Melco Resorts & Entertainment Ltd - ADR Shares Close the Day 16.6% Higher - Daily Wrap
The company saw its shares close the day 16.6% higher than yesterday, with trading volume higher than its 30 day average.
Jan 15, 2022 by Kwhen Finance Editors
Melco Resorts & Entertainment Ltd - ADR (MLCO) shares closed today 16.6% higher than it did at the end of yesterday. The stock is currently up 9.0% year-to-date, down 34.3% over the past 12 months, and down 30.2% over the past five years. Today, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 rose 0.0%.
Trading Activity
- Shares traded as high as $11.18 and as low as $8.99 this week.
- Shares closed 53.1% below its 52-week high and 25.1% above its 52-week low.
- Trading volume this week was 43.3% lower than the 10-day average and 18.1% lower than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.2.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
- The stock closed at 12.9% higher than its 5-day moving average, 11.6% higher than its 20-day moving average, and 4.6% higher than its 90-day moving average.
Fundamentals & Catalysts
- Over the past 12 months the company generated $-1,277,612,000 in earnings before interest and taxes from $-2,861,522,000 in revenue. It currently holds $1 billion in cash and $960 million in debt.
- Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -2.90, implying that analysts are expecting a decrease in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.01. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 10.24 which means it currently has $10.24 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 9.53. This means that the stock is trading at a premium of 10 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at -2.88.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at -4.49.
P/E
-2.90
EBITDA
$-1,277,612,000
P/Book
9.53
Mkt Cap
$5B
P/Sales
-2.88
Revenue
$-2,861,522,000
EPS (TTM)
-3.82
PEG Ratio
0.01
EV/Revenue
-4.49
Total Cash
$1B
Debt/Equity
10.24
Forward P/E
0.00
Current Debt
$960M
Gross Profit
$-1,513,887,000
Dividend Date
-
Earnings Date
2022-02-24
Profit Margin
0.68
Revenue/Share
-5.98
Total Revenue
$-2,861,522,000
Enterprise Val
$12B
Put/Call Ratio
0.00
Revenue/Employee
0.00
Market Comparative Performance
- The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Melco Resorts & Entertainment Ltd - ADR | 16.6 | 9.0 | -34.3 | -55.5 | 18.6 |
| Dow Jones Industrial Average | -0.6 | -0.6 | 18.2 | -3.1 | 22.0 |
| S&P 500 Index | 0.0 | -2.2 | 23.9 | -3.9 | 26.9 |
| Technology Industry | -2.5 | 16.9 | -62.2 | -64.1 | 26.0 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -14883.4%
- The company's stock price performance over the past 12 months lags the peer average by 225.1%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Melco Resorts & Entertainment Ltd - ADR | MLCO | -2.9 | 9.0 | -34.3 | -55.5 | 18.6 |
| Peer Avg | N/A | 11.1 | -0.1 | -10.5 | -52.6 | 41.7 |
| Penn National Gaming, Inc. | PENN | 20.0 | -11.8 | -56.1 | -67.7 | 5.9 |
| Melco Resorts & Entertainment Ltd - ADR | MLCO | -2.9 | 9.0 | -34.3 | -55.5 | 18.6 |
| Red Rock Resorts Inc - Class A | RRR | 27.1 | -11.9 | 101.9 | -11.5 | 128.0 |
| Studio City International Holdings Ltd - ADR | MSC | 0 | 14.4 | -53.6 | -76.0 | 14.4 |
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