Mgm Resorts International Stock Buy Hold or Sell Recommendation
| MGM Stock | USD 42.85 0.42 0.99% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding MGM Resorts International is 'Strong Hold'. Macroaxis provides MGM Resorts buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MGM positions. The advice algorithm takes into account all of MGM Resorts' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MGM Resorts' buy or sell advice are summarized below:
Real Value 50.19 | Target Price 56.78 | Hype Value 42.43 | Market Value 42.85 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MGM Resorts International given historical horizon and risk tolerance towards MGM Resorts. When Macroaxis issues a 'buy' or 'sell' recommendation for MGM Resorts International, the advice is generated through an automated system that utilizes algorithms and statistical models.
MGM |
Execute MGM Resorts Buy or Sell Advice
The MGM recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MGM Resorts International. Macroaxis does not own or have any residual interests in MGM Resorts International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MGM Resorts' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
MGM Resorts Trading Alerts and Improvement Suggestions
| MGM Resorts is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Pool Corp to Report Q1 Earnings Heres What to Expect |
MGM Resorts Returns Distribution Density
The distribution of MGM Resorts' historical returns is an attempt to chart the uncertainty of MGM Resorts' future price movements. The chart of the probability distribution of MGM Resorts daily returns describes the distribution of returns around its average expected value. We use MGM Resorts International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MGM Resorts returns is essential to provide solid investment advice for MGM Resorts.
| Mean Return | -0.0004 | Value At Risk | -2.89 | Potential Upside | 2.89 | Standard Deviation | 1.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MGM Resorts historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MGM Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MGM Resorts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MGM Resorts International backward and forwards among themselves. MGM Resorts' institutional investor refers to the entity that pools money to purchase MGM Resorts' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fisher Asset Management, Llc | 2023-12-31 | 4.4 M | Amvescap Plc. | 2023-12-31 | 3.8 M | Bank Of America Corp | 2023-12-31 | 3.5 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.4 M | Goldman Sachs Group Inc | 2023-12-31 | 3.3 M | Norges Bank | 2023-12-31 | 3.1 M | Northern Trust Corp | 2023-12-31 | 2.6 M | Southeastern Asset Management Inc | 2023-12-31 | 2.5 M | Charles Schwab Investment Management Inc | 2023-12-31 | 2.4 M | Vanguard Group Inc | 2023-12-31 | 30.5 M | Blackrock Inc | 2023-12-31 | 21.7 M |
MGM Resorts Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6.5M | 14.7M | 3.1M | (26.6M) | (15.5M) | (14.7M) | |
| Change In Cash | 802.8M | 2.8B | 101.4M | 833.3M | (3.0B) | (2.8B) | |
| Free Cash Flow | 1.1B | (1.8B) | 882.7M | 991.4M | 1.8B | 1.8B | |
| Depreciation | 1.3B | 1.2B | 1.2B | 3.5B | 814.1M | 686.4M | |
| Other Non Cash Items | (2.1B) | (884.5M) | (1.4B) | (2.6B) | 625.2M | 656.4M | |
| Capital Expenditures | 739.0M | 270.6M | 490.7M | 765.1M | 931.8M | 738.6M | |
| Net Income | 2.2B | (1.3B) | 1.2B | 206.7M | 1.1B | 1.2B | |
| End Period Cash Flow | 2.3B | 5.1B | 5.2B | 6.0B | 2.9B | 3.1B | |
| Dividends Paid | 271.3M | 77.6M | 4.8M | 4.0M | 957K | 909.2K | |
| Investments | 4.2B | (33.0M) | (217.2M) | (244.4M) | 115.0M | 109.2M | |
| Change Receivables | (726.6M) | 960.1M | (236.2M) | (211.7M) | (243.4M) | (231.3M) | |
| Net Borrowings | (4.2B) | 2.4B | (1.4B) | 76.6M | 88.1M | 92.5M | |
| Change To Netincome | (1.6B) | (977.0M) | 205.0M | (2.5B) | (2.3B) | (2.2B) |
MGM Resorts Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MGM Resorts or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MGM Resorts' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MGM stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.15 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.05 |
MGM Resorts Volatility Alert
MGM Resorts International exhibits very low volatility with skewness of -0.84 and kurtosis of 3.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MGM Resorts' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MGM Resorts' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MGM Resorts Implied Volatility
MGM Resorts' implied volatility exposes the market's sentiment of MGM Resorts International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MGM Resorts' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that MGM Resorts stock will not fluctuate a lot when MGM Resorts' options are near their expiration.
MGM Resorts Fundamentals Vs Peers
Comparing MGM Resorts' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MGM Resorts' direct or indirect competition across all of the common fundamentals between MGM Resorts and the related equities. This way, we can detect undervalued stocks with similar characteristics as MGM Resorts or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MGM Resorts' fundamental indicators could also be used in its relative valuation, which is a method of valuing MGM Resorts by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MGM Resorts to competition |
| Fundamentals | MGM Resorts | Peer Average |
| Return On Equity | 0.27 | -0.31 |
| Return On Asset | 0.0225 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 42.83 B | 16.62 B |
| Shares Outstanding | 317.02 M | 571.82 M |
| Shares Owned By Insiders | 21.21 % | 10.09 % |
| Shares Owned By Institutions | 68.79 % | 39.21 % |
| Number Of Shares Shorted | 13.4 M | 4.71 M |
| Price To Earning | 11.79 X | 28.72 X |
| Price To Book | 3.53 X | 9.51 X |
| Price To Sales | 0.84 X | 11.42 X |
| Revenue | 16.16 B | 9.43 B |
| Gross Profit | 6.47 B | 27.38 B |
| EBITDA | 2.4 B | 3.9 B |
| Net Income | 1.14 B | 570.98 M |
| Cash And Equivalents | 5.91 B | 2.7 B |
| Cash Per Share | 13.79 X | 5.01 X |
| Total Debt | 31.47 B | 5.32 B |
| Debt To Equity | 5.69 % | 48.70 % |
| Current Ratio | 1.49 X | 2.16 X |
| Book Value Per Share | 11.67 X | 1.93 K |
| Cash Flow From Operations | 2.69 B | 971.22 M |
| Short Ratio | 4.14 X | 4.00 X |
| Earnings Per Share | 3.19 X | 3.12 X |
| Price To Earnings To Growth | 15.74 X | 4.89 X |
| Target Price | 55.33 | |
| Number Of Employees | 58 K | 18.84 K |
| Beta | 2.2 | -0.15 |
| Market Capitalization | 13.45 B | 19.03 B |
| Total Asset | 42.37 B | 29.47 B |
| Retained Earnings | 3.66 B | 9.33 B |
| Working Capital | 1.78 B | 1.48 B |
Note: Acquisition by Mckinney-james Rose of tradable shares of MGM Resorts subject to Rule 16b-3 [view details]
MGM Resorts Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MGM . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MGM Resorts Buy or Sell Advice
When is the right time to buy or sell MGM Resorts International? Buying financial instruments such as MGM Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 24.6B | 33.9B | 31.5B | 33.0B | Total Assets | 40.9B | 45.7B | 42.4B | 44.5B |
Use Investing Ideas to Build Portfolios
In addition to having MGM Resorts in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out MGM Resorts Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the MGM Resorts International information on this page should be used as a complementary analysis to other MGM Resorts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running MGM Resorts' price analysis, check to measure MGM Resorts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
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Is MGM Resorts' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.342 | Earnings Share 3.19 | Revenue Per Share 45.414 | Quarterly Revenue Growth 0.219 | Return On Assets 0.0225 |
The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.