After beating estimates last quarter by $0.05, Monarch Casino & Resort
What analysts say:
- Buy, sell, or hold?: Half of analysts think investors should stand pat on Monarch Casino & Resort while the remaining half rate the stock a buy. Analysts don't like Monarch Casino & Resort as much as competitor Century Casinos overall. Two out of two analysts rate Century Casinos a buy compared to one out of two for Monarch Casino & Resort. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue forecasts: On average, analysts predict $33.9 million in revenue this quarter. That would represent a rise of 0.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.05 per share. Estimates range from$0.04 to $0.07.
What our community says:
CAPS All-Stars are solidly supporting the stock, with 93.3% assigning it an outperform rating. The community at large agrees with the All-Stars, with 79.5% giving it a rating of outperform. Fools are gung-ho about Monarch Casino & Resort, though the message boards have been quiet lately, with only 46 posts in the past 30 days. Despite the majority sentiment in favor of Monarch Casino & Resort, the stock has a middling CAPS rating of three out of five stars.
Monarch Casino & Resort's profit has risen year over year by an average of 89.3% over the past five quarters.
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