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Melco Resorts & Entertainment Limited (MLCO)
6.2  0 (0%)    04-24 13:12
Open: 6.2
High: 6.268
Volume: 1,443,393
  
Pre. Close: 6.2
Low: 6.11
Market Cap: 2,710(M)
Technical analysis
2024-04-24 12:51:09 PM
Short term     
Mid term     
Targets 6-month :  8.26 1-year :  8.97
Resists First :  7.07 Second :  7.67
Pivot price 6.75
Supports First :  6.1 Second :  5.07
MAs MA(5) :  6.19 MA(20) :  6.9
MA(100) :  7.86 MA(250) :  9.6
MACD MACD :  -0.4 Signal :  -0.3
%K %D K(14,3) :  5.6 D(3) :  4.5
RSI RSI(14): 29.6
52-week High :  14 Low :  6.1
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ MLCO ] has closed above bottom band by 19.5%. Bollinger Bands are 21.3% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.34 - 6.37 6.37 - 6.4
Low: 6.11 - 6.14 6.14 - 6.17
Close: 6.14 - 6.2 6.2 - 6.25
Company Description

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets that comprises 290 gaming tables and 645 gaming machines in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with 813 gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.

Headline News

Wed, 24 Apr 2024
Melco Resorts CEO advocates for multiple-entry Visa scheme between Hengqin and Macau - Gambling Insider

Tue, 23 Apr 2024
GGRAsia – Some Macau casino resort hotels flag no beds for May hols - GGRAsia

Sun, 21 Apr 2024
Melco Resorts (MLCO) Q2 Earnings & Revenues Lag Estimates - Yahoo Movies Canada

Thu, 18 Apr 2024
Melco Resorts & Entertainment (NASDAQ:MLCO) Reaches New 1-Year Low at $6.29 - MarketBeat

Sat, 13 Apr 2024
Melco Resorts & Entertainment (NASDAQ:MLCO) Could Be At Risk Of Shrinking As A Company - Yahoo Finance

Fri, 12 Apr 2024
Melco Resorts Announces Shareholder Meeting Date - TipRanks.com - TipRanks

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Consumer Cyclical
Industry:
Gambling, Resorts & Casinos
Shares Out 443 (M)
Shares Float 570 (M)
Held by Insiders 0 (%)
Held by Institutions 41 (%)
Shares Short 10,670 (K)
Shares Short P.Month 5,500 (K)
Stock Financials
EPS -0.75
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) -2.95
Profit Margin -8.7 %
Operating Margin 10.3 %
Return on Assets (ttm) 1.9 %
Return on Equity (ttm) 0 %
Qtrly Rev. Growth 224.3 %
Gross Profit (p.s.) 0
Sales Per Share 8.52
EBITDA (p.s.) 1.84
Qtrly Earnings Growth 0 %
Operating Cash Flow 623 (M)
Levered Free Cash Flow 446 (M)
Stock Valuations
PE Ratio -8.28
PEG Ratio 3.2
Price to Book value -2.12
Price to Sales 0.72
Price to Cash Flow 4.41
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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