Melco Resorts & Entertainment (MLCO) Stock Forecast & Price Prediction

Estimation of the future price movement of Melco Resorts & Entertainment stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $7.50

Concensus $10.75


Low $10.00

Median $10.75

High $11.50

Based on analysts projections #MLCO is expected to experience a positive growth trajectory over the next year.

The current average MLCO price target, as estimated by these analysts, is $10.75.

The predictions for the future MLCO stock price range from a low of $10.00 to a high of $11.50, highlighting the variability of market expectations for MLCO.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

MLCO stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
J.P. Morgan November 28, 2022 Buy 10.00 7.30
Citigroup September 26, 2022 Buy 11.50 6.88
Citigroup July 5, 2022 Buy 11.00 5.89

Melco Resorts & Entertainment (MLCO) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Melco Resorts & Entertainment is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Sell

Financial Scores

Updated on: 04/04/2024

Altman Z-Score: 0.2

Piotroski Score: 6.0

ESG Score

Updated on: 04/04/2024

Environmental: 46.9

Social: 58.0

Governance: 65.8

Financial Health

Updated on: 04/04/2024

DCF: Buy

ROE: Strong Buy

ROA: Sell

Debt to equity ratio: Strong Sell

Price to earnings ratio: Strong Sell

Price to book ratio: Strong Sell

MLCO Discounted Cash Flow

Updated on: 04/04/2024

$10.948
Discounted Cash Flow Value


$7.490
Current Price

MLCO Revenues by Segment

Updated on: 04/04/2024

Casino
$30,773,120.00
Entertainment Retail And Other
$1,508,260.00
Food and Beverage
$2,088,850.00
Occupancy
$3,382,240.00

Revenue from Contract with Customer, Excluding Assessed Tax

MLCO Revenues by Region

Updated on: 04/04/2024

Altira Macau
$1,108,250.00

MLCO Notes Due

Updated on: 04/04/2024

CIKExchangeTitle

There are no data to display

Melco Resorts & Entertainment (MLCO) Social Sentiments

Monitoring bullish and bearish sentiments towards Melco Resorts & Entertainment on Twitter and Stocktwits could help to forecast an upward or downward trend in Melco Resorts & Entertainment stock price.

No social results for MLCO

Melco Resorts & Entertainment: A Promising Stock Forecast in the Gaming Industry

Melco Resorts & Entertainment is a well-established player in the global gaming and entertainment industry. With its headquarters in Hong Kong, Melco operates several world-class gaming resorts across Macau and Manila, including City of Dreams, Studio City, and Altira Macau. The company's unique approach to the gaming industry sets it apart from its competitors. Melco has always aimed to provide... Read more

Stock Predictions for Melco Resorts & Entertainment Limited: A Strong Contender in the Resorts & Casinos Sector

The Resorts & Casinos stock market sector is a highly competitive and lucrative industry that attracts millions of investors around the world. This industry has witnessed tremendous growth over the years, thanks to the increasing demand for gambling and leisure activities. One major player in this sector is Melco Resorts & Entertainment Limited, which trades under the stock ticker "Resorts...
Melco Resorts & Entertainment has been making waves in the sector due to its exceptional product offerings and innovative strategies for growth. The company's strong presence in Asia is one reason why it stands out from other competitors in the space. This success has reflected positively on its stock price with so many remarkable stock predictions.

In terms of stock prediction for Melco Resorts & Entertainment Limited, analysts are optimistic about its prospects despite some challenges facing the industry as a whole. The company's strong financials, diversified operations across different regions of Asia, and continued expansion plans make it an attractive investment opportunity for investors looking to tap into the Resorts & Casinos sector.

Moreover, there is expected growth as China aims to crack down on illegal online gambling activities within their jurisdiction which will drive more business towards legitimate casinos like those operated by Melco Resorts & Entertainment.

Furthermore, MRE has enlisted a number of high-profile figures – including big-name architects like Zaha Hadid Architects – to build extravagant new resorts that will appeal to Asian gamers looking for fresh experiences outside the traditional Las Vegas setting.

In conclusion, while many sectors have been impacted by external factors such as COVID-19, the Resort & Casino sector has maintained high levels of interest from investors due to its ever-growing popularity. Analysts predict that Melco Resorts & Entertainment Limited will continue growing sustainably with various new openings and projects in Asia. The company's focus on innovation, diversification, and strong financials make it an attractive prospect for investors looking to capitalize on the sector’s growth.">Read more