Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) does about 4.31M shares in volume on a normal day but saw 3050685 shares change hands in the recent trading day. The company now has a market cap of 2.58B USD. Its current market price is $6.28, marking no change compared to the previous close of $6.28. The 52 week high reached by this stock is $8.90 whilst the lowest price level in 52 weeks is $4.55. The script in recent trading has seen the stock touch a high of $11.5 and a low of $9.2.
6 analysts observing the Melco Resorts & Entertainment Ltd ADR (MLCO) stock have set the 12-month price targets for the company’s shares at between $9.2 and $11.5. The consensus objective for the share price is $7.09, suggesting that the stock has a potential upside of 11.42% over the period. The median price target is 37.2% away from the current levels at $10.
FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 6 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 30, 2025 when UBS downgraded the stock to “Sell” and issued a price target of $4.60. Citigroup upgraded the stock to “Buy” from Neutral on April 10, 2025 at a price target of $6.25. Morgan Stanley upgraded its price target at $7.50-$6.70.
The current price level is 2.31%, 14.01%, and 5.03% away from its SMA20, SMA50, and SMA200 respectively, with the MLCO price moving below the 50-day SMA on current market day. Melco Resorts & Entertainment Ltd ADR (MLCO) stock is up 2.78% over the week and 24.85% over the past month. Its price is 8.46% year-to-date and -21.89% over the past year.
Its 12-month price target is $10. To reach the target analysts have set, the stock logically needs to grow 11.42 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $9.2, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $11.5.
Outstanding shares total 411.20M with insiders holding 0.00% of the shares and institutional holders owning 35.90% of the company’s common stock. The company has a return on investment of 1.01%. The price to earnings ratio (P/E ratio) amounts to 44.48 while the forward price to earnings ratio is 12.64. The beta has a value of 0.78. Price to sales ratio is 0.54.
