Top Casino Stocks To Own For 2019

Patrons enjoying an evening outdoors at Bryant Park Grill & Café (Source: Company Website)

Business Summary

Ark Restaurants Corp. (NASDAQ:ARKR) owns and operates 21 restaurant/bars and 19 fast food concepts/catering operations with different trade names except for Gallagher’s and Rustic Inn, of which there are pairs of each. Notably, ARKR owns Bryant Park Grill & Café and the Clyde Frazier’s Wine and Dine in Manhattan (for basketball fans, yes that is the Walt Clyde Frazier, point-guard-turned-MSG-commentator who helped the Knicks capture the NBA championships in 1970 and 1973 – ARKR has had a partnership with Frazier to run the restaurant since March 2012). The company started in New York City but began expanding its restaurant/bar footprint into other states over the years with an affinity to “destination properties” over the years such as casinos (Foxwoods in Connecticut for example), water-view properties, and even historically relevant buildings such as Faneuil Hall in Boston. In fiscal 2016, the company generated revenues of $150.2 million, up from $145.9 million the previous year and currently trades at an $86 million market cap (roughly $25 per share).

Top Casino Stocks To Own For 2019: EverBank Financial Corp.(EVER)

Advisors’ Opinion:

  • [By Paul Ausick]

    Everquote Inc. (NASDAQ: EVER) raised $84 million selling 4.7 million shares at $18, above the expected range of $15 to $17. Shares closed flat on the first day of trading and closed the week up 1%.

Top Casino Stocks To Own For 2019: Navigant Consulting, Inc.(NCI)

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Navigant Consulting (NCI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Navigant Consulting (NCI)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shane Hupp]

    Here are some of the headlines that may have impacted Accern’s rankings:

    Get Navigant Consulting alerts:

    Navigant Recognized as Insurance Expert Witness Firm of the Year and Seven Thought Leaders Honored across Three Categories (finance.yahoo.com) Navigant Consulting Inc.: Alma Angotti and Salvatore LaScala Named Co-Leaders of Navigant’s Global Investigations and Compliance Practice (twst.com) Critical Review: Navigant Consulting (NCI) & Genpact (G) (americanbankingnews.com) Navigant Rides on Technology Investment Amid Staffing Issues (finance.yahoo.com)

    NYSE:NCI opened at $23.59 on Thursday. The company has a market cap of $1.06 billion, a PE ratio of 21.64, a P/E/G ratio of 1.34 and a beta of 0.92. Navigant Consulting has a fifty-two week low of $23.45 and a fifty-two week high of $23.63. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27.

Top Casino Stocks To Own For 2019: Paychex Inc.(PAYX)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Paychex (NASDAQ:PAYX) had its price target increased by research analysts at Citigroup from $64.00 to $67.00 in a research report issued to clients and investors on Thursday. The firm presently has a “neutral” rating on the business services provider’s stock. Citigroup’s target price indicates a potential upside of 0.16% from the company’s previous close.

  • [By ]

    Paychex (Nasdaq: PAYX) is set to do well as the gig economy grows and more small businesses need its outsourced payroll solutions. The company continues to expand into other services including record-keeping for retirement plans, human resources, and health benefits.

  • [By Max Byerly]

    GW&K Investment Management LLC decreased its holdings in shares of Paychex (NASDAQ:PAYX) by 15.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 509,839 shares of the business services provider’s stock after selling 89,891 shares during the quarter. GW&K Investment Management LLC owned 0.14% of Paychex worth $31,401,000 at the end of the most recent quarter.

Top Casino Stocks To Own For 2019: First Merchants Corporation(FRME)

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on First Merchants (FRME)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    First Merchants Co. (NASDAQ:FRME) insider Stephan Fluhler sold 1,047 shares of the stock in a transaction that occurred on Wednesday, June 20th. The shares were sold at an average price of $48.00, for a total value of $50,256.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

  • [By Shane Hupp]

    CBTX (NASDAQ: FRME) and First Merchants (NASDAQ:FRME) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, earnings, valuation, analyst recommendations, institutional ownership and profitability.

  • [By Ethan Ryder]

    Sandy Spring Bancorp (NASDAQ: SASR) and First Merchants (NASDAQ:FRME) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, risk, dividends, analyst recommendations, institutional ownership and earnings.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on First Merchants (FRME)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Meeder Asset Management Inc. decreased its holdings in shares of First Merchants Co. (NASDAQ:FRME) by 26.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,664 shares of the bank’s stock after selling 1,677 shares during the quarter. Meeder Asset Management Inc.’s holdings in First Merchants were worth $195,000 at the end of the most recent quarter.

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