Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) closed at $5.47 down -0.36% from its previous closing price of $5.49. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 3.71 million shares were traded. MLCO stock price reached its highest trading level at $5.545 during the session, while it also had its lowest trading level at $5.3.
Ratios:
For a deeper understanding of Melco Resorts & Entertainment Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on March 03, 2025, Upgraded its rating to Overweight and sets its target price to $6.70 from $7.50 previously.
On February 10, 2025, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $10 to $6.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 17, 2024, whereas the target price for the stock was revised from $9.60 to $7.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLCO now has a Market Capitalization of 2295830016 and an Enterprise Value of 13608412160. As of this moment, Melco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.87, and their Forward P/E ratio for the next fiscal year is 8.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 2.934 whereas that against EBITDA is 13.237.
Stock Price History:
The Beta on a monthly basis for MLCO is 0.84, which has changed by -0.25068492 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, MLCO has reached a high of $8.90, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is -3.45%, while the 200-Day Moving Average is calculated to be -14.12%.
Shares Statistics:
For the past three months, MLCO has traded an average of 3.93M shares per day and 4221580 over the past ten days. A total of 419.71M shares are outstanding, with a floating share count of 419.45M. Insiders hold about 0.06% of the company’s shares, while institutions hold 36.43% stake in the company. Shares short for MLCO as of 1740700800 were 9394476 with a Short Ratio of 2.39, compared to 1738281600 on 5156890. Therefore, it implies a Short% of Shares Outstanding of 9394476 and a Short% of Float of 5.1799998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 1.9.
