NASDAQ
MLCO

Melco Resorts & Entertainment Ltd

Resorts & Casinos
Consumer Cyclical

Prices are adjusted according to historical splits.

Melco Resorts & Entertainment Ltd Stock Price

Vitals

Today's Low:
$10.195
Today's High:
$10.53
Open Price:
$10.22
52W Low:
$4.72
52W High:
$14.46
Prev. Close:
$10.26
Volume:
903196

Company Statistics

Market Cap.:
$4.48 billion
Book Value:
-2.529
Revenue TTM:
$2.24 billion
Operating Margin TTM:
-13.85%
Gross Profit TTM:
$246.54 million
Profit Margin:
-26.77%
Return on Assets TTM:
-2.17%
Return on Equity TTM:
-2157.37%

Company Profile

Melco Resorts & Entertainment Ltd had its IPO on 2006-12-19 under the ticker symbol MLCO.

The company operates in the Consumer Cyclical sector and Resorts & Casinos industry. Melco Resorts & Entertainment Ltd has a staff strength of 16,908 employees.

Stock update

Shares of Melco Resorts & Entertainment Ltd opened at $10.22 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.2 - $10.53, and closed at $10.21.

This is a -0.49% slip from the previous day's closing price.

A total volume of 903,196 shares were traded at the close of the day’s session.

In the last one week, shares of Melco Resorts & Entertainment Ltd have slipped by -9.33%.

Melco Resorts & Entertainment Ltd's Key Ratios

Melco Resorts & Entertainment Ltd has a market cap of $4.48 billion, indicating a price to book ratio of 105.5218 and a price to sales ratio of 3.5226.

In the last 12-months Melco Resorts & Entertainment Ltd’s revenue was $2.24 billion with a gross profit of $246.54 million and an EBITDA of $182.29 million. The EBITDA ratio measures Melco Resorts & Entertainment Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Melco Resorts & Entertainment Ltd’s operating margin was -13.85% while its return on assets stood at -2.17% with a return of equity of -2157.37%.

In Q2, Melco Resorts & Entertainment Ltd’s quarterly earnings growth was a positive 779.7% while revenue growth was a positive 220.1%.

Melco Resorts & Entertainment Ltd’s PE and PEG Ratio

Forward PE
90.0901
Trailing PE
0
PEG
7.5208

Its diluted EPS in the last 12-months stands at $-1.34 per share while it has a forward price to earnings multiple of 90.0901 and a PEG multiple of 7.5208. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Melco Resorts & Entertainment Ltd’s profitability.

Melco Resorts & Entertainment Ltd stock is trading at a EV to sales ratio of 7.7517 and a EV to EBITDA ratio of -137.7649. Its price to sales ratio in the trailing 12-months stood at 3.5226.

Melco Resorts & Entertainment Ltd stock pays annual dividends of $0 per share, indicating a yield of 4.3% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.88 billion
Total Liabilities
$1.16 billion
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

Melco Resorts & Entertainment Ltd ended 2024 with $8.88 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.88 billion while shareholder equity stood at $-1105257000.00.

Melco Resorts & Entertainment Ltd ended 2024 with $0 in deferred long-term liabilities, $1.16 billion in other current liabilities, 14047000.00 in common stock, $-3834681000.00 in retained earnings and $81.30 million in goodwill. Its cash balance stood at $1.43 billion and cash and short-term investments were $1.43 billion. The company’s total short-term debt was $154,402,000 while long-term debt stood at $7.77 billion.

Melco Resorts & Entertainment Ltd’s total current assets stands at $1.68 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $89.42 million compared to accounts payable of $11.09 million and inventory worth $26.66 million.

In 2024, Melco Resorts & Entertainment Ltd's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Melco Resorts & Entertainment Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$10.21
52-Week High
$14.46
52-Week Low
$4.72
Analyst Target Price
$15.85

Melco Resorts & Entertainment Ltd stock is currently trading at $10.21 per share. It touched a 52-week high of $14.46 and a 52-week low of $14.46. Analysts tracking the stock have a 12-month average target price of $15.85.

Its 50-day moving average was $12.04 and 200-day moving average was $12.18 The short ratio stood at 2.05 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 4280.6% are held by institutions.

Frequently Asked Questions About Melco Resorts & Entertainment Ltd

The stock symbol (also called stock or share ticker) of Melco Resorts & Entertainment Ltd is MLCO

The IPO of Melco Resorts & Entertainment Ltd took place on 2006-12-19

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About

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.

Address

The Centrium, Central, Hong Kong