Monarch Casino & Resort (NASDAQ:MCRI) and DraftKings (NASDAQ:DKNG) Financial Review

Monarch Casino & Resort (NASDAQ:MCRIGet Free Report) and DraftKings (NASDAQ:DKNGGet Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Profitability

This table compares Monarch Casino & Resort and DraftKings’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Monarch Casino & Resort 19.26% 19.33% 14.67%
DraftKings -4.90% -22.84% -4.63%

Analyst Recommendations

This is a summary of recent ratings and price targets for Monarch Casino & Resort and DraftKings, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Monarch Casino & Resort 0 5 2 0 2.29
DraftKings 1 6 25 0 2.75

Monarch Casino & Resort presently has a consensus price target of $99.40, suggesting a potential upside of 8.06%. DraftKings has a consensus price target of $47.07, suggesting a potential upside of 38.23%. Given DraftKings’ stronger consensus rating and higher probable upside, analysts plainly believe DraftKings is more favorable than Monarch Casino & Resort.

Insider & Institutional Ownership

62.4% of Monarch Casino & Resort shares are owned by institutional investors. Comparatively, 37.7% of DraftKings shares are owned by institutional investors. 25.5% of Monarch Casino & Resort shares are owned by company insiders. Comparatively, 47.1% of DraftKings shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Monarch Casino & Resort and DraftKings”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Monarch Casino & Resort $539.64 million 3.11 $72.77 million $5.54 16.60
DraftKings $4.77 billion 3.55 -$507.29 million ($0.57) -59.74

Monarch Casino & Resort has higher earnings, but lower revenue than DraftKings. DraftKings is trading at a lower price-to-earnings ratio than Monarch Casino & Resort, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Monarch Casino & Resort has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500. Comparatively, DraftKings has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500.

About Monarch Casino & Resort

(Get Free Report)

Monarch Casino & Resort, Inc. engages in the ownership and operation of the Atlantis Casino Resort Spa, a hotel and casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk, Colorado. The company was founded in 1993 and is headquartered in Reno, NV.

About DraftKings

(Get Free Report)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. In addition, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. The company is headquartered in Boston, Massachusetts.

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