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Melco Resorts & Entertainment Limited (MLCO)

(Delayed Data from NSDQ)

$7.85 USD

7.85
3,106,558

-0.17 (-2.12%)

Updated May 10, 2024 04:00 PM ET

After-Market: $7.85 0.00 (0.00%) 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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A 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%.

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

Bottom 30% (176 out of 251)

Industry: Gaming

Better trading starts here.

Zacks News

Melco Resorts (MLCO) Q3 Earnings and Revenues Miss Estimates

Melco (MLCO) delivered earnings and revenue surprises of -81.82% and -5.67%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

Leisure Stock Q3 Earnings Due on Nov 1: LYV, WYNN & More

Despite short-term turmoil in the entertainment and gaming space, rise in consumer spending and upbeat outlook for the economy are encouraging.

Melco Resorts (MLCO) Q3 Earnings Preview: What to Know Ahead of the 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.

Penn National Gaming Banks on Strategic Efforts for Growth

Penn National (PENN) is known for its acquisition strategies that help the company expand its presence as well as improve revenue yields.

Here's Why You Should Add Penn National to Your Portfolio Now

Strong brand presence, revenue growth opportunities and continual expansion strategies make Penn National (PENN) a lucrative choice at the moment.

    Gambling Stock Roundup: Mangkhut to Hit Macau Revenues, MGM to Buy Rocksino

    Macau's gaming revenues in September are likely to be impacted Typhoon Mangkhut. MGM Resorts to buy Rocksino from MGM Growth Properties.

      Gambling Stock Roundup: Macau Gambling Sales Impress, PENN & PNK Buyout Okayed, PlayAGS Seals Deal With GVC Holdings

      Macau gambling sales rises in August. Meanwhile, Penn National was given a green signal by Missouri Gaming Commission for the pending buyout of Pinnacle Entertainment.

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

        Melco Resorts & Entertainment Limited (MLCO) could be a stock to avoid from a technical perspective

          MGM Resorts (MGM) Q2 Earnings Meet Estimates, Revenues Lag

          MGM Resorts (MGM) witnesses revenue growth in the second quarter of 2018, driven by a solid performance at MGM China.

            Penn National (PENN) Q2 Earnings Beat, Revenues Lag Estimates

            Driven by Penn National's (PENN) margin improvement initiative, the company witnesses earnings growth in the second quarter of 2018.

              Melco Resorts (MLCO) Q2 Earnings & Revenues Lag Estimates

              Melco Resorts' (MLCO) second quarter earnings and revenues lag analysts' expectations. However adjusted property EBITDA increases year over year

                Will Cost-Control Efforts Drive Melco's (MLCO) Q2 Earnings?

                While efficient cost-control mechanism may drive Melco's (MLCO) second-quarter earnings, lower-than-expected revenues from Macau are likely to hurt the top line.

                  Here's Why MGM Resorts' Rough Ride May Continue Through 2018

                  MGM Resorts' (MGM) dismal show can be attributed to soft gambling revenues from the Macau region.

                    Macau Gambling Revenues Let Down: MLCO, WYNN, LVS Lose Most

                    Although revenues from the Macau region lag analyst expectations, the overall industry trend is still encouraging. This bullish trend is likely to continue through 2018.

                      Zacks Industry Outlook Highlights: Penn National Gaming, Melco Resorts & Entertainment and Stars Group

                      Zacks Industry Outlook Highlights: Penn National Gaming, Melco Resorts & Entertainment and Stars Group

                        Gaming Stock Outlook: Long-term Prospects Flash Bright

                        Improving tourism in Las Vegas and rising demand for gaming and leisure will continue to drive the industry. Most of the companies are opting for alternative avenues to expand customer base.

                          Rajashree Bhattacharyya headshot

                          Stay Cheerful During World Cup: 4 Casino Stocks in Focus

                          With gamblers splurging online in the wake of FIFA World Cup and the recent court ruling on betting law, a few casino bigwigs seem to optimize opportunities to scale the growth ladder.

                            Ryan McQueeney headshot

                            3 Casino Stocks to Buy Now

                            Gambling stocks are always among the most popular on Wall Street. Luckily for investors, now is also a great time to be buying gambling stocks, as continued Vegas strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. Check out these casino stocks today!

                              Reasons Why You Should Add Melco Stock to Your Portfolio Now

                              Melco's (MLCO) strong service line-up in both gaming and non-gaming segments, along with a favorable industry scenario are driving revenues and earnings.

                                Nitish Marwah headshot

                                4 Casino Plays as Delaware & NJ Legalize Sports Gambling

                                With sports gambling made legal, casino stocks are poised to gain significantly.

                                  Penn National Riding on Mergers & Margin-Expansion Efforts

                                  Penn National's (PENN) top line is favored by a strong brand and acquisition strategies. Sincere margin-improvement initiatives also bode well for the company.

                                    LVS Versus MLCO: Which Casino Stock is Worth the Gamble?

                                    While Las Vegas Sands (LVS) has an edge over Melco (MLCO) in terms of projected EPS, the latter has a better valuation.

                                      Wynn Resorts (WYNN) Declines on Disappointing Macau Sales

                                      Wynn Resorts (WYNN), which generates a solid share of its revenues from Macau resorts, declines sharply in the past two trading sessions due to soft gambling revenues from the Macau region.

                                        Extended Stay Expands in Charlotte, Buys Rock Hill Hotel

                                        As part of its growth strategy, Extended Stay (STAY) acquires a property in Rockhill and expands its footprint in the Charlotte area.

                                          Zynga Acquires Merge Dragons! Developer, Updates Q2 Outlook

                                          Zynga (ZNGA) expands its gaming portfolio through the acquisition of privately-held mobile game developer Gram Games for $250 million in cash.