Back to top
more

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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth C 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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 21% (200 out of 252)

Industry: Gaming

Better trading starts here.

Zacks News

Strength Seen in Melco (MLCO): Can Its 16.6% Jump Turn into More Strength?

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.

Mrithunjoy Kaushik headshot

Casino Stocks Gain on Macau's New Gaming Law Reforms

Stocks like LVS, WYNN and MLCO are likely to have benefitted from new amendments in gaming concession renewals.

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

Melco (MLCO) delivered earnings and revenue surprises of -43.33% and -34.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Will Melco Resorts (MLCO) Report Negative Q3 Earnings? What You Should Know

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.

Harendra Ray headshot

Casino Stocks Fall as China Mulls Tougher Macau Casino Rules

Stocks like MGM, MLCO, WYNN and LVS are likely to be hurt by tougher Macau casinos rules.

Harendra Ray headshot

Macau Casino Traffic Surges: Is the Worst Over for the Industry?

Casino visitation in Macau has increased considerably in the first week of September. However, it is still well below the pre-pandemic level.

Zacks.com featured highlights include: Manchester United, Las Vegas Sands, Melco Resorts & Entertainment and Carrols Restaurant

Zacks.com featured highlights include: Manchester United, Las Vegas Sands, Melco Resorts & Entertainment and Carrols Restaurant

Rimmi Singhi headshot

4 Toxic Stocks That May Give You Sleepless Nights

Usually, toxic stocks are fraught with huge debt loads and are susceptible to external shocks. Discard MANU, LVS, MLCO and TAST to safeguard your portfolio from heavy losses.

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

Melco (MLCO) delivered earnings and revenue surprises of -12.90% and -10.79%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Here's Why Macau Gaming Revenues Declined in June

Macau has witnessed month over month decline in casino Gross Gaming Revenues (GGR) in June.

Moving Average Crossover Alert: Melco Resorts & Entertainment (MLCO)

Melco Resorts & Entertainment (MLCO) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Harendra Ray headshot

Macau Casino Hopes Brighten: Gaming Revenues Soar in May

The Macau Gaming industry witnesses an increase in Gross Gaming Revenues in May for the fourth straight month.

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

Melco (MLCO) delivered earnings and revenue surprises of -46.67% and -18.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Leisure Stock Q1 Earnings Due on Apr 28: MGM, MLCO & More

The leisure industry's first-quarter performances are likely to reflect robust demand for golf business. However, coronavirus pandemic continues to hurt casinos operators.

MGM Resorts' (MGM) BetMGM Strengthens Online Poker Presence

MGM Resorts' (MGM) continues to focus on online betting expansion. Moreover, BetMGM launches BetMGM Poker in Michigan.

Zacks.com featured highlights include: Carrols Restaurant Group, Nuance Communications, Hexcel and Melco Resorts & Entertainment

Zacks.com featured highlights include: Carrols Restaurant Group, Nuance Communications, Hexcel and Melco Resorts & Entertainment

Rimmi Singhi headshot

These 4 Toxic Stocks Could Endanger Your Portfolio

A toxic stock is basically one that trades at a price not supported by its fundamental strength. Identifying toxic stocks is imperative in shielding one's portfolio from massive losses.

Harendra Ray headshot

Macau Gaming Still Improving, November Revenue Drop Narrows

The coronavirus pandemic has been hurting the gaming industry as most of the casinos are witnessing lower traffic due to the outbreak.

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

Melco (MLCO) delivered earnings and revenue surprises of 27.47% and -28.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Melco Resorts (MLCO) Q3 Earnings Expected to Decline

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.

Mrithunjoy Kaushik headshot

Macau Gaming Revenues Drop in September: Will the Slump Stay?

Macau casino GGR declined in September owing to dismal footfall. Moreover, GGR declined 90% or more for the sixth straight month.

Harendra Ray headshot

Macau Gaming Revenues Dip in August: Avoid These 3 Stocks

Macau casino gross gaming revenue decline in August due to dismal footfall. Moreover, GGR declined more than 90% for the fifth straight month.

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

Melco Resorts & Entertainment (MLCO) second-quarter results reflect dismal performance in all gaming segments and non-gaming operations due to the coronavirus pandemic.

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

Melco (MLCO) delivered earnings and revenue surprises of 37.93% and -34.61%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Harendra Ray headshot

Gaming Industry Continues to Bear Coronavirus Brunt in Macau

Gaming revenues declined sharply in Macau due to a reduction in footfall as China continued to decline individual and group visas to Macau as a safety precaution.