Melco Resorts & Entertainment Ltd

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.