MTR Gaming Group Inc. Stock Downgraded (MNTG)
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income has significantly decreased by 168.3% when compared to the same quarter one year ago, falling from $5.31 million to -$3.63 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Hotels, Restaurants & Leisure industry and the overall market, MTR GAMING GROUP INC's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to -$8.74 million or 279.47% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- Although MNTG's debt-to-equity ratio of 44.47 is very high, it is currently less than that of the industry average. Regardless of the company's weak debt-to-equity ratio, MNTG has managed to keep a strong quick ratio of 1.93, which demonstrates the ability to cover short-term cash needs.
- 35.54% is the gross profit margin for MTR GAMING GROUP INC which we consider to be strong. Regardless of MNTG's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, MNTG's net profit margin of -2.81% significantly underperformed when compared to the industry average.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.