MLCO

Melco Resorts & Entertainment Limited [MLCO] Stock Forecast

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MLCO Stock Summary

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In the News

06:56 26 Feb 2024 MLCO

Melco Announces Earnings Release Date

MACAU, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2023 on Thursday, February 29, 2024 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time).

05:18 26 Feb 2024 MLCO

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02:22 26 Feb 2024 MLCO

Roll the Dice on These 3 Gambling Stocks for Big-Win Potential

With both the Chinese gambling hub of Macau and Las Vegas casinos doing very well, this is an excellent time to buy the top gambling stocks. In Macau, gross gaming revenue (GGR) soared 400% last month versus the same period in 2022 to $2.42 billion.

06:27 26 Feb 2024 MLCO

A Bull Market Might Be Coming, but These 2 Stocks Aren't Along for the Ride Just Yet

Stock markets were broadly higher on Tuesday. However, Shockwave Medical shares fell despite strong results from the medical device maker in the third quarter of 2023.

07:01 26 Feb 2024 MLCO

Melco Announces Earnings Release Date

MACAU, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the third quarter of 2023 on Tuesday, November 7, 2023 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time).

04:00 26 Feb 2024 MLCO

Sports Betting: 3 Hottest Profit Plays to Make Now

Sports betting stocks are definitely stocks to consider, if diversification is important to you. The sports betting industry is often overlooked by investors, despite offering great investment opportunities.

01:32 26 Feb 2024 MLCO

Melco (MLCO) Moves to Buy: Rationale Behind the Upgrade

Melco (MLCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

03:30 26 Feb 2024 MLCO

The 7 Best Gaming Stocks to Buy in August

Online gambling has supercharged the gaming sector. The amount of money bet on sporting events in the U.S. will surge 45% this year to almost $137 billion, research firm Insider Intelligence estimates.

07:09 26 Feb 2024 MLCO

Melco Announces Earnings Release Date

MACAU, July 28, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the second quarter of 2023 on Tuesday, August 1, 2023 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 8:30 p.m. Singapore Time).

02:23 26 Feb 2024 MLCO

Melco Resorts & Entertainment Limited (MLCO) Q1 2023 Earnings Call Transcript

Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Chairman & Chief Executive Officer Geoffrey Davis - Executive Vice President & Chief Financial Officer David Sisk - Chief Operating Officer, Macau Resorts Conference Call Participants George Choi - Citi Praveen Choudhary - Morgan Stanley Angus Chan - UBS Simon Cheung - Goldman Sachs Joseph Greff - JPMorgan Operator Ladies and gentlemen, thank you for participating in the First Quarter 2023 Earnings Conference Call of Melco Resorts & Entertainment Limited. [Operator Instructions] Today's conference is being recorded.

MLCO Financial details

Company Rating
Sell
Market Cap
3.75B
Income
-434.43M
Revenue
3.02B
Book val./share
-2.57
Cash/share
3.24
Dividend
-
Dividend %
-
Employees
16.91K
Optionable
No
Shortable
Yes
Earnings
28 Feb 2024
P/E
-8.4
Forward P/E
8.18
PEG
1.65
P/S
1.21
P/B
-3.25
P/C
2.65
P/FCF
-14.26
Quick Ratio
1.5
Current Ratio
1.65
Debt / Equity
-7.19
LT Debt / Equity
-12.17
-
-
EPS (TTM)
-0.98
EPS next Y
1.05
EPS next Q
1.57
EPS this Y
18.5%
EPS next Y
-207.5%
EPS next 5Y
-207.5%
EPS last 5Y
NAN%
Revenue last 5Y
-23.52%
Revenue Q/Q
7.31%
EPS Q/Q
-30.54%
-
-
-
-
SMA20
10.08%
SMA50
16.07%
SMA100
-8.77%
Inst Own
32.94%
Inst Trans
0.83%
ROA
-5%
ROE
42%
ROC
-
Gross Margin
36%
Oper. Margin
-1%
Profit Margin
-14%
Payout
-
Shs Outstand
437.09M
Shs Float
436.82M
-
-
-
-
Target Price
10.75
52W Range
6.8-14.46
52W High
-38.64%
52W Low
+43.17%
RSI
51.33
Rel Volume
1.05
Avg Volume
3.14M
Volume
3.3M
Perf Week
-4.98%
Perf Month
7.51%
Perf Quarter
-23.44%
Perf Half Y
-22.47%
-
-
-
-
Beta
1.143
-
-
Volatility
0.33%, 0.48%
Prev Close
5.01%
Price
8.59
Change
1.66%

MLCO Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
10.2711.983.624.212.91
Net income per share
0.70.78-3.05-2-2.37
Operating cash flow per share
2.11.75-1.8-0.56-1.34
Free cash flow per share
0.880.81-2.78-1.98-2.68
Cash per share
3.043.023.683.463.91
Book value per share
4.245.092.310.51-1.83
Tangible book value per share
3.344.461.87-0.07-2.39
Share holders equity per share
4.245.092.310.51-1.83
Interest debt per share
9.1910.7113.4915.4519.6
Market cap
8.85B11.57B8.85B4.87B5.33B
Enterprise value
11.76B15B13.2B10.25B12.23B
P/E ratio
25.1731.01-6.09-5.09-4.86
Price to sales ratio
1.722.025.122.423.95
POCF ratio
8.3713.84-10.28-18.11-8.61
PFCF ratio
20.0429.97-6.68-5.13-4.3
P/B Ratio
4.164.758.0319.88-6.27
PTB ratio
4.164.758.0319.88-6.27
EV to sales
2.282.617.645.099.06
Enterprise value over EBITDA
9.8410.86-27.729.64K-62.05
EV to operating cash flow
11.1317.93-15.33-38.13-19.75
EV to free cash flow
26.6338.83-9.96-10.81-9.85
Earnings yield
0.040.03-0.16-0.2-0.21
Free cash flow yield
0.050.03-0.15-0.19-0.23
Debt to equity
2.041.985.5328.75-10.25
Debt to assets
0.490.510.680.790.94
Net debt to EBITDA
2.442.48-9.125.06K-35
Current ratio
0.921.241.81.831.73
Interest coverage
2.372.41-2.76-1.65-1.97
Income quality
2.992.120.590.280.56
Dividend Yield
0.030.030.0100
Payout ratio
0.770.81-0.0500
Sales general and administrative to revenue
0.10.110.280.240.31
Research and developement to revenue
00.010.010.020
Intangibles to total assets
0.120.110.110.10.09
Capex to operating cash flow
-0.58-0.540.542.531
Capex to revenue
-0.12-0.08-0.27-0.34-0.46
Capex to depreciation
-1.09-0.69-0.75-1.17-1.19
Stock based compensation to revenue
00.010.030.030.05
Graham number
8.179.4512.584.89.88
ROIC
0.090.1-0.12-0.07-0.09
Return on tangible assets
0.050.04-0.18-0.12-0.13
Graham Net
-8.75-9.74-11.13-13.29-16.71
Working capital
-172.55M369.21M893.02M846.86M876.05M
Tangible asset value
1.68B2.13B890.8M-35.03M-1.11B
Net current asset value
-4.17B-4.45B-5.17B-6.2B-7.54B
Invested capital
2.041.985.5328.75-10.25
Average receivables
214.31M267.23M207.58M92.63M55.75M
Average payables
20.46M23.38M15.68M7.74M6.36M
Average inventory
37.91M42.39M40.62M33.43M28M
Days sales outstanding
17.6718.1227.549.9515.31
Days payables outstanding
2.742.22.251.472.31
Days of inventory on hand
4.494.418.847.249.07
Receivables turnover
20.6620.1513.2536.6723.84
Payables turnover
133.31166.25162.23248.96158.02
Inventory turnover
81.2382.7641.2750.4240.26
ROE
0.170.15-1.32-3.911.29
Capex per share
-1.22-0.94-0.97-1.42-1.34

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.520.761.622.172.33
Net income per share
-0.62-0.66-0.23-0.05-0.04
Operating cash flow per share
0-0.68000
Free cash flow per share
0-0.58000
Cash per share
3.294.073.033.283.24
Book value per share
-1.45-1.91-2.5-2.53-2.57
Tangible book value per share
-1.96-2.49-3.65-3.92-3.96
Share holders equity per share
-1.45-1.91-2.5-2.53-2.57
Interest debt per share
17.6419.8118.751918.75
Market cap
3.06B5.12B5.63B5.33B4.32B
Enterprise value
9.6B12.02B12.46B12.08B10.97B
P/E ratio
-2.67-4.35-13.97-56.88-66.29
Price to sales ratio
12.6715.187.855.634.25
POCF ratio
0-16.95000
PFCF ratio
0-20000
P/B Ratio
-4.59-6.02-5.1-4.83-3.85
PTB ratio
-4.59-6.02-5.1-4.83-3.85
EV to sales
39.7135.6617.412.7410.78
Enterprise value over EBITDA
-140.61-176.9997.1258.7845.56
EV to operating cash flow
0-39.81000
EV to free cash flow
0-46.96000
Earnings yield
-0.09-0.06-0.0200
Free cash flow yield
0-0.05000
Debt to equity
-12.07-10.25-7.41-7.4-7.19
Debt to assets
0.910.940.930.920.93
Net debt to EBITDA
-95.74-101.6253.2932.8227.61
Current ratio
2.341.731.671.461.65
Interest coverage
-2.12-1.910.060.520.72
Income quality
01.32000
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.460.360.150.120.13
Research and developement to revenue
00000
Intangibles to total assets
0.090.090.120.120.12
Capex to operating cash flow
0-0.15000
Capex to revenue
00.14000
Capex to depreciation
00.17000
Stock based compensation to revenue
00.21000
Graham number
4.495.333.581.751.47
ROIC
-0.03-0.0200.010.01
Return on tangible assets
-0.04-0.03-0.0100
Graham Net
-15.58-17.41-18.01-18.29-18
Working capital
1.14B876.05M633.7M528.61M662.21M
Tangible asset value
-905.03M-1.11B-1.61B-1.71B-1.73B
Net current asset value
-6.95B-7.54B-7.79B-7.82B-7.7B
Invested capital
-12.07-10.25-7.41-7.4-7.19
Average receivables
257.95M158.69M63.16M79.56M93.07M
Average payables
5.82M6.24M7.62M9.8M11.77M
Average inventory
27.7M26.77M26.32M26.44M27.38M
Days sales outstanding
97.0415.128.758.498.56
Days payables outstanding
2.52.291.721.671.77
Days of inventory on hand
11.788.985.284.014
Receivables turnover
0.935.9510.2810.610.52
Payables turnover
36.0539.3652.4653.9150.78
Inventory turnover
7.6410.0317.0422.4222.51
ROE
0.430.350.090.020.01
Capex per share
00.1000

MLCO Frequently Asked Questions

What is Melco Resorts & Entertainment Limited stock symbol ?

Melco Resorts & Entertainment Limited is a HK stock and trading under the symbol MLCO

Is Melco Resorts & Entertainment Limited buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $10.83. The lowest prediction is $10 and the highest is $11.5

What is MLCO stock prediction ?

What is Melco Resorts & Entertainment Limited stock quote today ?

Melco Resorts & Entertainment Limited stock price is $8.59 today.

Is Melco Resorts & Entertainment Limited stock public?

Yes, Melco Resorts & Entertainment Limited is a publicly traded company.

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