Melco Resorts & Entertainment Ltd ADR [MLCO] stock prices are up 4.17% to $5.50 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MLCO shares have gain 3.19% over the last week, with a monthly amount drifted -1.08%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Melco Resorts & Entertainment Ltd ADR [NASDAQ: MLCO] stock has seen the most recent analyst activity on February 10, 2025, when Citigroup downgraded its rating to a Neutral and also revised its price target to $6 from $10. Previously, Morgan Stanley downgraded its rating to Equal-Weight on December 17, 2024, and dropped its price target to $7.50. On July 18, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $7 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $10.40 on May 29, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $9.60 on May 06, 2024. Seaport Research Partners started tracking with a Buy rating for this stock on April 15, 2024, and assigned it a price target of $10. In a note dated December 15, 2023, Susquehanna initiated an Positive rating and provided a target price of $15 on this stock.
The stock price of Melco Resorts & Entertainment Ltd ADR [MLCO] has been fluctuating between $4.78 and $9.39 over the past year. Currently, Wall Street analysts expect the stock to reach $9.2 within the next 12 months. Melco Resorts & Entertainment Ltd ADR [NASDAQ: MLCO] shares were valued at $5.50 at the most recent close of the market. An investor can expect a potential return of 67.27% based on the average MLCO price forecast.
Analyzing the MLCO fundamentals
The Melco Resorts & Entertainment Ltd ADR [NASDAQ:MLCO] reported sales of 4.54B for trailing twelve months, representing a surge of 15.52%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.30 points at the first support level, and at 5.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.62, and for the 2nd resistance point, it is at 5.75.
Ratios To Look Out For
It’s worth pointing out that Melco Resorts & Entertainment Ltd ADR [NASDAQ:MLCO]’s Current Ratio is 1.19. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.98. Considering the valuation of this stock, the price to sales ratio is 0.51.
