Melco Resorts & Entertainment Ltd ADR [MLCO] stock prices are saw in change for the day to $5.65 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 0.89% over the last week, with a monthly amount drifted -4.40%, 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 March 03, 2025, when Morgan Stanley upgraded its rating to a Overweight and also revised its price target to $6.70 from $7.50. Previously, Citigroup downgraded its rating to Neutral on February 10, 2025, and dropped its price target to $6. On December 17, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $7.50 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $7 on July 18, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $10.40 on May 29, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on May 06, 2024, and upped its price target to $9.60. In a note dated April 15, 2024, Seaport Research Partners initiated an Buy rating and provided a target price of $10 on this stock.
The stock price of Melco Resorts & Entertainment Ltd ADR [MLCO] has been fluctuating between $4.78 and $8.90 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 $5.65 at the most recent close of the market. An investor can expect a potential return of 62.83% based on the average MLCO price forecast.
Analyzing the MLCO fundamentals
The Melco Resorts & Entertainment Ltd ADR [NASDAQ:MLCO] reported sales of 4.64B for trailing twelve months, representing a surge of 8.91%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 5.53 points at the first support level, and at 5.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.73, and for the 2nd resistance point, it is at 5.81.
Ratios To Look Out For
It’s worth pointing out that Melco Resorts & Entertainment Ltd ADR [NASDAQ:MLCO]’s Current Ratio is 1.20. Also, the Quick Ratio is 1.17, while the Cash Ratio stands at 0.98. Considering the valuation of this stock, the price to sales ratio is 0.51 and price to earnings (TTM) ratio is 57.71.
