Melco Resorts Entertainment Stock Today
| MLCO Stock | USD 7.78 0.11 1.43% |
Performance0 of 100
| Odds Of DistressLess than 42
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Melco Resorts is selling at 7.78 as of the 8th of May 2024; that is 1.43% increase since the beginning of the trading day. The stock's open price was 7.67. Melco Resorts has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Melco Resorts Entertainment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 19th of December 2006 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 437.09 M outstanding shares of which 10.17 M shares are now shorted by private and institutional investors with about 4.5 trading days to cover. More on Melco Resorts Entertainment
Moving together with Melco Stock
| 0.77 | WH | Wyndham Hotels Resorts | PairCorr |
| 0.87 | WW | WW International | PairCorr |
Moving against Melco Stock
| 0.88 | BH | Biglari Holdings | PairCorr |
| 0.87 | CDROW | Codere Online Luxembourg | PairCorr |
| 0.79 | SG | Sweetgreen | PairCorr |
| 0.75 | WING | Wingstop | PairCorr |
| 0.7 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.68 | DPZ | Dominos Pizza | PairCorr |
| 0.67 | H | Hyatt Hotels | PairCorr |
Melco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Melco Resorts' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Melco Resorts or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Melco Resorts' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Melco Resorts' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | Yau Ho | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, Hotels, Casinos, Restaraunts Hotels Motels, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Gambling | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Melco Resorts report their recommendations after researching Melco Resorts' financial statements, talking to executives and customers, or listening in on Melco Resorts' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Melco Resorts Entert. The Melco consensus assessment is calculated by taking the average forecast from all of the analysts covering Melco Resorts. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Melco Resorts' liquidity, profitability, solvency, and operating efficiency, Melco Resorts Entertainment may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Melco Resorts Entert is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Melco Resorts' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Melco Resorts' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Melco Resorts' financial leverage. It provides some insight into what part of Melco Resorts' total assets is financed by creditors.
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Melco Resorts Entertainment (MLCO) is traded on NASDAQ Exchange in USA. It is located in The Centrium, Central, Hong Kong and employs 20,209 people. Melco Resorts is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.2 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 Resorts Entert conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 437.09 M outstanding shares of which 10.17 M shares are now shorted by private and institutional investors with about 4.5 trading days to cover.
Melco Resorts Entertainment currently holds about 1.52 B in cash with 622.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.42.
Check Melco Resorts Probability Of Bankruptcy
Ownership AllocationMelco Resorts Entert maintains a total of 437.09 Million outstanding shares. 30% of Melco Resorts outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Melco Ownership Details
Melco Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Melco Resorts jumping above the current price in 90 days from now is about 35.27%. The Melco Resorts Entertainment probability density function shows the probability of Melco Resorts stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Melco Resorts has a beta of 0.2358. This indicates as returns on the market go up, Melco Resorts average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Melco Resorts Entertainment will be expected to be much smaller as well. Additionally, melco Resorts Entertainment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Melco Resorts to move above the current price in 90 days from now is about 35.27 (This Melco Resorts Entertainment probability density function shows the probability of Melco Stock to fall within a particular range of prices over 90 days) .
Melco Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Melco Resorts that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Melco Resorts' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Melco Resorts' value.| Instituion | Recorded On | Shares | |
| 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 | |
| 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 | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 1.3 M | |
| Millennium Management Llc | 2023-12-31 | 1.2 M | |
| Arga Investment Management, Lp | 2024-03-31 | 29.3 M | |
| Capital Research Global Investors | 2023-12-31 | 17.5 M |
Melco Resorts Historical Income Statement
Melco Resorts Entertainment Income Statement is one of the three primary financial statements used for reporting Melco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Melco Resorts Entert revenue and expense. Melco Resorts Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Melco Resorts' Interest Expense is very stable compared to the past year. As of the 8th of May 2024, Operating Income is likely to grow to about 354.3 M, while Depreciation And Amortization is likely to drop about 370.4 M. View More FundamentalsMelco Stock Against Markets
Picking the right benchmark for Melco Resorts stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Melco Resorts stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Melco Resorts is critical whether you are bullish or bearish towards Melco Resorts Entertainment at a given time. Please also check how Melco Resorts' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Melco Resorts without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
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Melco Resorts Corporate Management
Elected by the shareholders, the Melco Resorts' board of directors comprises two types of representatives: Melco Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Melco. The board's role is to monitor Melco Resorts' management team and ensure that shareholders' interests are well served. Melco Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Melco Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Graham Winter | Executive Officer | Profile | |
| Robin CFA | Director Relations | Profile | |
| Amy Kuzdowicz | Senior Officer | Profile | |
| Jeanny Kim | Senior Treasurer | Profile |
How to buy Melco Stock?
Before investing in Melco Resorts, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Melco Resorts. To buy Melco Resorts stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Melco Resorts. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Melco Resorts stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Melco Resorts Entertainment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Melco Resorts Entertainment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Melco Resorts Entertainment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Melco Stock please use our How to Invest in Melco Resorts guide.
Already Invested in Melco Resorts Entertainment?
The danger of trading Melco Resorts Entertainment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Melco Resorts is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Melco Resorts. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Melco Resorts Entert is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Melco Resorts Entert offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Melco Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Melco Resorts Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Melco Resorts Entertainment Stock: 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.
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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 (0.53) | Revenue Per Share 9.545 | Quarterly Revenue Growth 0.553 | Return On Assets 0.0295 |
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.