Melco Resorts & Entertainment Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 91 out of 123 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 10.59.In the medium term, the stock price is expected to trend down.Despite a very weak 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.
Media Coverage
The current financial score of Melco Resorts & Entertainment Ltd is 6.25, ranking 105 out of 123 in the Hotels & Entertainment Services industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 1.31B, representing a year-over-year increase of 11.43%, while its net profit experienced a year-over-year increase of 174.01%.
Key Metrics
The current valuation score of Melco Resorts & Entertainment Ltd is 5.71, ranking 108 out of 123 in the Hotels & Entertainment Services industry. Its current P/E ratio is 23.68, which is 205.44% below the recent high of 72.34 and 210.59% above the recent low of -26.19.
The current earnings forecast score of Melco Resorts & Entertainment Ltd is 7.43, ranking 61 out of 123 in the Hotels & Entertainment Services industry. The average price target is 11.75, with a high of 13.00 and a low of 8.50.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Melco Resorts & Entertainment Ltd is 6.69, ranking 63 out of 123 in the Hotels & Entertainment Services industry. Currently, the stock price is trading between the resistance level at 7.55 and the support level at 5.46, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Melco Resorts & Entertainment Ltd is 3.00, ranking 89 out of 123 in the Hotels & Entertainment Services industry. The latest institutional shareholding proportion is 33.67%, representing a quarter-over-quarter decrease of 0.60%. The largest institutional shareholder is James Simons, holding a total of 4.98M shares, representing 1.27% of shares outstanding, with 84.63% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Hotels & Entertainment Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for Melco Resorts & Entertainment Ltd. The Hotels & Entertainment Services industry's average is 5.82. The company's beta value is 0.63. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Melco Resorts & Entertainment Ltd’s latest ESG disclosure leads the Hotels & Entertainment Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
