At the time of writing, MGM Resorts International [MGM] stock is trading at $32.69, up 2.61%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MGM shares have gain 5.49% over the last week, with a monthly amount drifted -14.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MGM Resorts International [NYSE: MGM] stock has seen the most recent analyst activity on February 14, 2025, when Argus upgraded its rating to a Buy but kept the price target unchanged to $50 for it. Previously, BTIG Research downgraded its rating to Neutral on February 03, 2025. On July 03, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $52 on the stock. Susquehanna upgraded its rating to a Positive but stick to its price target of $54 on May 02, 2024. Seaport Research Partners initiated its recommendation with a Buy and recommended $56 as its price target on April 15, 2024. Mizuho started tracking with a Buy rating for this stock on March 26, 2024, and assigned it a price target of $61. In a note dated October 23, 2023, HSBC Securities initiated an Buy rating and provided a target price of $49 on this stock.
For the past year, the stock price of MGM Resorts International fluctuated between $29.99 and $48.24. Currently, Wall Street analysts expect the stock to reach $47.6 within the next 12 months. MGM Resorts International [NYSE: MGM] shares were valued at $32.69 at the most recent close of the market. An investor can expect a potential return of 45.61% based on the average MGM price forecast.
Analyzing the MGM fundamentals
According to MGM Resorts International [NYSE:MGM], the company’s sales were 17.24B for trailing twelve months, which represents an -0.66% plunge. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.23 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 10.45.
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 32.15 points at the first support level, and at 31.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.08, and for the 2nd resistance point, it is at 33.48.
Ratios To Look Out For
It is important to note that MGM Resorts International [NYSE:MGM] has a current ratio of 1.30. Also, the Quick Ratio is 1.26, while the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 13.67.
Transactions by insiders
Recent insider trading involved Halkyard Jonathan S, CHIEF FINANCIAL OFFICER, that happened on Mar 06 ’25 when 10000.0 shares were purchased. SVP & Chief Accounting Officer, Meinert Todd completed a deal on Feb 19 ’25 to sell 6000.0 shares. Meanwhile, Director Meister Keith A. sold 51000.0 shares on Dec 13 ’24.
