Melco Resorts & Entertainment Limited (MLCO)

AI-powered earnings prediction for Melco Resorts & Entertainment Limited (MLCO).

6.06
+3.06%
USD, 2 days ago
Market Cap
2.32B
Google

Company Overview

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau, a casino hotel, which has gaming tables and gaming machines; hotel rooms; dining and casual restaurants; recreation and leisure facilities; and non-gaming amenities. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau. Further, the company owns and operates Mocha Clubs with gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus; and develops and operates City of Dreams Mediterranean, an integrated casino resort in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. The company operates as a subsidiary of Melco Leisure and Entertainment Group Limited.

Sector
Consumer Cyclical
Industry
Resorts & Casinos
Phone
852 2598 3600
Headquarters
The Centrium
Central
Hong Kong

Key Metrics

P/E Ratio (TTM)
12.92
Forward P/E
7.47
Price to Book
-1.86
Beta
0.58
Profit Margin
3.58%
Gross Margin
36.73%
Return on Equity
N/A
Return on Assets
4.82%
Earnings Growth
N/A
Revenue Growth
8.60%

Financial Health

Total Cash
$1.02B
Total Debt
$7.02B
Debt to Equity
N/A
Current Ratio
1.07

Analyst Recommendations

Target Price (Mean)
$9.63
Target High
$12.30
Target Low
$6.40
Recommendation
buy
Analyst Coverage
14 Analysts

Trading Ideas

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