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Melco Resorts & Entertainment Limited (MLCO)

(Real Time Quote from BATS)

$5.34 USD

5.34
7,454,339

+0.17 (3.29%)

Updated Aug 14, 2024 09:40 AM 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 B 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 39% (98 out of 250)

Industry: Gaming

Better trading starts here.

Zacks News

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.

What's in Store for Las Vegas Sands (LVS) in Q3 Earnings?

Las Vegas Sands' (LVS) third-quarter 2019 top line is anticipated to reflect decline in revenues at Sand Cotai Central.

Hilton's (HLT) Q3 Earnings to Benefit From Solid RevPAR

Hilton's (HLT) third-quarter 2019 results are likely to show benefits from unit expansion plans and strong average daily rate.

Is U.S. & Canada Unit Hasbro's (HAS) Key Q3 Earnings Driver?

Hasbro's (HAS) third-quarter 2019 results are likely to have benefited from robust performance by the U.S. and Canada segment, and Entertainment, Licensing and Digital segment.

Here's Why Investors Should Steer Clear of Red Rock Resorts

Red Rock Resorts' (RRR) bottom-line performance disappoints investors over the past two quarters. The company's price trend in the past six months is also worrisome.

Boyd Gaming Expands Sports Betting Footprint in US, Stock Up

Boyd Gaming (BYD) and FanDuel Group to introduce FanDuel Sportsbooks in Indiana and Iowa.

Macau Gaming Revenues Decline 8.6% in August: What's Next?

Macau Gaming industry witnesses a decline in Gross Gaming Revenue in August for the second straight month.

Penn National Gaming Down 27% in 6 Months: Can It Rebound?

Penn National's (PENN) focus on sports betting and other strategic efforts bodes well for the company.

Boyd Gaming (BYD) Stock Gains 12% YTD: Will Growth Continue?

Boyd Gaming (BYD) continues to expand its portfolio by strengthening current operations and growing through capital investment as well as other strategic measures.

Red Rock Resorts (RRR) Q2 Earnings Lag Estimates, Revenues Top

Red Rock Resorts' (RRR) impressive top-line performance in the second quarter 2019 can be attributed to a year-over-year gain in Las Vegas operations.

Wynn Resorts' (WYNN) Q2 Earnings & Revenues Beat Estimates

Wynn Resorts' (WYNN) solid top-line performance in second-quarter 2019 can be attributed to robust performance by Wynn Palace, Wynn Macau and Las Vegas operations.

Penn National (PENN) Q2 Earnings Top, Revenues Lag Estimates

Penn National Gaming's (PENN) top line in second-quarter 2019 gains from robust performance of the Northeast, West, Midwest and South segments.

Zacks Industry Outlook Highlights: International Game Technology, Melco Resorts & Entertainment, PlayAGS and Zynga

Zacks Industry Outlook Highlights: International Game Technology, Melco Resorts & Entertainment, PlayAGS and Zynga

Boyd Gaming (BYD) Q2 Earnings Miss, Revenues Beat Estimates

Boyd Gaming (BYD) second-quarter 2019 results gain from a robust performance by the Downtown Las Vegas, and Midwest and South segments.

3 Reasons Why Growth Investors Shouldn't Overlook Melco (MLCO)

Melco (MLCO) could produce exceptional returns because of its solid growth attributes.

Harendra Ray headshot

U.S.-China Trade War Woes Mar Gaming Industry Prospects

The trade war between Beijing and Washington impacts casino operators in Macau. The recent smoking ban in the region affects the VIP segment.

Gambling Stock Roundup: MGM & LVS' Q2 Picture Disappoints, MLCO & MCRI Earnings Beat

MGM Resorts International (MGM) and Las Vegas Sands Corp (LVS) reports lower-than-expected quarterly numbers in Q2.

MLCO vs. AGS: Which Stock Should Value Investors Buy Now?

MLCO vs. AGS: Which Stock Is the Better Value Option?

Gaming Segment to Aid Churchill Downs (CHDN) in Q2 Earnings

Strong gaming portfolio and acquisition benefits are likely to reflect in Churchill Downs' (CHDN) earnings results for the second quarter of 2019.

Melco Resorts (MLCO) Q2 Earnings and Revenues Top Estimates

Melco (MLCO) delivered earnings and revenue surprises of 20.00% and 14.95%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Can Declining Revenues Hurt Mattel (MAT) in Q2 Earnings?

Toys "R" Us liquidation, tighter retail inventory and soft consumer demand remain concerns for Mattel (MAT) in the second quarter of 2019.

Solid China Operation to Aid MGM Resorts (MGM) in Q2 Earnings

MGM Resorts' (MGM) top line in second-quarter 2019 is likely to be driven by robust performance of China and domestic operations.

Will Ticket Revenues Aid Royal Caribbean (RCL) Q2 Earnings?

Royal Caribbean's (RCL) second-quarter 2019 results are likely to be driven by higher passenger ticket as well as onboard and other revenues.

Unit Growth & Solid RevPAR to Aid Hilton (HLT) in Q2 Earnings

Hilton's (HLT) top line in the second quarter of 2019 is likely to be driven by unit expansion.

Las Vegas Sands (LVS) to Post Q2 Earnings: What's in Store?

Las Vegas Sands' (LVS) top line in second-quarter 2019 is likely to gain from robust performance of the company's Las Vegas operations, Marine Bay Sands, Sand Cotai Central and Venetian Macao segments.