Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Melco Resorts & Entertainment Ltd ADR’s stock clocked out at $5.75, down -3.20% from its previous closing price of $5.94. In other words, the price has decreased by -$3.20 from its previous closing price. On the day, 5.31 million shares were traded.
Ratios:
To gain a deeper understanding of MLCO’s stock, we examine its different 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:
As of this moment, Melco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.73, and their Forward P/E ratio for the next fiscal year is 9.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52.
Stock Price History:
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 0.70%, while the 200-Day Moving Average is calculated to be -10.61%.
Shares Statistics:
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.
