Entering text into the input field will update the search result below

Union Gaming lifts estimates on Monarch Casino & Resort

Feb. 21, 2018 9:18 AM ETMonarch Casino & Resort, Inc. (MCRI) StockMCRIBy: Clark Schultz, SA News Editor
  • Union Gaming lifts estimates on Buy-rated Monarch Casino & Resort (NASDAQ:MCRI) after sizing up the company's Q4 earnings report and guidance.
  • The firm lifts its 2019 adjusted EBITDA estimate on Monarch to $81M from $71M to account for a mid-2019 opening of the Black Hawk expansion.
  • "Our $51 price target is still based on a 9.0X multiple of our 2019 pre-Black Hawk expansion EBITDA estimate of $71M, plus $14/share of present value attributable to the expansion," writes Union Gaming analyst John DeCree.

Recommended For You

More Trending News

About MCRI Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MCRI--
Monarch Casino & Resort, Inc.