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Melco Resorts & Entertainment (MLCO)
NASDAQ:MLCO
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MLCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.78 - $9.56
Previous Close$6.21
Volume2.77M
Average Volume (3M)3.63M
Market Cap
$2.61B
Enterprise Value$9.29B
Total Cash (Recent Filing)$1.31B
Total Debt (Recent Filing)$7.55B
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Feb 20, 2025EPS Estimate
$0.06Last Dividend Ex-Date
Feb 28, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-0.21
Shares Outstanding443,226,356
10 Day Avg. Volume3,451,276
30 Day Avg. Volume3,628,298
Standard Deviation0.18
R-Squared0.09
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-2.12
Price to Sales (P/S)0.73
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.27
Enterprise Value/Gross Profit6.58
Enterprise Value/Ebitda-68.85
Forecast
1Y Price Target
$8.93Price Target Upside45.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Melco Resorts & Entertainment News
PremiumCompany Announcements
Melco Resorts’ Financial Strategies and Market Position
PremiumCompany Announcements
Melco Resorts Sees Strong Q3 Growth Amid Macau Recovery
PremiumCompany Announcements
Melco Resorts Reports Strong Q3 2024 EarningsBulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst raises 2025-26E property EBITDA for Melco by 9% and cash earnings by 27-29% due to higher sector GGR forecast.
Operational ImprovementsMelco continues to make improvements at its operations, including renovating part of its casino floors at City of Dreams.
Stock ValuationThe scale of the buyback was larger than expected and should support the stock valuation.
Bears Say
Dividend ConcernsMelco is not expected to resume the dividend until 2026, which is a concern for income-focused investors.
Investor SentimentA consumption recovery would still likely take time, impacting investor sentiment.
Market ShareMelco's Macau GGR market share slipped 0.5ppt QoQ to 14.5% in Q3 amid fierce competition.
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Ownership Overview
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Insiders
9.96% Mutual Funds
25.26% Other Institutional Investors
63.96% 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 $4.78 and its highest was $9.56 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 Feb 20, 2025 which is in 60 days.
How were Melco Resorts & Entertainment’s earnings last quarter?
Melco Resorts & Entertainment released its earnings results on Nov 05, 2024. The company reported $0.063 earnings per share for the quarter, beating the consensus estimate of $0.061 by $0.002.
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 $0.163 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 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 $0.063 in its last earnings report, beating expectations of $0.061. Following the earnings report the stock price went up 2.588%.
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 49M.
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Melco Resorts & Entertainment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.93 (45.20% Upside)
$8.93 (45.20% Upside)
Blogger Sentiment
Bullish
MLCO Sentiment 66%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 11.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.69%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-8.25%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook with significant achievements in EBITDA growth, liquidity, and successful project launches, such as the City of Dreams Sri Lanka. However, some challenges persist, particularly in Cyprus, and the promotional environment remains intense but stable.Read More>---
MLCO Stock 12 Month Forecast
Average Price Target
$8.93
▲(45.20% Upside)
Technical Analysis
Best Analysts Covering MLCO
1 Year
1 Year Success Rate
6/10 ratings generated profit
1 Year Average Return
+17.23%
reiterated a buy rating 2 months ago
Copying Vitaly Umansky's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +17.23% per trade.
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