Melco Resorts Entertainment Stock Analysis
MLCO Stock | USD 6.34 0.03 0.48% |
Melco Resorts Entertainment is undervalued with Real Value of 8.75 and Target Price of 16.09. The main objective of Melco Resorts stock analysis is to determine its intrinsic value, which is an estimate of what Melco Resorts Entertainment is worth, separate from its market price. There are two main types of Melco Resorts' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Melco Resorts' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Melco Resorts' stock to identify patterns and trends that may indicate its future price movements.
The Melco Resorts stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Melco Resorts is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Melco Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Melco Resorts' ongoing operational relationships across important fundamental and technical indicators.
Melco |
Melco Stock Analysis Notes
About 41.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.75. Melco Resorts Entert last dividend was issued on the 28th of February 2020. Melco Resorts Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. Melco Resorts Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited. Melco Resorts operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 17878 people. To find out more about Melco Resorts Entertainment contact Yau Ho at 852 2598 3600 or learn more at https://www.melco-resorts.com.Melco Resorts Quarterly Total Revenue |
|
Melco Resorts Entert Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Melco Resorts' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Melco Resorts Entertainment or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Melco Resorts Entert generated a negative expected return over the last 90 days | |
The company reported the previous year's revenue of 3.78 B. Net Loss for the year was (326.92 M) with profit before overhead, payroll, taxes, and interest of 246.54 M. | |
Melco Resorts Entert has a poor financial position based on the latest SEC disclosures | |
Latest headline from finance.yahoo.com: Melco reaffirms commitment to sustainability in 2023 RISE to go Above Beyond report |
Melco Resorts Entert Upcoming and Recent Events
Earnings reports are used by Melco Resorts to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Melco Resorts previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024 Upcoming Quarterly Report | View | |
8th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
6th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Melco Largest EPS Surprises
Earnings surprises can significantly impact Melco Resorts' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2023-08-01 | 2023-06-30 | -0.06 | -0.05 | 0.01 | 16 | ||
2016-08-04 | 2016-06-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2015-08-06 | 2015-06-30 | 0.09 | 0.08 | -0.01 | 11 |
Melco Resorts Thematic Classifications
In addition to having Melco Resorts stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
CasinosEquities that are issued by public entities related to physical casinos and gambling services or online betting games |
Melco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Melco Resorts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Melco Resorts Entertainment backward and forwards among themselves. Melco Resorts' institutional investor refers to the entity that pools money to purchase Melco Resorts' securities or originate 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 | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.5 M | Long Pond Capital, Lp | 2023-12-31 | 3.5 M | Ubs Group Ag | 2023-12-31 | 3 M | Brightlight Capital Management Llc | 2023-12-31 | 3 M | Barclays Plc | 2023-12-31 | 2.5 M | Bridger Management Llc | 2023-09-30 | 2 M | Torq Capital Management (hk) Ltd | 2023-12-31 | 1.8 M | State Street Corporation | 2023-12-31 | 1.8 M | Renaissance Technologies Corp | 2023-12-31 | 1.6 M | Arga Investment Management, Lp | 2024-03-31 | 29.3 M | Capital Research Global Investors | 2023-12-31 | 17.5 M |
Melco Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Melco Resorts's market, we take the total number of its shares issued and multiply it by Melco Resorts's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Melco Profitablity
Melco Resorts' profitability indicators refer to fundamental financial ratios that showcase Melco Resorts' ability to generate income relative to its revenue or operating costs. If, let's say, Melco Resorts is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Melco Resorts' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Melco Resorts' profitability requires more research than a typical breakdown of Melco Resorts' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.09) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.04) | (0.04) | |
Return On Capital Employed | 0.05 | 0.05 | |
Return On Assets | (0.04) | (0.04) | |
Return On Equity | 0.25 | 0.27 |
Management Efficiency
Melco Resorts Entert has return on total asset (ROA) of 0.0193 % which means that it generated a profit of $0.0193 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (21.5737) %, meaning that it created substantial loss on money invested by shareholders. Melco Resorts' management efficiency ratios could be used to measure how well Melco Resorts manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Melco Resorts' Return On Capital Employed is very stable compared to the past year. As of the 27th of April 2024, Return On Equity is likely to grow to 0.27, though Return On Tangible Assets are likely to grow to (0.04). At this time, Melco Resorts' Total Current Assets are very stable compared to the past year. As of the 27th of April 2024, Intangibles To Total Assets is likely to grow to 0.20, while Total Assets are likely to drop about 7 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | (2.94) | (2.79) | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | (4.13) | (3.92) | |
Enterprise Value Over EBITDA | 12.06 | 11.45 | |
Price Book Value Ratio | (3.02) | (2.87) | |
Enterprise Value Multiple | 12.06 | 11.45 | |
Price Fair Value | (3.02) | (2.87) | |
Enterprise Value | 9.3 B | 6.9 B |
The analysis of Melco Resorts' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Melco Resorts' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Melco Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.102 |
Technical Drivers
As of the 27th of April, Melco Resorts secures the Standard Deviation of 2.79, mean deviation of 2.12, and Risk Adjusted Performance of (0.08). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Melco Resorts Entert, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down thirteen technical drivers for Melco Resorts, which can be compared to its peers in the industry. Please verify Melco Resorts Entert variance and potential upside to decide if Melco Resorts Entertainment is priced some-what accurately, providing market reflects its recent price of 6.34 per share. Given that Melco Resorts Entert has information ratio of (0.17), we recommend you to check Melco Resorts's last-minute market performance to make sure the company can sustain itself at a future point.Melco Resorts Entert Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Melco Resorts middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Melco Resorts Entert. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Melco Resorts Predictive Daily Indicators
Melco Resorts intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Melco Resorts stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Melco Resorts Corporate Filings
6K | 25th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 12th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 9th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 8th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 5th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
22nd of March 2024 Other Reports | ViewVerify | |
6K | 1st of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 23rd of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Melco Resorts Forecast Models
Melco Resorts' time-series forecasting models are one of many Melco Resorts' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Melco Resorts' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Melco Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Melco Resorts prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Melco shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Melco Resorts. By using and applying Melco Stock analysis, traders can create a robust methodology for identifying Melco entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.11) | (0.11) | |
Operating Profit Margin | 0.09 | 0.09 | |
Net Loss | (0.09) | (0.09) | |
Gross Profit Margin | 0.24 | 0.35 |
Current Melco Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Melco analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Melco analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
16.09 | Strong Buy | 14 | Odds |
Most Melco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Melco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Melco Resorts Entert, talking to its executives and customers, or listening to Melco conference calls.
Melco Stock Analysis Indicators
Melco Resorts Entertainment stock analysis indicators help investors evaluate how Melco Resorts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Melco Resorts shares will generate the highest return on investment. By understating and applying Melco Resorts stock analysis, traders can identify Melco Resorts position entry and exit signals to maximize returns.
Begin Period Cash Flow | 1.9 B | |
Long Term Debt | 7.5 B | |
Common Stock Shares Outstanding | 438.2 M | |
Total Stockholder Equity | -1.3 B | |
Tax Provision | -677 K | |
Quarterly Earnings Growth Y O Y | 7.797 | |
Property Plant And Equipment Net | 5.6 B | |
Cash And Short Term Investments | 1.3 B | |
Cash | 1.3 B | |
Accounts Payable | 11.8 M | |
Net Debt | 6.5 B | |
50 Day M A | 7.2994 | |
Total Current Liabilities | 1.1 B | |
Other Operating Expenses | 3.4 B | |
Non Current Assets Total | 6.8 B | |
Forward Price Earnings | 23.9808 | |
Non Currrent Assets Other | 43.3 M | |
Stock Based Compensation | 35.5 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Melco Resorts Entert information on this page should be used as a complementary analysis to other Melco 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Melco Stock analysis
When running Melco Resorts' price analysis, check to measure Melco 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 Melco Resorts is operating at the current time. Most of Melco Resorts' value examination focuses on studying past and present price action to predict the probability of Melco Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melco Resorts' price. Additionally, you may evaluate how the addition of Melco Resorts to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
CEOs Directory Screen CEOs from public companies around the world | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Melco 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 Melco Resorts. If investors know Melco 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 Melco 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 7.797 | Earnings Share (0.75) | Revenue Per Share 8.615 | Quarterly Revenue Growth 2.244 | Return On Assets 0.0193 |
The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco 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 Melco Resorts' market value can be influenced by many factors that don't directly affect Melco 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 Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco 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.