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Melco Resorts & Entertainment Limited (MLCO)

(Delayed Data from NSDQ)

$5.71 USD

5.71
4,296,987

+0.18 (3.26%)

Updated Sep 13, 2024 04:00 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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4-Sell of 5       4  

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

B Value A Growth F 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%.

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

Bottom 39% (152 out of 251)

Industry: Gaming

Better trading starts here.

Zacks News

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Macau Casino Hopes Brighten: Gaming Revenues Soar in May

The Macau Gaming industry witnesses an increase in Gross Gaming Revenues in May for the fourth straight month.

Melco Resorts (MLCO) Reports Q1 Loss, Misses Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of -46.67% and -18.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Leisure Stock Q1 Earnings Due on Apr 28: MGM, MLCO & More

The leisure industry's first-quarter performances are likely to reflect robust demand for golf business. However, coronavirus pandemic continues to hurt casinos operators.

MGM Resorts' (MGM) BetMGM Strengthens Online Poker Presence

MGM Resorts' (MGM) continues to focus on online betting expansion. Moreover, BetMGM launches BetMGM Poker in Michigan.

Zacks.com featured highlights include: Carrols Restaurant Group, Nuance Communications, Hexcel and Melco Resorts & Entertainment

Zacks.com featured highlights include: Carrols Restaurant Group, Nuance Communications, Hexcel and Melco Resorts & Entertainment

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These 4 Toxic Stocks Could Endanger Your Portfolio

A toxic stock is basically one that trades at a price not supported by its fundamental strength. Identifying toxic stocks is imperative in shielding one's portfolio from massive losses.

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Macau Gaming Still Improving, November Revenue Drop Narrows

The coronavirus pandemic has been hurting the gaming industry as most of the casinos are witnessing lower traffic due to the outbreak.

Melco Resorts (MLCO) Reports Q3 Loss, Misses Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 27.47% and -28.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Melco Resorts (MLCO) Q3 Earnings Expected to Decline

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Macau Gaming Revenues Drop in September: Will the Slump Stay?

Macau casino GGR declined in September owing to dismal footfall. Moreover, GGR declined 90% or more for the sixth straight month.

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Macau Gaming Revenues Dip in August: Avoid These 3 Stocks

Macau casino gross gaming revenue decline in August due to dismal footfall. Moreover, GGR declined more than 90% for the fifth straight month.

Melco Resorts (MLCO) Q2 Earnings Top Estimates, Revenues Lag

Melco Resorts & Entertainment (MLCO) second-quarter results reflect dismal performance in all gaming segments and non-gaming operations due to the coronavirus pandemic.

Melco Resorts (MLCO) Reports Q2 Loss, Lags Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 37.93% and -34.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Harendra Ray headshot

Gaming Industry Continues to Bear Coronavirus Brunt in Macau

Gaming revenues declined sharply in Macau due to a reduction in footfall as China continued to decline individual and group visas to Macau as a safety precaution.

New Strong Sell Stocks for July 22nd

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.

Earnings Preview: Melco Resorts (MLCO) Q2 Earnings Expected to Decline

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Gambling Stock Roundup: Las Vegas Sands' Plan Cancellation, Q1 Earnings Releases

Concerns over the coronavirus pandemic continues to hurt the gambling stocks. Moreover, Las Vegas Sands (LVS) abandons its pursuit of Integrated Resort (IR) development in Japan.

Melco Resorts (MLCO) Reports Q1 Loss, Tops Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of -22.03% and 28.42%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) to Post Q1 Earnings: What's in the Cards?

Decline in traffic due to the coronavirus-induced shutdowns is likely to get reflected in Melco Resorts' (MLCO) first-quarter revenue results.

Analysts Estimate Melco Resorts (MLCO) to Report a Decline in Earnings: What to Look Out for

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Las Vegas Sands (LVS) Q1 Earnings Beat, Fall Y/Y on Coronavirus

Las Vegas Sands' (LVS) first-quarter 2020 results hurt by the coronavirus pandemic.

Wynn Resorts to Reopen Las Vegas Strip in Mid-to-Late May

Wynn Resorts (WYNN) Las Vegas Strip could re-open following the coronavirus-induced shutdown. The company has been bearing operating expenses during the shutdown.

Wynn Resorts Gains 14% Despite Bleak Q1 Revenue Forecast

Wynn Resorts (WYNN) first-quarter 2020 results will decline sharply on account of the coronavirus pandemic.

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Betting Takes a Back Seat in Macau on Coronavirus Fears

Macau is likely to record revenue decline in 2020. The coronavirus crisis is hurting the industry in other parts of the world as well.

Coronavirus Fears Ease in China: Will Macau Gaming Rebound?

Macau casinos resume operations after coronavirus-led shutdown. Macau gross revenues in March likely to be down sharply following a steep decrease in February.