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Melco Resorts & Entertainment Limited (MLCO)

(Delayed Data from NSDQ)

$7.04 USD

7.04
2,931,975

-0.46 (-6.13%)

Updated Oct 17, 2024 04:00 PM ET

After-Market: $7.07 +0.03 (0.43%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 42% (105 out of 250)

Industry: Gaming

Better trading starts here.

Zacks News

Can Melco Resorts (MLCO) Pull Off a Surprise in Q3 Earnings?

Rebound in gaming revenues in Macau along with better performance at the non-gaming segments are likely to drive Melco Resorts' (MLCO) results in Q3.

    Las Vegas Sands (LVS) Q3 Earnings Top on Solid Revenue Growth

    Robust performance at the company's Parisian Macao and Singapore properties drove Las Vegas Sands' (LVS) results in the third quarter.

      Wynn Resorts Banks on Macau Revival, Regulations a Concern

      Strong brand recognition and a favorable macro environment may drive growth at Wynn Resorts (WYNN). Though another corruption crackdown might affect Macau's recovery and in turn hamper performance.

        Ryan McQueeney headshot

        3 Casino Stocks to Buy Now

        Luckily for investors, now is also a great time to be buying gambling stocks, as continued domestic strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. Check out these casino stocks today!

          MGM Resorts Rides on Solid Domestic Business, Risks Prevail

          Solid portfolio, focus on non-gaming activity, and improving economy and tourism in Las Vegas may drive growth at MGM Resorts (MGM). Another corruption crackdown however might affect Macau's recovery.

            Wynn Resorts (WYNN) in Focus: Stock Rises 6.4%

            Wynn Resorts (WYNN) was a big mover last session, as the company saw its shares rise more than 6% on the day.

              Benjamin Rains headshot

              Casino Stocks Fall, Is North Korea Tension To Blame?

              Shares of some casino industry powerhouses fell across the board on Thursday, many of which have ties to Macau, the world's newest gambling Mecca. However, with tensions surrounding North Korea escalating, the hotspot's close proximity to the tumultuous region might possibly hurt stock prices.

                Ryan McQueeney headshot

                3 Casino Stocks to Buy Now

                With casino stocks this hot right now, investors are not going to want to miss out. Luckily, we can use Zacks' proven stock-picking methods to find solid stocks in any industry. Check out these casino stocks today.

                  Melco Resorts (MLCO) Misses on Q2 Earnings, Stock Falls

                  Melco Resorts & Entertainment Limited (MLCO) adjusted earnings per share of 16 cents lagged the Zacks Consensus Estimate by 20% but increased significantly year over year on higher revenues.

                    Melco Resorts (MLCO) Q2 Earnings Lag, Sales Beat Estimates

                    Melco Resorts & Entertainment Limited (MLCO) missed on earnings as our consensus estimate called for EPS of 20 cents, and the company reported earnings of 16 cents per share.

                      Wynn Resorts (WYNN) Stock Falls Despite Q2 Earnings Beat

                      Given low foot traffic at Wynn Palace, Wynn Resorts Ltd. (WYNN) failed to fully capitalize on the rebound in Macau gaming revenues.

                        Can Melco Resorts (MLCO) Pull Off a Surprise in Q2 Earnings?

                        Better performance at the non-gaming segments is likely to drive Melco Resorts & Entertainment Limited's (MLCO) Q2 results. Concerns linked to the sustainability of revenues from the VIP market linger.

                          Madeleine Johnson headshot

                          This is Why Wynn Resorts (WYNN) Stock Fell Today

                          On Friday, shares of hotel and casino operator Wynn Resorts Ltd. (WYNN) closed the day down 3.38% to $130.42 per share after one of Macau's top prosecutor was found guilty of corruption, in addition to a report about liquidity concerns within the junket industry.

                            Delta Air Lines, Apache, Wynn Resorts, Melco Crown Entertainment and Las Vegas Sands highlighted as Zacks Bull and Bear of the Day

                            Delta Air Lines, Apache, Wynn Resorts, Melco Crown Entertainment and Las Vegas Sands highlighted as Zacks Bull and Bear of the Day

                              Ryan McQueeney headshot

                              3 Casino Stocks to Buy Now

                              Casino stocks are always among the most popular on Wall Street, and luckily for investors, now is also a great time to be buying casino stocks. Check out these three casino stocks to buy now!

                                Is Melco Resorts & Entertainment (MLCO) Stock a Solid Choice Right Now?

                                Melco Resorts & Entertainment (MLCO) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.

                                  Golden Entertainment (GDEN) Jumps: Stock Moves Up 18.1%

                                  Golden Entertainment, Inc. (GDEN) moved big last session, as its shares rose over 18% on the day.

                                    Lam Research, athenahealth, Wynn Resorts, Melco Crown Entertainment and Golden Entertainment highlighted as Zacks Bull and Bear of the Day

                                    Lam Research, athenahealth, Wynn Resorts, Melco Crown Entertainment and Golden Entertainment highlighted as Zacks Bull and Bear of the Day

                                      Ryan McQueeney headshot

                                      3 Casino Stocks to Buy Now

                                      Vegas and Macau are both scorching hot, and that means it's time to buy casino stocks. Luckily, we can use Zacks' proven stock-picking methods to find solid stocks in any industry. Here are three casino stocks to buy right now.

                                        Caesars Entertainment (CZR) Catches Eye: Stock Jumps 7.8%

                                        Caesars Entertainment Corporation (CZR) was a big mover last session, as the company saw its shares rise nearly 8% on Friday amid huge volumes.

                                          Ryan McQueeney headshot

                                          Here's Why Casino Stocks Gained Today

                                          Shares of some of the world's largest casino companies--including Wynn Resorts (WYNN), Las Vegas Sands (LVS), and MGM Resorts (MGM)--were gaining in morning trading Thursday after the latest Macau revenue numbers pointed to a continued recovery in the gambling hotspot.

                                            5 Reasons Why Melco Resorts (MLCO) Stock is Worth Buying

                                            Melco Resorts & Entertainment Limited (MLCO) gets the majority of its revenue from the Macau region and is thus poised to benefit from the recent recovery there.

                                              Melco Resorts & Entertainment Limited (MLCO): An Off-the-Radar Potential Winner

                                              Melco Resorts & Entertainment Limited (MLCO) looks well positioned for a solid gain, but has been overlooked by investors lately.

                                                Wynn Resorts Rides on Macau Revival, Solid Vegas Business

                                                On May 30, we issued an updated research report on leading developer, owner and operator of casino resorts Wynn Resorts, Limited (WYNN)

                                                  Top Ranked Momentum Stocks to Buy for May 24th

                                                  Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 24th: