Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - HK
$ 6.12
-0.971 %
$ 2.57 B
Market Cap
-19.12
P/E
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 approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge.[ Read More ]
The intrinsic value of one MLCO stock under the base case scenario is HIDDEN Compared to the current market price of 6.12 USD, Melco Resorts & Entertainment Limited is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MLCO
FINANCIALS
3.78 B
REVENUE
65 M
OPERATING INCOME
-327 M
NET INCOME
623 M
OPERATING CASH FLOW
-48.5 M
INVESTING CASH FLOW
-1.13 B
FINANCING CASH FLOW
1.18 B
REVENUE
139 M
OPERATING INCOME
21.4 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
Melco Resorts & Entertainment Limited
| Current Assets | 1.54 B |
| Cash & Short-Term Investments | 1.31 B |
| Receivables | 92.4 M |
| Other Current Assets | 141 M |
| Non-Current Assets | 6.79 B |
| Long-Term Investments | 125 M |
| PP&E | 5.6 B |
| Other Non-Current Assets | 1.06 B |
| Current Liabilities | 1.1 B |
| Accounts Payable | 11.8 M |
| Short-Term Debt | 91.3 M |
| Other Current Liabilities | 1 B |
| Non-Current Liabilities | 8.07 B |
| Long-Term Debt | 7.71 B |
| Other Non-Current Liabilities | 358 M |
EFFICIENCY
Earnings Waterfall
Melco Resorts & Entertainment Limited
| Revenue | 3.78 B |
| Cost Of Revenue | 2.88 B |
| Gross Profit | 892 M |
| Operating Expenses | 554 M |
| Operating Income | 65 M |
| Other Expenses | 392 M |
| Net Income | -327 M |
RATIOS
23.62%
GROSS MARGIN
1.72%
OPERATING MARGIN
-8.66%
NET MARGIN
25.40%
ROE
-3.92%
ROA
1.08%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Melco Resorts & Entertainment Limited
| Net Income | -327 M |
| Depreciation & Amortization | 521 M |
| Capital Expenditures | -264 M |
| Stock-Based Compensation | 35.5 M |
| Change in Working Capital | 243 M |
| Others | 186 M |
| Free Cash Flow | 359 M |
Wall Street Analysts Price Targets
Melco Resorts & Entertainment Limited
Wall Street analysts predict an average 1-year price target for MLCO of $9.07 , with forecasts ranging from a low of $7.5 to a high of $10 .
MLCO Lowest Price Target
Wall Street Target
7.5 USD
22.55%
MLCO Average Price Target
Wall Street Target
9.07 USD
48.28%
MLCO Highest Price Target
Wall Street Target
10 USD
63.40%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.165 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Melco Resorts & Entertainment Limited
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Melco Resorts & Entertainment Limited (MLCO) Q3 2024 Earnings Call Transcript
Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - President Lawrence Ho - Chairman and CEO Geoffrey Davis - EVP and CFO Conference Call Participants George Choi - Citi John DeCree - CBRE Luis Ricardo Chinchilla - Deutsche Bank Praveen Choudhary - Morgan Stanley Simon Cheung - Goldman Sachs Operator Ladies and Gentlemen, thank you for participating in the Third Quarter 2024 Earnings Conference Call of Melco Resorts and Entertainment Limited. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 week ago
Melco (MLCO) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Melco (MLCO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 week ago
Melco Resorts (MLCO) Q3 Earnings and Revenues Miss Estimates
Melco Resorts (MLCO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago.
zacks.com
- 1 week ago
Melco Announces Unaudited Third Quarter 2024 Earnings
MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024.
globenewswire.com
- 1 week ago
Should Value Investors Buy Melco Resorts & Entertainment Limited (MLCO) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 2 weeks ago
Melco Announces Earnings Release Date
MACAU, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the third quarter of 2024 on Tuesday, November 5, 2024 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time).
globenewswire.com
- 2 weeks ago
Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 30.9% in Melco (MLCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
- 1 month ago
Are Investors Undervaluing Melco Resorts & Entertainment Limited (MLCO) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 month ago
US-Listed Casino and Copper Stocks Surge Following Chinese Stimulus Measures
Since China launched a series of stimulus measures, US-listed casino and copper stocks have performed exceptionally well. A research company is suggesting investors consider buying these stocks.
gurufocus.com
- 1 month ago
Melco Resorts Has Been Left Financially Distressed
Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net.
seekingalpha.com
- 1 month ago
Casino Stocks Were the Big Winners This Week
China announced a stimulus that is aimed at reaching the country's 5% GDP growth goal. Investors are betting that one area to benefit from stimulus is Macao's casinos.
fool.com
- 1 month ago
Melco Resorts Stock's Big Boost From China's Stimulus Plans
China will provide "necessary fiscal spending" to kick-start a sluggish economy. The stock market in China has struggled recently, and this news brought it back to life.
fool.com
- 1 month ago
8. Profile Summary
Melco Resorts & Entertainment Limited MLCO
COUNTRY
HK
INDUSTRY
Gambling, Resorts & Casinos
MARKET CAP
$ 2.57 B
Dividend Yield
0.00%
Description
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 approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets that comprises 290 gaming tables and 645 gaming machines in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with 813 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 three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
Contact
The Centrium, Central,
https://www.melco-resorts.com
IPO Date
Dec. 19, 2006
Employees
20209
Officers
Mr. Evan Andrew Winkler
President & Director
Mr. Graham Paul Winter
Executive Vice President & Chief Legal Officer
Chimmy Leung
Executive Director of Corporate Communications
Mr. Geoffrey Stuart Davis C.F.A.
Executive Vice President & Chief Financial Officer
Ms. Akiko Takahashi
Executive Vice President and Chief of Staff to Chairman & Chief Executive Officer
Mr. Yau Lung Ho
Founder, Chairman & Chief Executive Officer
Mr. David Ross Sisk
Chief Operating Officer of Macau Resorts
Ms. Jeanny Kim
Senior Vice President & Group Treasurer