Melco Resorts & Entertainment (MLCO) Aandelenoverzicht
Melco Resorts & Entertainment Limited ontwikkelt, bezit en exploiteert casino gaming en resort faciliteiten in Macau, de Filippijnen, Cyprus en internationaal. Meer informatie
| Sneeuwvlok Score | |
|---|---|
| Waardering | 5/6 |
| Toekomstige groei | 1/6 |
| Prestaties in het verleden | 4/6 |
| Financiële gezondheid | 0/6 |
| Dividenden | 0/6 |
Beloningen
Risicoanalyse
MLCO Community Fair Values
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Analyst Price Targets
Melco Resorts & Entertainment Limited Concurrenten
Prijsgeschiedenis en prestaties
| Historische aandelenkoersen | |
|---|---|
| Huidige aandelenkoers | US$5.48 |
| 52 Week Hoogtepunt | US$10.15 |
| 52 Week Laag | US$5.07 |
| Bèta | 0.59 |
| 1 maand verandering | 0% |
| 3 maanden verandering | 1.29% |
| 1 Jaar Verandering | -38.84% |
| 3 jaar verandering | -50.54% |
| 5 jaar verandering | -57.05% |
| Verandering sinds IPO | -74.57% |
Recent nieuws en updates
Analyse-artikel • Aug 16
Melco Resorts & Entertainment Limited Just Missed Earnings - But Analysts Have Updated Their Models
It's shaping up to be a tough period for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), which a week ago...
Narratiefupdate • Aug 16
MLCO: Macau Projects And Share Repurchases Will Drive Future Rerating
Analysts have trimmed their fair value estimate for Melco Resorts & Entertainment from about $7.97 to about $7.42, pointing to lower profit margin assumptions, a slightly higher discount rate, and price target reductions across the Street that reference higher debt levels and softer Macau gaming sentiment. Analyst Commentary Recent research on Melco Resorts & Entertainment shows a mix of cautious and constructive views, with most firms trimming price targets but differing on what that implies for the stock's risk and reward profile.
Narratiefupdate • Jul 24
MLCO: Cautious Sector Outlook And Buybacks Will Shape Risk Reward Balance
Analysts have trimmed the fair value estimate for Melco Resorts & Entertainment to $5.70 from $8.50, reflecting lower assumed revenue growth, slightly softer profit margins, a modestly higher discount rate, and updated sector views following recent target cuts and rating changes across JPMorgan, Citi, CLSA, and Morgan Stanley research. Analyst Commentary Recent Street research on Melco Resorts & Entertainment shows a cluster of more cautious views, with several firms trimming price targets and adjusting ratings as they reassess sector conditions and company specific risks.Recent updates
Analyse-artikel • Aug 16
Melco Resorts & Entertainment Limited Just Missed Earnings - But Analysts Have Updated Their Models
It's shaping up to be a tough period for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), which a week ago...Narratiefupdate • Aug 16
MLCO: Macau Projects And Share Repurchases Will Drive Future Rerating
Analysts have trimmed their fair value estimate for Melco Resorts & Entertainment from about $7.97 to about $7.42, pointing to lower profit margin assumptions, a slightly higher discount rate, and price target reductions across the Street that reference higher debt levels and softer Macau gaming sentiment. Analyst Commentary Recent research on Melco Resorts & Entertainment shows a mix of cautious and constructive views, with most firms trimming price targets but differing on what that implies for the stock's risk and reward profile.Narratiefupdate • Jul 24
MLCO: Cautious Sector Outlook And Buybacks Will Shape Risk Reward Balance
Analysts have trimmed the fair value estimate for Melco Resorts & Entertainment to $5.70 from $8.50, reflecting lower assumed revenue growth, slightly softer profit margins, a modestly higher discount rate, and updated sector views following recent target cuts and rating changes across JPMorgan, Citi, CLSA, and Morgan Stanley research. Analyst Commentary Recent Street research on Melco Resorts & Entertainment shows a cluster of more cautious views, with several firms trimming price targets and adjusting ratings as they reassess sector conditions and company specific risks.Seeking Alpha • Jul 15
Melco Resorts & Entertainment: The Worst Is Behind Us
Summary Melco Resorts & Entertainment remains a BUY as World Cup-driven Macau weakness appears priced in and fundamentals should strengthen into August’s peak visitation. MLCO’s 1Q26 Macau EBITDA grew 16% YoY with margins up to 27.4%, outperforming Las Vegas Sands in margin resilience. MLCO trades at 6.5x forward EV/EBITDA, a 17% discount to LVS and 36% below the consumer discretionary sector, with robust forward growth metrics. Upcoming REM hotel opening in 2H26 targets premium customers, positioning MLCO for GGR share gains even if overall market growth slows. Read the full article on Seeking AlphaNarratiefupdate • Jul 10
MLCO: Share Repurchases And Sri Lanka Expansion Will Support Future Rerating
Analysts have trimmed their fair value estimate for Melco Resorts & Entertainment to $7.97 from $10.92, as recent price target cuts to around $6 reflect softer revenue and margin assumptions alongside ongoing negative estimate revisions. Analyst Commentary Recent research on Melco Resorts & Entertainment shows a mix of cautious and constructive views, with most commentary clustering around the US$6 price target range and focusing on earnings revisions, capital returns, and how quickly the business can normalize post COVID.
Narratiefupdate • Jun 26
MLCO: Share Repurchases And Potential Dividend Resumption Will Drive Future Re rating
Analysts now see Melco Resorts & Entertainment's fair value closer to $10.50, down from $13.00, as recent price target cuts and downgrades highlight ongoing estimate revisions and the absence of dividend payments since COVID. Analyst Commentary Recent analyst moves on Melco Resorts & Entertainment point to a more cautious stance overall, but there are still pockets of optimism that focus on where the company could execute better and how that might be reflected in valuation over time.Analyse-artikel • Jun 17
Melco Resorts And Entertainment (MLCO) Stock Could Be 58.3% Below Fair Value
Recent Performance Snapshot Melco Resorts & Entertainment (MLCO) stock has been under pressure recently, with the share price down over the past week, month, and past 3 months, and lower year to date. Over a longer horizon, total returns over the past year, 3 years, and 5 years have also declined, which may prompt investors to reassess how this casino and resort operator fits into their broader portfolio. See our latest analysis for Melco Resorts & Entertainment. At a share price of US$5.42,...Analyse-artikel • Feb 17
Melco Resorts & Entertainment Limited Just Beat EPS By 7.6%: Here's What Analysts Think Will Happen Next
It's been a sad week for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), who've watched their investment drop...Analyse-artikel • Apr 14
Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) Revenues Are Not Doing Enough For Some Investors
When you see that almost half of the companies in the Hospitality industry in the United States have price-to-sales...Analyse-artikel • Feb 01
Investors Could Be Concerned With Melco Resorts & Entertainment's (NASDAQ:MLCO) Returns On Capital
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...Analyse-artikel • Dec 27
Little Excitement Around Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) Revenues
Melco Resorts & Entertainment Limited's ( NASDAQ:MLCO ) price-to-sales (or "P/S") ratio of 0.5x might make it look like...Seeking Alpha • Dec 27
Melco Resorts: Leverage And Capex Are Still Concerns, Even With A Macau Rebound
Summary Melco Resorts shows some Q3’24 improvement, but high capex costs and financial leverage hinder profitability and shareholder returns. Operating income barely covers interest expenses; substantial debt and upcoming maturities pose significant financial risks. Macau tourism recovery is slower than expected, adding to the challenges of improving profitability in a competitive market. Despite some positive strides this quarter, I remain cautious due to financial risks and recommend investors carefully consider these before investing. Read the full article on Seeking AlphaAnalyse-artikel • Dec 06
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares Could Be 22% Below Their Intrinsic Value Estimate
Key Insights The projected fair value for Melco Resorts & Entertainment is US$8.36 based on 2 Stage Free Cash Flow to...Analyse-artikel • Nov 09
Should You Investigate Melco Resorts & Entertainment Limited (NASDAQ:MLCO) At US$6.83?
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), might not be a large cap stock, but it received a lot of...Seeking Alpha • Oct 01
Melco Resorts Has Been Left Financially Distressed
Summary Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net. The MLCO stock's valuation looks fair, but I suggest caution as the high debt highly leverages shareholders' returns. Read the full article on Seeking AlphaAnalyse-artikel • Sep 27
The Market Lifts Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares 40% But It Can Do More
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shares have had a really impressive month, gaining 40% after a...Analyse-artikel • Sep 19
Be Wary Of Melco Resorts & Entertainment (NASDAQ:MLCO) And Its Returns On Capital
What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...Analyse-artikel • Aug 03
Slammed 29% Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Screens Well Here But There Might Be A Catch
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shareholders that were waiting for something to happen have been...Seeking Alpha • Jul 17
Melco Resorts: Not Willing To Roll The Dice With The Debt Stack
Summary Melco Resorts & Entertainment Limited shares have declined 11% while the market has gone up 9% since initial coverage. Since the initial write-up, the company appears to be making good (but slow) progress. The macro situation is improving for travel and demand for resorts and gaming has led to Melco Resorts' improving financial position, paying down debt steadily. Recent results show growth in Macau, but I have concerns remain about high capex costs, high interest expenses, and leverage ratios. Read the full article on Seeking AlphaAnalyse-artikel • Jun 17
The Returns On Capital At Melco Resorts & Entertainment (NASDAQ:MLCO) Don't Inspire Confidence
When researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...Analyse-artikel • May 13
Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) P/S Still Appears To Be Reasonable
With a median price-to-sales (or "P/S") ratio of close to 1.2x in the Hospitality industry in the United States, you...Seeking Alpha • Mar 13
Melco Resorts: A High Valuation And Debt Overhang
Summary Melco Resorts reported another adjusted EBITDA positive quarter with an increase in both revenues and EPS. The macro situation is improving for travel and demand for resorts and gaming has led Melco Resorts' improving financial position, paying down debt. While debt reduction is a priority, the valuation is not as cheap as it appears due to high interest costs and high capex costs that should persist into the future. Read the full article on Seeking AlphaAnalyse-artikel • Mar 03
Be Wary Of Melco Resorts & Entertainment (NASDAQ:MLCO) And Its Returns On Capital
When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...Analyse-artikel • Dec 22
The Market Lifts Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares 26% But It Can Do More
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shareholders are no doubt pleased to see that the share price has...Analyse-artikel • Dec 14
Is There An Opportunity With Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) 49% Undervaluation?
Key Insights Melco Resorts & Entertainment's estimated fair value is US$16.35 based on 2 Stage Free Cash Flow to Equity...Analyse-artikel • Aug 13
At US$12.00, Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Worth Looking At Closely?
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), is not the largest company out there, but it saw a double-digit...Analyse-artikel • Jun 08
Estimating The Intrinsic Value Of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Melco Resorts & Entertainment fair value estimate is US$14.66...Analyse-artikel • Mar 05
Calculating The Fair Value Of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)
Key Insights The projected fair value for Melco Resorts & Entertainment is US$12.62 based on 2 Stage Free Cash Flow to...Analyse-artikel • Jan 11
Why Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Could Be Worth Watching
Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), might not be a large cap stock, but it received a lot of...Analyse-artikel • Sep 27
Is Melco Resorts & Entertainment (NASDAQ:MLCO) Using Debt In A Risky Way?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Sep 14
Melco Resorts submits tender proposal for gaming concession
Melco Resorts (Macau) a subsidiary of Melco Resorts & Entertainment (NASDAQ:MLCO) on September 14, 2022 submitted its detailed proposal in relation to the public tender for new gaming concessions launched by the Macau Government in July this year. "I would like to thank the Macau government for this opportunity. Our proposal reinforces our commitment to Macau and the further diversification of its economy. We look forward to playing a leadership role in partnering with the Macau government to execute on the government’s vision." said Mr. Lawrence Ho, Chairman and Chief Executive OfficerSeeking Alpha • Sep 05
Melco: Fundamentals Remain Solid Through The Headwinds
Summary As expected, Melco sustained EBITDA losses this quarter amid the impact of COVID restrictions on the Macau operations. While the near-term guidance is uncertain, Melco’s liquidity runway provides a nice buffer against any headwinds. The discounted valuation offers compelling value, particularly with management actively working to address the ADR delisting overhang. Looking through the industry-wide gross gaming revenue ((GGR)) weakness in recent quarters, I continue to see the long-term value in Melco's (MLCO) leadership in the lucrative Macau premium mass segment. Plus, the company retains a collection of high-quality assets that ensure ample room for future upside as it capitalizes on an eventual GGR recovery in the coming years. In the meantime, MLCO has done a great job on cost-cutting and given some of these cuts are structural, expect the EBITDA margin improvement to sustain over the long run as well. At the current valuation of ~5x FY24 EV/EBITDA, the stock trades at a wide discount to historical levels, presenting compelling re-rating potential from here. The key near-term catalyst remains the US-listed depositary receipt (ADR) delisting issue - with MLCO actively exploring mitigating measures such as an auditor change and a Hong Kong listing, positive progress on addressing the delisting risk could drive a re-rate. MarketScreener COVID Restrictions Weigh on Q2 2022 Results It came as no major surprise that MLCO’s Q2 2022 results was below par, with a - $13.8m EBITDA loss (vs. +$56m EBITDA in Q1 2022) headlining the print. Adjusted for luck factor (i.e., the casino’s take per dollar of rolling chip volume), the EBITDA loss would have been wider at -$16mn (vs. a $48m EBITDA in Q1 2022), as Macau activity suffered from the impact of travel restrictions amid the Omicron outbreak across China. Of note, Macau mass table GGR stands at only 14% of the pre-COVID base (or down ~60% QoQ), while the VIP rolling chip was even lower at ~4% (or down 76% QoQ). All things considered, the hold-adjusted EBITDA loss of ~$27m (including a ~$2m hold benefit) at City of Dreams Macau was a decent result. The good news, though, is that MLCO has further reduced its daily opex to $1.7m (down from ~$1.8m in Q1 2022 and ~$1.9m in Q4 2021), highlighting its flexibility on the cost side. Melco Results in the Philippines operation was better, as City of Dreams Manila saw a continued GGR recovery at >60% of pre-COVID levels (vs. ~54% in Q1 2022), matching key peer Bloomberry’s (OTC:BLBRF) quarterly performance. Key drivers include a solid increase in VIP volume and mass GGR, as the property continues to operate at full capacity. Benefiting from the government reducing the COVID alert to its lowest level, the revenue growth is flowing through the P&L as well, with EBITDA up ~31% QoQ to $46m. Similarly, the Cyprus operations reported EBITDA expansion to ~S$6m (vs. ~$1m in Q1 2022) on a GGR recovery back to pre-pandemic levels following the loosened travel restrictions since mid-April. Melco Cautious Guidance Maintained Amid Macau Uncertainty Understandably, MLCO’s commentary was cautious on the call. Thus far, the post-COVID lockdown recovery has been slower than expected in the last two weeks (though Macau’s GGR did improve over the period). While Q3 could be difficult, there are seasonal tailwinds in Q4, including the October Golden Week, which could add some cheer on a potential demand recovery. Still, management has lowered expectations, guiding that the process will still be slow and dependent on the outcome of the upcoming National Party Congress Meeting. Given the low visibility into a future demand recovery, the company is continuing to control what it can – this means an emphasis on cost control, with daily opex set to be even lower than the ~$1.7m run rate in Q2. Post-repurchase (~10m shares and ~25m ADRs), MLCO’s balance sheet is also as strong as ever, with a total liquidity of ~ $2.8bn (comprising ~ $1.65bn of cash and ~ $1.15bn from available facilities) as of quarter-end. The solid liquidity position and burn rate bodes well for the MLCO runway, while the normalization of City of Dreams Manila and Cyprus should offer additional support. Finally, the reduction of the overall budget of the Studio City Phase 2 project over the course of a smooth construction phase significantly alleviates the capex outlook, with only ~ $250m left to be incurred this year. Melco Auditor Change to Address the ADR Delisting OverhangRendement voor aandeelhouders
| MLCO | US Hospitality | US Markt | |
|---|---|---|---|
| 7D | -0.7% | 0.3% | -0.8% |
| 1Y | -38.8% | 0.2% | 20.5% |
Rendement versus industrie: MLCO presteerde slechter dan de US Hospitality -sector, die het afgelopen jaar een rendement van 0.2 % opleverde.
Rendement versus markt: MLCO presteerde slechter dan US Market, dat het afgelopen jaar een rendement van 20.5 % opleverde.
Prijsvolatiliteit
| MLCO volatility | |
|---|---|
| MLCO Average Weekly Movement | 4.9% |
| Hospitality Industry Average Movement | 6.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stabiele aandelenkoers: MLCO heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.
Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 5% ) van MLCO is het afgelopen jaar stabiel geweest.
Over het bedrijf
| Opgericht | Werknemers | CEO | Website |
|---|---|---|---|
| 2003 | 22,961 | Lawrence Ho | www.melco-resorts.com |
Melco Resorts & Entertainment Limited ontwikkelt, bezit en exploiteert casino gaming en resort faciliteiten in Macau, de Filippijnen, Cyprus en internationaal. Het is actief via de segmenten City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Middellandse Zeegebied en andere, Overige activiteiten en Corporate en overige. Het bedrijf is eigenaar en uitbater van City of Dreams, een geïntegreerd resort met speeltafels en speelautomaten, suites en villa's, eet- en drinkgelegenheden, winkels, een theater met een nat podium en recreatie- en vrijetijdsfaciliteiten, waaronder gezondheids- en fitnessclubs, zwembaden, spa's en salons en banket- en vergaderfaciliteiten in Cotai, Macau.
Melco Resorts & Entertainment Limited Samenvatting
| MLCO fundamentele statistieken | |
|---|---|
| Marktkapitalisatie | US$2.07b |
| Inkomsten(TTM) | US$234.81m |
| Inkomsten(TTM) | US$5.22b |
8.9x
Koers/Winstverhouding0.4x
P/S-verhoudingIs MLCO overgewaardeerd?
Zie Reële waarde en waarderingsanalyseInkomsten en omzet
| MLCO resultatenrekening (TTM) | |
|---|---|
| Inkomsten | US$5.22b |
| Kosten van inkomsten | US$3.23b |
| Brutowinst | US$1.99b |
| Overige uitgaven | US$1.76b |
| Inkomsten | US$234.81m |
Laatst gerapporteerde inkomsten
Jun 30, 2026
Volgende inkomensdatum
n.v.t.
| Winst per aandeel (EPS) | 0.62 |
| Brutomarge | 38.19% |
| Nettowinstmarge | 4.50% |
| Schuld/Eigen Vermogen Verhouding | -532.5% |
Hoe presteerde MLCO op de lange termijn?
Bekijk historische prestaties en vergelijkingBedrijfsanalyse en status van financiële gegevens
| Gegevens | Laatst bijgewerkt (UTC-tijd) |
|---|---|
| Bedrijfsanalyse | 2026/08/19 06:51 |
| Aandelenkoers aan het einde van de dag | 2026/08/19 00:00 |
| Inkomsten | 2026/06/30 |
| Jaarlijkse inkomsten | 2025/12/31 |
Gegevensbronnen
De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.
| Pakket | Gegevens | Tijdframe | Voorbeeld Amerikaanse bron * |
|---|---|---|---|
| Financiële gegevens bedrijf | 10 jaar |
| |
| Consensus schattingen analisten | +3 jaar |
|
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| Marktprijzen | 30 jaar |
| |
| Eigendom | 10 jaar |
| |
| Beheer | 10 jaar |
| |
| Belangrijkste ontwikkelingen | 10 jaar |
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* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.
Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.
Analysemodel en Snowflake
Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.
Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.
Industrie en sector
Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.
Bronnen van analisten
Melco Resorts & Entertainment Limited wordt gevolgd door 35 analisten. 12 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.
| Analist | Instelling |
|---|---|
| Phoebe Tse | Barclays |
| Vitaly Umansky | Bernstein |
| Karl Choi | BofA Global Research |