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After finishing at $32.83 in the prior trading day, MGM Resorts International (NYSE: MGM) closed at $31.64, down -3.62%. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 5.42 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MGM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 10.54 whereas as Long-Term Debt/Eq ratio is at 10.48.
On July 03, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $52.BTIG Research initiated its Buy rating on July 03, 2024, with a $52 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 19 ’25 when Meinert Todd sold 6,000 shares for $37.84 per share. The transaction valued at 227,041 led to the insider holds 18,301 shares of the business.
Meister Keith A. sold 51,000 shares of MGM for $1,865,070 on Dec 13 ’24. The Director now owns 5,687,478 shares after completing the transaction at $36.57 per share. On Dec 13 ’24, another insider, Corvex Management LP, who serves as the Affiliate of Director (1) of the company, bought 51,000 shares for $36.60 each.
Valuation Measures:
As of this moment, MGM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.23, and their Forward P/E ratio for the next fiscal year is 11.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 3.08.
Stock Price History:
Over the past 52 weeks, MGM has reached a high of $48.24, while it has fallen to a 52-week low of $31.60. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be -16.85%.
Shares Statistics:
A total of 294.37M shares are outstanding, with a floating share count of 220.51M. Insiders hold about 22.78% of the company’s shares, while institutions hold 70.45% stake in the company.
