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Melco Resorts & Entertainment Limited (MLCO)

(Delayed Data from NSDQ)

$5.17 USD

5.17
7,454,339

-0.22 (-4.08%)

Updated Aug 13, 2024 04:00 PM ET

After-Market: $5.30 +0.13 (2.51%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

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.

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A Value A Growth D 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

Bottom 44% (140 out of 250)

Industry: Gaming

Better trading starts here.

Zacks News

Factors Setting the Tone for Hyatt's (H) Earnings in Q4

Hyatt's (H) fourth-quarter performance is likely to reflect benefits from Unit growth strategy, robust loyalty program and increase in management, franchise, and other fees.

Pool Corp (POOL) to Report Q4 Earnings: What's in Store?

Benefits from solid performance of base business and increased market share are likely to get reflected in Pool Corp's (POOL) fourth-quarter 2019 top line.

Soft Power Brand Sales Likely to Hurt Mattel (MAT) Q4 Earnings

Mattel (MAT) fourth-quarter results are likely to reflect the negative impact of dismal Power Brands and North America revenues.

Factors Setting the Tone for MGM Resorts' (MGM) Q4 Earnings

MGM Resorts' (MGM) fourth-quarter performance is likely to get reflect robust performance of both China and domestic operations.

Hasbro (HAS) to Report Q4 Earnings: What's in the Offing?

Hasbro's (HAS) Q4 earnings are likely to have benefited from solid performance of the Entertainment, Licensing and Digital segment. However, low demand due to rising electronic versions of games and tariffs may have been a risk.

Hilton (HLT) to Report Q4 Earnings: What's in the Offing?

Hilton Worldwide Holdings' (HLT) Q4 results are likely to reflect benefits from unit expansion plans & loyalty programs amid soft RevPAR performance, thanks to slowing macro environment.

4 Leisure Stocks Likely to Surpass Q4 Earnings Estimates

Leisure stocks fourth quarter 2019 results are likely to have benefited from steady rise in wages, lower unemployment and increased demand for leisure products and services.

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Casinos Stocks Plummet on Concerns Over China Coronavirus

Dismal Macau performance have been hurting the casino stocks. The China coronavirus have further added to the woes.

Factors Likely to Shape Las Vegas Sands' (LVS) Q4 Earnings

Las Vegas Sands' (LVS) fourth-quarter 2019 revenues are expected to have declined due to soft Sand Cotai Central. Yet, higher margins from mass and non-gaming segments are likely to have boosted its profits.

Zacks.com featured highlights include: Builders FirstSource, Melco Resorts & Entertainment, JELD-WEN, AXA Equitable and EVO Payments

Zacks.com featured highlights include: Builders FirstSource, Melco Resorts & Entertainment, JELD-WEN, AXA Equitable and EVO Payments

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5 Stocks With Upgraded Broker Ratings Worth Investing in Now

As brokers have deeper understanding of what's going in the markets and companies, it's wise to rely on their judgment to earn solid returns.

Why lululemon (LULU) is Poised for Splendid Returns in 2020?

lululemon's (LULU) sound fundamentals and strategic endeavors might help it to retain its bull run in the year 2020. Efforts to enhance omni-channel guests' experience and innovation are encouraging.

Can Las Vegas Sands (LVS) Replicate '19 Performance in 2020?

Las Vegas (LVS) revenue diversification efforts, planned investment in new capital projects in Macao and higher revenues from The Parisian Macao are major growth drivers.

Boyd Gaming Banks on Sports Betting Expansion for Growth

Solid acquisitions, strengthening of current operations and high capital investments are likely to benefit Boyd Gaming (BYD). However, higher debt, increased costs & intense competition are concerns.

Macau Remittance Cap Likely to Rise: Gaming Stocks in Focus

Mainland China, a primary contributor to the Macau's gaming revenues, will benefit from increase in daily limit on money transfer from Macau to Mainland China.

Melco Resorts (MLCO) in Focus: Stock Moves 7.4% Higher

Melco Resorts (MLCO) shares rose more than 7% in the last trading session, amid huge volumes.

Gaming Industry Outlook: Macau Performance a Pressing Concern

The lingering trade tensions between Beijing and Washington have been impacting casino operators in Macau. This shows in the casino gross gaming revenue decline in seven months this year.

Macau Gambling Revenues Dip in November: Casino Stocks in Focus

A slowdown in China and the trade war between Beijing and Washington continues to impact casino operators in Macau.

Red Rock (RRR) Q3 Earnings Beat Estimates, Revenues Miss

Red Rock (RRR) third-quarter 2019 numbers benefit from robust segmental results.

Marriott (MAR) to Report Q3 Earnings: What's in the Cards?

Marriott's (MAR) third-quarter 2019 top line is likely to reflect a surge in franchise fees and base management fees.

Melco Resorts (MLCO) Misses Q3 Earnings Estimates

Melco (MLCO) delivered earnings and revenue surprises of -11.11% and 6.19%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Leisure Stocks Earnings Lineup for Oct 30: RCL, MGM & More

Leisure industry is likely to have gained from higher consumer spending and increased demand for leisure products.

Hyatt's (H) Q3 Earnings to Suffer Despite Unit Expansion

Solid unit growth is likely to have aided Hyatt Hotels' (H) revenues in the third quarter of 2019. Yet, its earnings may have suffered due to higher expenses and cutthroat competition.

Will Melco (MLCO) Beat Estimates Again in Its Next Earnings Report?

Melco (MLCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Royal Caribbean (RCL) to Report Q3 Earnings: What's in Store?

Higher passenger ticket revenues and onboard and other revenues are anticipated to get reflected in Royal Caribbean (RCL) third-quarter 2019 results.