TMCnet - World's Largest Communications and Technology Community



Initiating Research Reports on Resorts & Casinos Equities -- Norwegian Cruise Line, Penn National Gaming, La Quinta, and MGM Resorts
[November 14, 2017]

Initiating Research Reports on Resorts & Casinos Equities -- Norwegian Cruise Line, Penn National Gaming, La Quinta, and MGM Resorts

NEW YORK, Nov. 14, 2017 /PRNewswire/ -- If you want a Stock Review on NCLH, PENN, LQ, or MGM then come over to and sign up for your free customized report. The Resorts and Casinos industry is a fast-paced environment that is always changing with new laws and expanding growth. It is a highly competitive area of the Hospitality industry. For today, focuses on the following equities: Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH), Penn National Gaming Inc. (NASDAQ: PENN), La Quinta Holdings Inc. (NYSE: LQ), and MGM Resorts International (NYSE: MGM). This morning's free research reports on the aforesaid equities are available upon registration on at:

Norwegian Cruise Line Holdings

Miami, Florida headquartered Norwegian Cruise Line Holdings Ltd's stock finished Monday's session 0.07% higher at $55.27 with a total trading volume of 1.72 million shares. The Company's shares have advanced 29.96% on an YTD basis. The stock is trading above its 200-day moving average by 3.80%. Furthermore, shares of the Company, which through its subsidiaries, provides cruise experiences for travelers with various itineraries in North America, the Mediterranean, the Baltic, Central America, Bermuda, and the Caribbean, have a Relative Strength Index (RSI) of 46.71.  

On October 25th, 2017, research firm Argus initiated a 'Buy' rating on the Company's stock, with a target price of $68 per share.

On November 09th, 2017, Norwegian Cruise Line reported financial results for Q3 ended September 30th, 2017. Net income for Q3 2017 was $400.7 million, total revenue increased to $1.7 billion, and gross yield increased 2.0%. Interest expense, net increased to $66.3 million in 2017, and other income (expense), net was an expense of $3.3 million. Visit us today and access our complete research report on NCLH at:

Penn National Gaming

Shares in Wyomissing, Pennsylvania-based Penn National Gaming Inc. ended at $27.15, up 1.00% from the last trading session. The stock recorded a trading volume of 848,477 shares. The Company's shares have gained 14.51% in the last one month, 28.07% in the previous three months, and 96.88% on an YTD basis. The stock is trading 12.90% above its 50-day moving average and 35.74% above its 200-day moving average. Moreover, shares of the Company, which owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment, have an RSI of 75.26.  

On October 26th, 2017, Penn National Gaming announced financial results for the three months ended September 30th, 2017. Q3 2017 highlights included net revenues of $806.2 million, income from continuing operations of $143.7 million, and adjusted EBITDA of $221.8 million. The Company also reduced traditional net debt by $60.5 million compared to June 30th, 2017, while also repurchasing approximately $19 million of common shares during the quarter.

On October 27th, 2017, research firm Telsey Advisory Group downgraded the Company's stock ratingfrom 'Outperform' to 'Market Perform', with a target price of $26 per share. The complimentary report on PENN can be downloaded at:

La Quinta Holdings

Irving, Texas headquartered La Quinta Holdings Inc.'s stock ended yesterday's session 0.77% higher at $17.00 with a total trading volume of 1.28 million shares. The Company's shares have advanced 9.54% over the previous three months and 19.63% on an YTD basis. The stock is trading 13.12% above its 200-day moving average. Additionally, shares of La Quinta, which owns, operates, and franchises select-service hotels under the La Quinta brand, have an RSI of 43.32.  

On October 16th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.

On November 01st, 2017, La Quinta announced its results for the quarter ended September 30th, 2017. For Q3 2017, the Company grew system-wide comparable RevPAR 2.9% over the same period of 2016, reported net income of $12.4 million, and reported total adjusted EBITDA of $93.8 million. As of September 30th, 2017, total cash and cash equivalents was $180.0 million. Register for free on and access the latest research report on LQ at:

MGM Resorts International

On Monday, shares in Las Vegas, Nevada-based MGM Resorts International recorded a trading volume of 6.16 million shares. The stock finished 0.55% higher at $33.06. The Company's shares have advanced 11.16% in the last one month, 4.65% in the previous three months, and 14.67% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.36% and 8.41%, respectively. Furthermore, shares of MGM Resorts, which through its wholly owned subsidiaries, owns and/or operates casino resorts in the US and China, have an RSI of 63.67.  

On November 07th, 2017, MGM Resorts' Board of Directors approved a quarterly dividend of $0.11 per share totaling $62 million, which will be paid on December 15th, 2017, to holders of record on December 11th, 2017. Get free access to your research report on MGM at:


Daily Stock Tracker:

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number:  (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:


[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy