Two Advances by MICROS - Analyst Blog
June 19 2012 - 1:40PM
Zacks
Earlier this week, MICROS Systems, Inc. (MCRS)
was awarded two consecutive advances; one was a contract extension
by the Trump Hotel Collection and the other a partnership expansion
with Delaware North Companies. Both these deals pertain to
providing MICROS’ advanced technology solutions.
In addition to the existing point-of-sale system solution, the
latest award to MICROS came in the form of a contract extension to
now add its OPERA Enterprise Solution (OES) as the primary hotel
management software at Trump Hotel Collection’s Doral Golf Resort
& Spa at Miami, Florida.
Utilizing this platform, Trump Hotel Collection has installed
the OPERA Property Management System (PMS) and OPERA Customer
Information System (OCIS) to blend in solutions flexibly as per
singular demands of management and operations at the
site.
In the second story, MICROS extended its partnership deal with
Delaware North Companies Sportservice to now add the MICROS 9700
Hospitality Management System (HMS) including Food & Beverage
and Retail management functions at the Great American Ball Park at
Cincinnati, Ohio. The inexpensive and wide array of software
solutions would pervasively form the stadium management platform
for the home ground of the Cincinnati Reds.
These business transactions have come as a boon for MICROS both
for its advanced expertise in providing state-of-the-art
hospitality technology solutions and for their increased goodwill.
Retaining and expanding partnerships rather than looking for new
clients not only assists the company's reputation but also helps
sustain valuable long-term bonds.
The Zacks Consensus Estimates for the third quarter and fiscal
2012 stand at 56 cents per share and $2.00 per share, respectively.
At present we have a ‘Neutral’ recommendation on MICROS. The stock
carries a Zacks #2 Rank, which translates into a short-term rating
of Buy.
MICROS SYS (MCRS): Free Stock Analysis Report
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