In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of MGM Resorts International (NYSE: MGM) closed at $35.17 in the last session, down -0.99% from day before closing price of $35.52. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 4.57 million shares were traded.
Ratios:
We take a closer look at MGM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.27. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 14.71, and their Forward P/E ratio for the next fiscal year is 12.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 3.42.
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 $31.61. The 50-Day Moving Average of the stock is 1.54%, while the 200-Day Moving Average is calculated to be -8.14%.
Shares Statistics:
A total of 294.37M shares are outstanding, with a floating share count of 220.53M. Insiders hold about 22.77% of the company’s shares, while institutions hold 70.41% stake in the company.
Earnings Estimates
Currently, 11.0 analysts are dedicated to thoroughly evaluating and rating the performance of MGM Resorts International (MGM) in the stock market.The consensus estimate for the next quarter is $0.63, with high estimates of $0.8 and low estimates of $0.54.
Analysts are recommending an EPS of between $3.04 and $1.59 for the fiscal current year, implying an average EPS of $2.31. EPS for the following year is $2.85, with 15.0 analysts recommending between $3.63 and $1.96.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $4.29B. It ranges from a high estimate of $4.43B to a low estimate of $4.19B. As of the current estimate, MGM Resorts International’s year-ago sales were $4.38BFor the next quarter, 14 analysts are estimating revenue of $4.31B. There is a high estimate of $4.44B for the next quarter, whereas the lowest estimate is $4.21B.
A total of 21 analysts have provided revenue estimates for MGM’s current fiscal year. The highest revenue estimate was $17.67B, while the lowest revenue estimate was $16.73B, resulting in an average revenue estimate of $17.25B. In the same quarter a year ago, actual revenue was $17.24BBased on 20 analysts’ estimates, the company’s revenue will be $17.59B in the next fiscal year. The high estimate is $18.23B and the low estimate is $16.95B.
