Melco Resorts & Entertainment reported an EPS of -$0.018 in its last earnings report, beating expectations of -$0.055. Following the earnings report the stock price went down -3.304%.

Q: Which hedge fund is a major shareholder of Melco Resorts & Entertainment?

Among the largest hedge funds holding Melco Resorts & Entertainment’s share is Eminence Capital LLC. It holds Melco Resorts & Entertainment’s shares valued at 106M.

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MLCO Stock Chart & Stats

Advanced Chart >

Day’s Range$0 - $0

52-Week Range$4.73 - $14.46

Previous Close$8.24

Volume2.67M

Average Volume (3M)2.76M

Market Cap

$3.65B

Enterprise Value$11.04B

Total Cash (Recent Filing)$1.86B

Total Debt (Recent Filing)$8.71B

Price to Earnings (P/E)-6.2

Beta0.92

Next Earnings

Nov 09, 2023

EPS Estimate

<$0.01

Last Dividend Ex-Date

Feb 28, 2020

Dividend YieldN/A

Share Statistics

EPS (TTM)-1.33

Shares Outstanding456,684,048

10 Day Avg. Volume1,901,999

30 Day Avg. Volume2,761,609

Standard Deviation0.16

R-Squared0.18

Alpha-0.00932

Financial Highlights & Ratios

Price to Book (P/B)-4.11

Price to Sales (P/S)2.97

Price to Cash Flow (P/CF)N/A

P/FCF Ratio0.00

Enterprise Value/Market CapN/A

Enterprise Value/Revenue10.90

Enterprise Value/Gross Profit-40.66

Enterprise Value/Ebitda-87.33

Forecast

1Y Price Target

$15.40

Price Target Upside96.68% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering3

Melco Resorts & Entertainment News

Macau reports September casino revenue up 404.2% to 14.94B patacas

The FlyMacau reports September casino revenue up 404.2% to 14.94B p...

17d ago

LVS

MGM

The FlyLargest borrow rate increases among liquid names

19d ago

FSM

LQD

Macau casinos to shut temporarily due to typhoon, GGR Asia reports

The FlyMacau casinos to shut temporarily due to typhoon, GGR Asia r...

2M ago

LVS

MGM

Macau reports August casino revenue up 686.4% to 17.21B patacas

The FlyMacau reports August casino revenue up 686.4% to 17.21B pata...

2M ago

LVS

MGM

Melco becomes world’s first integrated resort operator to launch the NORDAQ water filtration system across its global resorts

Press ReleasesMelco becomes world’s first integrated resort operator to la...

2M ago

MLCO

Melco Resorts call volume above normal and directionally bullish

The FlyMelco Resorts call volume above normal and directionally bul...

2M ago

MLCO

The FlyMelco Resorts call volume above normal and directionally bul...

2M ago

MLCO

Bet On It: Betting companies outshine expectations in earnings season

The FlyBet On It: Betting companies outshine expectations in earnin...

3M ago

BYD

CZR

See More MLCO News >

Financials

Annual

Income Statement >

Risk Analysis

Main Risk Category

Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks

Detailed Risk Analysis >

Product Insights

Sorry, No Data Available

There is no website visitor data available for this stock.

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MLCO FAQ

What was Melco Resorts & Entertainment’s price range in the past 12 months?

Melco Resorts & Entertainment lowest stock price was $4.72 and its highest was $14.46 in the past 12 months.

What is Melco Resorts & Entertainment’s market cap?

Currently, no data Available

When is Melco Resorts & Entertainment’s upcoming earnings report date?

Melco Resorts & Entertainment’s upcoming earnings report date is Nov 09, 2023 which is in 21 days.

How were Melco Resorts & Entertainment’s earnings last quarter?

Melco Resorts & Entertainment released its earnings results on Aug 01, 2023. The company reported -$0.018 earnings per share for the quarter, beating the consensus estimate of -$0.055 by $0.037.

Is Melco Resorts & Entertainment overvalued?

According to Wall Street analysts Melco Resorts & Entertainment’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Melco Resorts & Entertainment pay dividends?

Melco Resorts & Entertainment pays a Quarterly dividend of $0.16 which represents an annual dividend yield of N/A. See more information on Melco Resorts & Entertainment dividends here

What is Melco Resorts & Entertainment’s EPS estimate?

Melco Resorts & Entertainment’s EPS estimate is <$0.01.

How many shares outstanding does Melco Resorts & Entertainment have?

Melco Resorts & Entertainment has 443,226,350 shares outstanding.

What happened to Melco Resorts & Entertainment’s price movement after its last earnings report?

Melco Resorts & Entertainment reported an EPS of -$0.018 in its last earnings report, beating expectations of -$0.055. Following the earnings report the stock price went down -3.304%.

Which hedge fund is a major shareholder of Melco Resorts & Entertainment?

Among the largest hedge funds holding Melco Resorts & Entertainment’s share is Eminence Capital LLC. It holds Melco Resorts & Entertainment’s shares valued at 106M.

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Melco Resorts & Entertainment Stock Smart Score

Neutral

Fundamentals

Return on Equity

―

Trailing 12-Months

Asset Growth

-1.35%

Trailing 12-Months

The Melco Resorts & Entertainment stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Learn more about TipRanks Smart Score

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Company Description

Melco Resorts & Entertainment

Melco Resorts & Entertainment Ltd. engages in owning, management, and development of casino gaming and entertainment resort facilities. It operates through the Macau and Philippines geographical segments. Its businesses include City of Dreams, Altira Macau, Studio City, Mocha Clubs, Taipa Square Casino, and City of Dreams Manila. The company was founded on December 17, 2004 and is headquartered in Hong Kong.

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