Melco Resorts & Entertainment Ltd ADR [NASDAQ: MLCO] gained 1.33% on the last trading session, reaching $5.33 price per share at the time.
If compared to the average trading volume of 3.95M shares, MLCO reached a trading volume of 3842552 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Melco Resorts & Entertainment Ltd ADR [MLCO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MLCO shares is $7.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MLCO stock is a recommendation set at 1.75. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Melco Resorts & Entertainment Ltd ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 03, 2025. While these analysts kept the previous recommendation, Citigroup raised their target price from $10 to $6. The new note on the price target was released on February 10, 2025, representing the official price target for Melco Resorts & Entertainment Ltd ADR stock. Previously, the target price had yet another drop from $9.60 to $7.50, while Morgan Stanley kept a Equal-Weight rating on MLCO stock. On July 18, 2024, analysts decreased their price target for MLCO shares from 10 to 7.
The Average True Range (ATR) for Melco Resorts & Entertainment Ltd ADR is set at 0.22, with the Price to Sales ratio for MLCO stock in the period of the last 12 months amounting to 0.48.
Trading performance analysis for MLCO stock
Melco Resorts & Entertainment Ltd ADR [MLCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.93. With this latest performance, MLCO shares dropped by -5.66% in over the last four-week period, additionally sinking by -31.58% over the last 6 months – not to mention a drop of -28.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MLCO stock in for the last two-week period is set at 41.37, with the RSI for the last a single of trading hit 38.68, and the three-weeks RSI is set at 43.17 for Melco Resorts & Entertainment Ltd ADR [MLCO]. The present Moving Average for the last 50 days of trading for this stock 5.64, while it was recorded at 5.31 for the last single week of trading, and 6.18 for the last 200 days.
Melco Resorts & Entertainment Ltd ADR [MLCO]: A deeper dive into fundamental analysis
Melco Resorts & Entertainment Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.20.
Melco Resorts & Entertainment Ltd ADR [MLCO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MLCO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Melco Resorts & Entertainment Ltd ADR go to 102.40%.
An analysis of Institutional ownership at Melco Resorts & Entertainment Ltd ADR [MLCO]
There are presently around $36.93%, or 36.93%% of MLCO stock, in the hands of institutional investors. The top three institutional holders of MLCO stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 31.12 million shares, which is approximately 2.357%. ARGA INVESTMENT MANAGEMENT, LP, holding 29.47 million shares of the stock with an approximate value of $$219.83 million in MLCO stocks shares; and ARGA INVESTMENT MANAGEMENT, LP, currently with $$52.54 million in MLCO stock with ownership which is approximately 1.6114%.
