In the latest trading session,, 1.35 million Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) shares changed hands as the company’s beta touched 0.82. With the company’s most recent per share price at $7.14 changed hands at -$0.06 or -0.83% at last look, the market valuation stands at $2.94B. MLCO’s current price is a discount, trading about -24.65% off its 52-week high of $8.90. The share price had its 52-week low at $4.55, which suggests the last value was 36.27% up since then. When we look at Melco Resorts & Entertainment Ltd ADR’s average trading volume, we note the 10-day average is 2.62 million shares, with the 3-month average coming to 3.93 million.
Analysts gave the Melco Resorts & Entertainment Ltd ADR (MLCO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.93. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MLCO as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Melco Resorts & Entertainment Ltd ADR’s EPS for the current quarter is expected to be 0.04.
Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) trade information
Instantly MLCO was in red as seen in intraday trades today. With action 7.53%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -9.85%, with the 5-day performance at 7.53% in the green. However, in the 30-day time frame, Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) is 12.44% up. Looking at the short shares, we see there were 8.89 million shares sold at short interest cover period of 3.65 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 28.6% from its recent market value. According to analyst projections, MLCO’s forecast low is 9.2 with 11.5 as the target high. To hit the forecast high, the stock’s price needs a -61.06% plunge from its current level, while the stock would need to soar -28.85% for it to hit the projected low.
Melco Resorts & Entertainment Ltd ADR (MLCO) estimates and forecasts
Year-over-year growth is forecast to reach 5.09% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 1.2B. 5 analysts are of the opinion that Melco Resorts & Entertainment Ltd ADR’s revenue for the current quarter will be 1.21B. The company’s revenue for the corresponding quarters a year ago was 1.16B and 1.18B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.27%. The estimates for the next quarter sales put growth at 2.79%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -33.61%. The 2025 estimates are for Melco Resorts & Entertainment Ltd ADR earnings to increase by 222.91%, but the outlook for the next 5-year period is at 92.00% per year.
MLCO Dividends
Melco Resorts & Entertainment Ltd ADR is expected to release its next quarterly earnings report on 2025-May-09. During the past 5 years, the average dividend yield was 1.9 per year.
Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO)’s Major holders
The share float percentage for the stock currently stands at 36.45%. There are 36.45% institutions holding the Melco Resorts & Entertainment Ltd ADR stock share, with CAPITAL RESEARCH GLOBAL INVESTORS the top institutional holder. As of 2024-06-30, the company held 2.357% of the shares, roughly 31.12 million MLCO shares worth $232.19 million.
ARGA INVESTMENT MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 2.2315% or 29.47 million shares worth $219.83 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were SMALLCAP WORLD FUND INC and VANGUARD TRUSTEES’ EQUITY FUND-Vanguard International Value Fund . With 13.36 shares estimated at $95.73 million under it, the former controlled 3.18% of total outstanding shares. On the other hand, VANGUARD TRUSTEES’ EQUITY FUND-Vanguard International Value Fund held about 1.43% of the shares, roughly 6.01 shares worth around $43.05 million.