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Melco Resorts & Entertainment (MLCO)
NASDAQ:MLCO
RESEARCH TOOLSreports
Melco Resorts & Entertainment (MLCO) Stock Price & Analysis
607 Followers
MLCO Stock Chart & Stats
Day’s Range$6.3 - $6.89
52-Week Range― - ―
Previous Close$6.89
Volume7.94M
Average Volume (3M)N/A
Market Cap
$3.04B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 08, 2024EPS Estimate
$0.03Last Dividend Ex-Date
Feb 28, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$9.03Price Target Upside41.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Melco Resorts & Entertainment News
PremiumCompany Announcements
Melco Resorts Announces Shareholder Meeting Date
PremiumCompany Announcements
Melco Resorts Finance Debuts $750M Senior Notes
PremiumCompany Announcements
Melco Resorts Finance Proposes Senior Notes Offering
PremiumCompany Announcements
Melco Resorts Releases Comprehensive 2023 Financial Report
Bulls Say, Bears Say
Bulls Say
Debt ManagementMelco is focusing on deleveraging, having repaid a significant amount of debt and continuing its commitment to reduce leverage.
Financial RestructuringMelco's recent financing activities are expected to improve its capital structure and liquidity position, enhancing the visibility for future dividend payments.
Market PerformanceStudio City outperformed in with its gross gaming revenue increasing significantly.
Bears Say
Earnings ForecastMelco's earnings forecasts for FY24-26 have been lowered due to increased financing and promotion costs.
Financial PerformanceMelco's fourth quarter earnings before interest, taxes, depreciation, and amortization missed consensus by 6%.
Market ShareMarket share gains for Melco are anticipated to take time, with limited current signs of growth.
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Ownership Overview
0.00%
Insiders
10.12% Mutual Funds
7.39% Other Institutional Investors
82.48% 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?
Currently, no data Available
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 May 08, 2024 which is in 20 days.
How were Melco Resorts & Entertainment’s earnings last quarter?
Melco Resorts & Entertainment released its earnings results on Feb 29, 2024. The company reported -$0.358 earnings per share for the quarter, missing the consensus estimate of -$0.037 by -$0.321.
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 $0.03.
How many shares outstanding does Melco Resorts & Entertainment have?
Currently, no data Available
What happened to Melco Resorts & Entertainment’s price movement after its last earnings report?
Melco Resorts & Entertainment reported an EPS of -$0.358 in its last earnings report, missing expectations of -$0.037. Following the earnings report the stock price went down -6.416%.
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.
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Melco Resorts & Entertainment Stock Smart Score
Neutral
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.03 (41.09% Upside)
$9.03 (41.09% Upside)
Blogger Sentiment
Bullish
MLCO Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.33%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-10.39%
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 Stock 12 Months Forecast
Average Price Target
$9.03
▲(41.09% Upside)
Technical Analysis
Best Analysts Covering MLCO
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
+3.59%
reiterated a buy rating 5 months ago
Copying George Choi's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +3.59% per trade.
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