Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Melco Resorts & Entertainment (GB:0A2P)
LSE:0A2P
RESEARCH TOOLSreports
Melco Resorts & Entertainment (0A2P) Share Price & Analysis
1 Followers
0A2P Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.13 - $13.90
Previous Close$6.57
Volume11.53K
Average Volume (3M)3.88K
Market Cap
$3.09B
Enterprise Value$9.77B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$7.55B
Price to Earnings (P/E)-15.8
Beta1.93
Next Earnings
Jul 24, 2024EPS Estimate
$0.06Last Dividend Ex-Date
Feb 28, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding443,226,356
10 Day Avg. Volume45
30 Day Avg. Volume3,884
Standard Deviation0.16
R-Squared0.58
Alpha0.00265
Financial Highlights & Ratios
Price to Book (P/B)-1.74
Price to Sales (P/S)1.86
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.16
Enterprise Value/Gross Profit6.92
Enterprise Value/Ebitda-72.41
Forecast
1Y Price Target
$9.71Price Target Upside47.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Melco Resorts & Entertainment News
PremiumStock Analysis & Ideas
These 3 Macau Casino Stocks Are a Good Bet, Says Seaport
PremiumCompany Announcements
Melco Resorts Triumphs in Q1 with Soaring Revenue
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMelco Resorts has strengthened its balance sheet, preparing it to invest in an asset-light project in Sri Lanka, showing management's commitment to growth.
Financial PerformanceMelco Resorts & Entertainment achieved record-high mass volumes in March, indicating strong performance in the gaming sector.
Strategic InitiativesThe company's strategic location of Studio City positions Melco Resorts to greatly benefit from the Hengqin-Macau multi-entry visa arrangement.
Bears Say
Dividend ExpectationsLittle chance of a resumption of dividend near term as it prefers to deploy free cash flow to deleverage.
Financial PerformanceMelco's earnings forecasts for FY24-26 have been lowered due to increased financing and promotion costs.
Market Share GrowthMarket share gains for Melco are anticipated to take time, with limited current signs of growth.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.00%
Insiders
10.12% Mutual Funds
7.49% Other Institutional Investors
82.39% Public Companies and
Individual Investors
0A2P FAQ
What was Melco Resorts & Entertainment’s price range in the past 12 months?
Melco Resorts & Entertainment lowest share price was $6.13 and its highest was $13.90 in the past 12 months.
What is Melco Resorts & Entertainment’s market cap?
Currently, no data Available
When is Melco Resorts & Entertainment’s upcoming earnings report date?
Melco Resorts & Entertainment’s upcoming earnings report date is Jul 24, 2024 which is in 83 days.
How were Melco Resorts & Entertainment’s earnings last quarter?
Melco Resorts & Entertainment released its earnings results on Apr 30, 2024. The company reported $0.035 earnings per share for the quarter, beating the consensus estimate of $0.028 by $0.007.
Is Melco Resorts & Entertainment overvalued?
According to Wall Street analysts Melco Resorts & Entertainment’s price is currently Undervalued.
Does Melco Resorts & Entertainment pay dividends?
Melco Resorts & Entertainment pays a Quarterly dividend of $0.16 which represents an annual dividend yield of N/A. See more information on Melco Resorts & Entertainment dividends here
What is Melco Resorts & Entertainment’s EPS estimate?
Melco Resorts & Entertainment’s EPS estimate is $0.06.
How many shares outstanding does Melco Resorts & Entertainment have?
Melco Resorts & Entertainment has 443,226,350 shares outstanding.
What happened to Melco Resorts & Entertainment’s price movement after its last earnings report?
Melco Resorts & Entertainment reported an EPS of $0.035 in its last earnings report, beating expectations of $0.028. Following the earnings report the stock price went up 2.136%.
Which hedge fund is a major shareholder of Melco Resorts & Entertainment?
Among the largest hedge funds holding Melco Resorts & Entertainment’s share is Eminence Capital LLC. It holds Melco Resorts & Entertainment’s shares valued at 103M.
---
Melco Resorts & Entertainment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.71 (47.91% Upside)
$9.71 (47.91% Upside)
Blogger Sentiment
Bullish
GB:0A2P Sentiment 100%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-52.07%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.86%
Trailing 12-Months
Company Description
Melco Resorts & Entertainment
Melco Resorts & Entertainment Ltd. engages in owning, management, and development of casino gaming and entertainment resort facilities. It operates through the Macau and Philippines geographical segments. Its businesses include City of Dreams, Altira Macau, Studio City, Mocha Clubs, Taipa Square Casino, and City of Dreams Manila. The company was founded on December 17, 2004 and is headquartered in Hong Kong.
---
0A2P Company Deck
---
0A2P Earnings Call
Q1 2024
0:00 / 0:00
---
0A2P Stock 12 Months Forecast
Average Price Target
$9.71
▲(47.91% Upside)
Technical Analysis
Melco Resorts & Entertainment
―
Wynn Resorts
―
Las Vegas Sands
―
MGM Resorts
―
Caesars Entertainment
―
Best Analysts Covering 0A2P
1 Year
1 Year Success Rate
5/7 ratings generated profit
1 Year Average Return
+25.87%
initiated a buy rating 18 days ago
Copying Vitaly Umansky's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +25.87% per trade.
---