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Melco Resorts & Entertainment (MLCO)
NASDAQ:MLCO
RESEARCH TOOLSreports
Melco Resorts & Entertainment (MLCO) Stock Price & Analysis
629 Followers
MLCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.10 - $13.91
Previous Close$8.06
Volume1.31M
Average Volume (3M)3.54M
Market Cap
$3.47B
Enterprise Value$10.21B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$7.55B
Price to Earnings (P/E)―
Beta0.59
Next Earnings
Jul 24, 2024EPS Estimate
$0.08Last Dividend Ex-Date
Feb 28, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding443,226,356
10 Day Avg. Volume3,256,180
30 Day Avg. Volume3,538,464
Standard Deviation0.16
R-Squared0.13
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-2.13
Price to Sales (P/S)0.95
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.97
Enterprise Value/Gross Profit7.22
Enterprise Value/Ebitda-75.65
Forecast
1Y Price Target
$10.35Price Target Upside30.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Melco Resorts & Entertainment News
PremiumCompany Announcements
Melco Resorts Unveils Q1 2024 Financials
Bulls Say, Bears Say
Bulls Say
Financial HealthProjected free cash flow for Melco is strong for 2024, supporting debt repayment and implying a healthy free cash flow yield.
Market Share GrowthMelco's market share in Macau's gross gaming revenues is expected to increase, reflecting improvements in operational management and customer offerings.
Stock UpgradeAnalyst upgrades Melco from Neutral to Buy with a raised price objective of US$10.4 due to investment in customer services and reduced promotional competition.
Bears Say
Debt And Financial StrategyLittle chance of a resumption of dividend near term as it prefers to deploy free cash flow to deleverage.
Financial PerformanceMelco's fourth quarter earnings before interest, taxes, depreciation, and amortization missed consensus by 6%.
Market Share And GrowthMarket share gains for Melco are anticipated to take time, with limited current signs of growth.
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Ownership Overview
0.00%
Insiders
11.13% Mutual Funds
29.72% Other Institutional Investors
59.15% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MLCO FAQ
What was Melco Resorts & Entertainment’s price range in the past 12 months?
Melco Resorts & Entertainment lowest stock price was $6.10 and its highest was $13.91 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 54 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 $0.08.
How many shares outstanding does Melco Resorts & Entertainment have?
Melco Resorts & Entertainment has 437,090,270 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 down -0.608%.
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 111M.
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Melco Resorts & Entertainment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$10.35 (30.43% Upside)
$10.35 (30.43% Upside)
Blogger Sentiment
Bullish
MLCO Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 6.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 6.5%
Last 30 Days ▲ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.16%
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.
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MLCO Company Deck
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MLCO Earnings Call
Q1 2024
0:00 / 0:00
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MLCO Stock 12 Month Forecast
Average Price Target
$10.35
▲(30.43% Upside)
Technical Analysis
Best Analysts Covering MLCO
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+26.85%
reiterated a buy rating 30 days ago
Copying Vitaly Umansky's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +26.85% per trade.
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