Why We Like The Returns At Monarch Casino & Resort (NASDAQ:MCRI) [Yahoo! Finance]
Monarch Casino & Resort, Inc. (MCRI)
Last monarch casino & resort, inc. earnings: 4/22 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
monarchblackhawk.com
Company Research
Source: Yahoo! Finance
Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at the ROCE trend of Monarch Casino & Resort NASDAQ:MCRI ) we really liked what we saw. What Is Return On Capital Employed (ROCE)? For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Monarch Casino & Resort is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.21 = US$116m ÷ (US$681m - US$123m) (Based on the trailing twelve months to December 2023) So, Monarch Casino & Resort has an ROCE of 21%. In absolute terms that's a great return and it's even better than the Hospitality industry average
Show less
Read more
Impact Snapshot
Event Time:
MCRI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCRI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCRI alerts
High impacting Monarch Casino & Resort, Inc. news events
Weekly update
A roundup of the hottest topics
MCRI
News
- Monarch Casino & Resort (NASDAQ:MCRI) Has Affirmed Its Dividend Of $0.30 [Yahoo! Finance]Yahoo! Finance
- Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Should You Think About Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Now? [Yahoo! Finance]Yahoo! Finance
- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) had its price target raised by analysts at Macquarie from $75.00 to $76.00. They now have a "neutral" rating on the stock.MarketBeat
- Monarch Casino's (MCRI) Q1 Earnings & Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
MCRI
Earnings
- 4/17/24 - Miss
MCRI
Sec Filings
- 4/17/24 - Form 8-K
- 4/10/24 - Form DEF
- 4/10/24 - Form DEFA14A
- MCRI's page on the SEC website