Back to top
more

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%) 5:36 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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

Will Cost-Control Efforts Drive Melco's (MLCO) Q2 Earnings?

While efficient cost-control mechanism may drive Melco's (MLCO) second-quarter earnings, lower-than-expected revenues from Macau are likely to hurt the top line.

    Here's Why MGM Resorts' Rough Ride May Continue Through 2018

    MGM Resorts' (MGM) dismal show can be attributed to soft gambling revenues from the Macau region.

      Macau Gambling Revenues Let Down: MLCO, WYNN, LVS Lose Most

      Although revenues from the Macau region lag analyst expectations, the overall industry trend is still encouraging. This bullish trend is likely to continue through 2018.

        Zacks Industry Outlook Highlights: Penn National Gaming, Melco Resorts & Entertainment and Stars Group

        Zacks Industry Outlook Highlights: Penn National Gaming, Melco Resorts & Entertainment and Stars Group

          Gaming Stock Outlook: Long-term Prospects Flash Bright

          Improving tourism in Las Vegas and rising demand for gaming and leisure will continue to drive the industry. Most of the companies are opting for alternative avenues to expand customer base.

            Rajashree Bhattacharyya headshot

            Stay Cheerful During World Cup: 4 Casino Stocks in Focus

            With gamblers splurging online in the wake of FIFA World Cup and the recent court ruling on betting law, a few casino bigwigs seem to optimize opportunities to scale the growth ladder.

              Ryan McQueeney headshot

              3 Casino Stocks to Buy Now

              Gambling stocks are always among the most popular on Wall Street. Luckily for investors, now is also a great time to be buying gambling stocks, as continued Vegas strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. Check out these casino stocks today!

                Reasons Why You Should Add Melco Stock to Your Portfolio Now

                Melco's (MLCO) strong service line-up in both gaming and non-gaming segments, along with a favorable industry scenario are driving revenues and earnings.

                  Nitish Marwah headshot

                  4 Casino Plays as Delaware & NJ Legalize Sports Gambling

                  With sports gambling made legal, casino stocks are poised to gain significantly.

                    Penn National Riding on Mergers & Margin-Expansion Efforts

                    Penn National's (PENN) top line is favored by a strong brand and acquisition strategies. Sincere margin-improvement initiatives also bode well for the company.

                      LVS Versus MLCO: Which Casino Stock is Worth the Gamble?

                      While Las Vegas Sands (LVS) has an edge over Melco (MLCO) in terms of projected EPS, the latter has a better valuation.

                        Wynn Resorts (WYNN) Declines on Disappointing Macau Sales

                        Wynn Resorts (WYNN), which generates a solid share of its revenues from Macau resorts, declines sharply in the past two trading sessions due to soft gambling revenues from the Macau region.

                          Extended Stay Expands in Charlotte, Buys Rock Hill Hotel

                          As part of its growth strategy, Extended Stay (STAY) acquires a property in Rockhill and expands its footprint in the Charlotte area.

                            Zynga Acquires Merge Dragons! Developer, Updates Q2 Outlook

                            Zynga (ZNGA) expands its gaming portfolio through the acquisition of privately-held mobile game developer Gram Games for $250 million in cash.

                              Ryan McQueeney headshot

                              3 Casino Stocks to Buy Now

                              The U.S. Supreme Court just overturned a decades-long ban on sports betting, opening the door for many new legal gambling avenues soon. Luckily for investors, gambling and casino stocks were already on fire before this new growth catalysts. Check out these casino stocks today!

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

                                Although overlooked by the investors, Melco Resorts & Entertainment (MLCO) looks well-positioned for a solid gain, supported by a favorable Zacks rank and positive estimate revisions.

                                  Top Ranked Momentum Stocks to Buy for May 9th

                                  Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 9th:

                                    Melco Resorts (MLCO) Q1 Earnings Top, Sales Lag Estimates

                                    Melco Resorts (MLCO) reported adjusted earnings per share of 34 cents that surpassed the Zacks Consensus Estimate of 28 cents.

                                      Factors Setting the Tone for Melco Resorts (MLCO) Q1 Earnings

                                      Melco Resorts' (MLCO) first-quarter revenues are likely to be driven by mass and premium mass gaming revenues in Macau.

                                        MGM Resorts (MGM) Q1 Earnings & Revenues Beat Estimates

                                        MGM Resorts' (MGM) first-quarter 2018 earnings and revenues benefit from growth at the company's newly opened MGM Cotai.

                                          Melco Resorts (MLCO) Q4 Earnings Lag, Revenues Top Estimates

                                          Melco's (MLCO) revenue growth from Studio City and Altira Macau drives fourth-quarter earnings.

                                            Shuvra Shankar Dey headshot

                                            Melco Resorts (MLCO) to Report Q4 Earnings: What's in Store?

                                            We expect Melco's (MLCO) performance in Macau to get a boost in the to-be-reported quarter.

                                              Wynn Resorts (WYNN) Benefits From Strong Non-Gaming Revenues

                                              Wynn Resorts (WYNN) continues to benefit from its increased focus on boosting non-gaming revenues both in Macau and Las Vegas.

                                                Dolby (DLB) Q1 Earnings Beat Estimates, Revenues Grow Y/Y

                                                Impressive performance in Dolby Laboratories' (DLB) licensing business drives the company's first-quarter fiscal 2018 results.

                                                  Las Vegas Sands (LVS) Q4 Earnings Beat on Solid Revenues

                                                  On the back of solid revenues and higher EBITDA margins, Las Vegas Sands' (LVS) Q4 earnings grew year over year. It also beat the consensus mark.