6.34

0.48% +0.03

Melco Resorts & Entertainment Ltd ADR (MLCO)

Overview News Price History Option Chain Why MLCO Down? Discussions Forecast Dividend History

Melco Resorts & Entertainment Ltd ADR stock is currently priced at $6.34, with a 24-hour trading volume of 2.88M. It has seen a +0.48% increased in the last 24 hours and a -10.58% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $6.29 pivot point. If it approaches the $6.41 resistance level, significant changes may occur.

Previous Close:

$6.31

Open:

$6.34

24h Volume:

2.88M

Market Cap:

$2.81B

Revenue:

$3.78B

Net Income/Loss:

$-326.92M

P/E Ratio:

-4.7598

EPS:

-1.332

Net Cash Flow:

$-716.49M

1W Performance:

+3.09%

1M Performance:

-10.58%

6M Performance:

-24.34%

1Y Performance:

-50.93%

1D Range:

$6.29

$6.53

52W Range:

$6.102

$14.00

Melco Resorts & Entertainment Ltd ADR Stock (MLCO) Company Profile

Name

Melco Resorts & Entertainment Ltd ADR

Sector

Consumer Cyclical (567)

Industry

Resorts & Casinos (20)

Phone

852 2598 3600

Address

The Centrium, 36th Floor 60 Wyndham Street, Central

Employee

19,609

Twitter

@MelcoResorts

Next Earnings Date

2024-04-30

Latest SEC Filings

MLCO's Discussions on Twitter

Melco Resorts & Entertainment Ltd ADR Stock (MLCO) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Dec-15-23	Initiated	Susquehanna	Positive
Jul-18-23	Initiated	Macquarie	Outperform
Jun-28-23	Downgrade	BofA Securities	Buy → Neutral
Jun-20-23	Upgrade	Credit Suisse	Neutral → Outperform
Nov-28-22	Upgrade	JP Morgan	Neutral → Overweight
Oct-18-22	Downgrade	Credit Suisse	Outperform → Neutral
Oct-17-22	Downgrade	Credit Suisse	Outperform → Neutral
May-06-22	Upgrade	CLSA	Outperform → Buy
Dec-14-21	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Sep-16-21	Downgrade	JP Morgan	Overweight → Neutral
Jul-28-21	Upgrade	HSBC Securities	Hold → Buy
Jul-15-21	Downgrade	HSBC Securities	Buy → Hold
Jul-14-21	Upgrade	CLSA	Outperform → Buy
May-24-21	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Feb-25-21	Upgrade	CLSA	Underperform → Outperform
Jan-19-21	Downgrade	Credit Suisse	Neutral → Underperform
Jan-07-21	Downgrade	Macquarie	Outperform → Neutral
Sep-21-20	Downgrade	Credit Suisse	Outperform → Neutral
Jul-30-19	Upgrade	Daiwa Securities	Outperform → Buy
Jul-24-19	Upgrade	CLSA	Outperform → Buy
May-08-19	Downgrade	Wolfe Research	Outperform → Peer Perform
Apr-08-19	Initiated	Macquarie	Outperform
Feb-19-19	Upgrade	CLSA	Underperform → Outperform
Jan-23-19	Initiated	Daiwa Securities	Outperform
Jan-03-19	Upgrade	CLSA	Sell → Underperform
Dec-12-18	Resumed	Credit Suisse	Outperform
Feb-26-18	Initiated	CLSA	Outperform
Feb-05-18	Upgrade	Goldman	Neutral → Buy
Dec-19-17	Upgrade	JP Morgan	Neutral → Overweight
Nov-01-17	Initiated	ROTH Capital	Buy
Sep-19-17	Upgrade	Nomura	Neutral → Buy

View All

Melco Resorts & Entertainment Ltd ADR Stock (MLCO) Latest News

Melco reaffirms commitment to sustainability in 2023 RISE to go Above & Beyond report

GlobeNewswire Inc.

Melco leads Macau with the greatest number of stars attained in MICHELIN Guide Hong Kong & Macau 2024

GlobeNewswire Inc.

Here's What Key Metrics Tell Us About Melco (MLCO) Q4 Earnings

Zacks Investment Research

Melco Resorts & Entertainment Ltd ADR Stock (MLCO) Financials Data

Melco Resorts & Entertainment Ltd ADR (MLCO) Revenue 2024

MLCO reported a revenue (TTM) of $3.78 billion for the quarter ending December 31, 2023, a +179.65% rise year-over-year.

Melco Resorts & Entertainment Ltd ADR (MLCO) Net Income 2024

MLCO net income (TTM) was -$326.92 million for the quarter ending December 31, 2023, a +64.87% increase year-over-year.

Melco Resorts & Entertainment Ltd ADR (MLCO) Cash Flow 2024

MLCO recorded a free cash flow (TTM) of -$716.49 million for the quarter ending March 31, 2020.

Melco Resorts & Entertainment Ltd ADR (MLCO) Earnings per Share 2024

MLCO earnings per share (TTM) was -$0.63 for the quarter ending December 31, 2023, a +68.70% growth year-over-year.

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has approximately 475 gaming tables and approximately 670 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 25 restaurants and bars, and 95 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 100 gaming tables and 119 gaming machines; 215 hotel rooms; various fine dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically-themed integrated entertainment, retail, and gaming resort that comprises 290 gaming tables and 970 gaming machines in Cotai, Macau. Further, the company owns and operates 8 Mocha Clubs with 1,319 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, a casino, hotel, retail, and entertainment integrated resort in the Entertainment City complex in Manila. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. Melco Resorts & Entertainment Limited was incorporated in 2004 and is based in Central, Hong Kong. As of February 16, 2017, Melco Resorts & Entertainment Limited operates as a subsidiary of Melco Leisure and Entertainment Group Limited.