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Melco Resorts & Entertainment Limited (MLCO)

(Delayed Data from NSDQ)

$6.34 USD

6.34
2,884,360

+0.03 (0.48%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $6.33 -0.01 (-0.16%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 21% (200 out of 252)

Industry: Gaming

Better trading starts here.

Zacks News

Here's What Key Metrics Tell Us About Melco (MLCO) Q4 Earnings

Although the revenue and EPS for Melco (MLCO) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Melco Resorts (MLCO) Q4 Earnings and Revenues Beat Estimates

Melco (MLCO) delivered earnings and revenue surprises of 333.33% and 0.64%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Imax (IMAX) Beats Q4 Earnings Estimates

Imax (IMAX) delivered earnings and revenue surprises of 70% and 3.84%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Boyd Gaming (BYD) Surpasses Q4 Earnings and Revenue Estimates

Boyd (BYD) delivered earnings and revenue surprises of 16.08% and 3.41%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Melco (MLCO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Melco (MLCO) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Analysts Estimate PENN Entertainment (PENN) to Report a Decline in Earnings: What to Look Out for

PENN Entertainment (PENN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Melco Resorts (MLCO) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Melco (MLCO) Moves to Buy: Rationale Behind the Upgrade

Melco (MLCO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Melco Resorts (MLCO) Reports Q1 Loss, Tops Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 60% and 0.48%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Wynn Resorts (WYNN) Beats Q1 Earnings and Revenue Estimates

Wynn (WYNN) delivered earnings and revenue surprises of 261.11% and 13.50%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Las Vegas Sands (LVS) Tops Q1 Earnings and Revenue Estimates

Las Vegas Sands (LVS) delivered earnings and revenue surprises of 64.71% and 16.13%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) Reports Q4 Loss, Misses Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 15% and 3.86%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

MGM Resorts (MGM) Beats Q4 Earnings and Revenue Estimates

MGM (MGM) delivered earnings and revenue surprises of 143.13% and 7.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) Reports Q3 Loss, Misses Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 7.14% and 20.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Melco (MLCO) Surges 25.5%: Is This an Indication of Further Gains?

Melco (MLCO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Melco Resorts (MLCO) Q2 Earnings Top Estimates, Revenues Lag

Melco Resorts & Entertainment's (MLCO) second-quarter 2022 results were hurt by COVID-related restrictions in Macau as well as mainland China.

Melco Resorts (MLCO) Reports Q2 Loss, Misses Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 1.92% and 22.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Enthusiast Gaming Holdings (EGLX) Reports Q2 Loss, Tops Revenue Estimates

Enthusiast Gaming (EGLX) delivered earnings and revenue surprises of 12.50% and 3.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Harendra Ray headshot

Casino Stocks Plummet After Macau Declares Shutdown

Stocks like MGM Resorts (MGM), Melco Resorts & Entertainment (MLCO), Wynn Resorts (WYNN) and Las Vegas Sands (LVS) decline after Macau announces shutdown.

Melco Resorts (MLCO) Reports Q1 Loss, Lags Revenue Estimates

Melco (MLCO) delivered earnings and revenue surprises of 5.13% and 4.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Enthusiast Gaming Holdings (EGLX) Reports Q4 Loss, Tops Revenue Estimates

Enthusiast Gaming (EGLX) delivered earnings and revenue surprises of -60% and 0.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Red Rock Resorts (RRR) Digital Efforts Aid, High Costs Persist

Red Rock Resorts (RRR) continues to focus on cashless gaming to drive growth. However, increased Covid-related costs are a concern.

The Zacks Analyst Blog Highlights: Las Vegas Sands Corp., Wynn Resorts, Ltd. and Melco Resorts & Entertainment Ltd

Las Vegas Sands Corp., Wynn Resorts, Ltd. and Melco Resorts & Entertainment Ltd are highlighted in this Analyst Blog article.