Monarch Casino Shares Plunge 5.55% Ahead of Q1 2025 Earnings

Generated by AI AgentAinvest Movers Radar
Friday, Apr 11, 2025 6:44 pm ET1min read

Monarch Casino (MCRI) shares rose 0.70% today, marking a significant intraday decline of 5.55% and reaching its lowest level since July 2024.

Monarch Casino & Resort Inc. has announced that it will release its financial results for the first quarter of 2025 after the market closes. This announcement comes at a time when the company is facing several challenges, including a below-sector-average annual revenue growth of 4.5% over the past two years. Additionally, the company's estimated sales growth of 1.9% for the next 12 months suggests a potential slowdown in demand, which could further impact its stock performance.

Monarch's return on invested capital (ROIC) of 14.5% indicates that the company's management may be struggling to find attractive investment opportunities. This, combined with the company's current financial performance, has led to a "HOLD" investment rating with a lowered target price of $76.00 per share. The forward price-to-earnings ratio of 15.7x also reflects investor caution regarding the company's future earnings potential.

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