Melco Resorts & Entertainment Ltd's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 79 out of 119 in the Hotels & Entertainment Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 8.68.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Melco Resorts & Entertainment Ltd's Score
Industry at a Glance
Industry Ranking
79 / 119
Overall Ranking
312 / 4570
Industry
Hotels & Entertainment Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Melco Resorts & Entertainment Ltd Highlights
StrengthsRisks
Melco Resorts & Entertainment Ltd is a Company engaged in the development and operation of resort facilities. The Company is engaged in the operation of casinos in Macau and Philippines. The Company operates three casinos based in Macau, namely, City of Dreams, Altira Macau and Studio City. In addition, the Company is engaged in the operation of hotels in Macau and Manila.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 36.77% year-on-year.
Fairly Valued
The company’s latest PE is 9.22, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 128.83M shares, decreasing 34.71% quarter-over-quarter.
Melco Resorts & Entertainment Ltd is a Company engaged in the development and operation of resort facilities. The Company is engaged in the operation of casinos in Macau and Philippines. The Company operates three casinos based in Macau, namely, City of Dreams, Altira Macau and Studio City. In addition, the Company is engaged in the operation of hotels in Macau and Manila.