billion. It has a net cash of $23.5 million based on a total debt of just $15.6 million against $39.1 million in cash and cash equivalents.</p>


<p></p>
<p>Patria is a leading alternative asset manager in Latin America. With over 35 years of experience, it currently has more than <a href="https://ir.patria.com/">$32 billion</a> in assets under management. The company provides its clients with private equity, infrastructure, credit, real estate, public equities and global private markets investments.</p>
<p></p>
<p></p>
<p>PAX stock has not done well. It is down YTD over the past year and nearly 35% over the past five years.&nbsp;</p>
<p></p>
<p></p>
<p>The business seems to be doing okay. In Q1 2024, it grew its fee-related earnings by over 13% to $35 million, accounting for 58% of its $60.6 million in fee revenue in the quarter, up from 56% in Q1 2023.</p>
<p></p>
<p></p>
<p>At the same time, it expects to raise $5 billion in capital in 2024, with about 22% already completed. Excluding acquisitions, it&rsquo;s added $5.1 billion in assets under management in the last 12 months.&nbsp;&nbsp;&nbsp;&nbsp;</p>
<p></p>
<p></p>
<p>Trading well off its February 2021 highs in the $20s, buying below $15 makes sense for buy-and-hold investors.</p>
<p></p>
<p></p>
<p><em>On the date of publication, Will Ashworth </em><em>did not have (either directly or indirectly) any positions in the securities mentioned in this article. </em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p><div><p>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/08/3-small-cap-stock-picks-with-little-or-no-debt/">3 Small-Cap Stock Picks With Little or No Debt</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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