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Melco Resorts & Entertainment (GB:0A2P)
LSE:0A2P
RESEARCH TOOLSreports
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0A2P Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.78 - $10.30
Previous Close$5.57
Volume1.51K
Average Volume (3M)8.02K
Market Cap
$2.51B
Enterprise Value$9.19B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$7.55B
Price to Earnings (P/E)―
Beta1.91
Next Earnings
Nov 05, 2024EPS Estimate
$0.07Last Dividend Ex-Date
Feb 28, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.31
Shares Outstanding443,226,356
10 Day Avg. Volume3,335
30 Day Avg. Volume8,019
Standard Deviation0.17
R-Squared0.09
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-1.96
Price to Sales (P/S)0.67
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.08
Enterprise Value/Gross Profit6.50
Enterprise Value/Ebitda-68.11
Forecast
1Y Price Target
$9.56Price Target Upside69.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Melco Resorts & Entertainment News
PremiumCompany Announcements
Melco Resorts Finance Unveils Mid-Year Financials
PremiumCompany Announcements
Melco Resorts Completes $44.5M Share Buyback
PremiumCompany Announcements
Melco Resorts Reports Strong Q2 GrowthBulls Say, Bears Say
Bulls Say
Expansion OpportunitiesCity of Dreams Sri Lanka will be the only integrated resort in South Asia, offering a unique opportunity to capture rapidly growing wealth in India.
Market ShareMelco's market share in Macau GGR is likely higher in Q2, indicating strong performance.
Stock RepurchaseThe company announced it has acquired 8.3 million ADSs (1.9% of the total outstanding) in the open market for an aggregate consideration of $44.5 million.
Bears Say
EarningsEBITDA and cash earnings estimates were tweaked down due to a small EBITDA margin miss for 2Q24 and below-the-line items.
Market OutlookA more conservative GGR outlook is warranted given weak Mainland consumption trends and likely weaker Macau visitation trends.
Regulatory ChangesThe new provision in Macau’s 'Law to Combat Gambling Crimes' draft to criminalize unlicensed currency change in casinos and ancillary facilities represents a significant regulatory change.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
14.10% Mutual Funds
31.26% Other Institutional Investors
54.65% 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 $4.78 and its highest was $10.30 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 Nov 05, 2024 which is in 47 days.
How were Melco Resorts & Entertainment’s earnings last quarter?
Melco Resorts & Entertainment released its earnings results on Aug 13, 2024. The company reported $0.049 earnings per share for the quarter, missing the consensus estimate of $0.087 by -$0.038.
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 $0.07.
How many shares outstanding does Melco Resorts & Entertainment have?
Melco Resorts & Entertainment has 440,422,120 shares outstanding.
What happened to Melco Resorts & Entertainment’s price movement after its last earnings report?
Melco Resorts & Entertainment reported an EPS of $0.049 in its last earnings report, missing expectations of $0.087. Following the earnings report the stock price went down -4.921%.
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 131M.
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Melco Resorts & Entertainment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$9.56 (69.96% Upside)
$9.56 (69.96% Upside)
Blogger Sentiment
Bullish
GB:0A2P Sentiment 100%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-9.75%
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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0A2P Company Deck
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0A2P Earnings Call
Q2 2024
0:00 / 0:00
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0A2P Stock 12 Month Forecast
Average Price Target
$9.56
▲(69.96% Upside)
Technical Analysis
Melco Resorts & Entertainment
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Wynn Resorts
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Las Vegas Sands
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MGM Resorts
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Caesars Entertainment
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Best Analysts Covering 0A2P
1 Year
1 Year Success Rate
6/9 ratings generated profit
1 Year Average Return
+17.50%
reiterated a buy rating last month
Copying Vitaly Umansky's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +17.50% per trade.
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