Broker recommendations for Melco Resorts & Entertainment
The Melco Resorts & Entertainment stock is rated at 1.263158 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 20 October, 2020 by a total of 19 brokers. This means that the consensus of the 19 different brokers is leaning toward to buy/moderate buy.
Sell
0 (0%) Underweight
1 (5.26%) Hold
3 (15.79%) Overweight
1 (5.26%) Buy
14 (73.68%)
Price target by analysts
The 17 latest analyst estimates, per Monday 19 October, 2020, show the following high, low and average price targets.
Target Average: 21.78 USD
Target High: 35 USD
Target Low: 15.84 USD
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Expected to Post Earnings of -$0.91 Per Share
Thursday, 22 October 2020, 21:05:14
Wall Street brokerages expect Melco Resorts & Entertainment Limited (NASDAQ:MLCO) to post earnings of ($0.91) per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Melco Resorts & Entertainment’s earnings. The highest EPS estimate is ($0.72) and the lowest is ($1.10). Melco Resorts & Entertainment reported earnings per share of […]
— The Olympia Report
Brokerages Expect Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Will Post Quarterly Sales of $299.78 Million
Thursday, 22 October 2020, 20:30:44
Wall Street analysts expect Melco Resorts & Entertainment Limited (NASDAQ:MLCO) to post $299.78 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Melco Resorts & Entertainment’s earnings, with the highest sales estimate coming in at $340.50 million and the lowest estimate coming in at $259.05 million. […]
— The Olympia Report
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Sees Large Drop in Short Interest
Tuesday, 20 October 2020, 20:46:44
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 2,710,000 shares, a decline of 14.0% from the September 15th total of 3,150,000 shares. Based on an average daily trading volume, of 3,320,000 shares, the […]
— Transcript Daily
Melco Resorts pins casino recovery hopes on premium mass gamblers – CalvinAyre.com
Thursday, 20 August 2020, 23:43:17
Melco Resorts & Entertainment loses $368m in Q2 as Macau casinos struggle post-shutdown and its Manila casino remains shut.
— CalvinAyre.com
Jon Najarian Sees Unusual Options Activity In Melco And Raytheon
Tuesday, 11 August 2020, 21:07:44
On CNBC’s “Fast Money Halftime Report,” Jon Najarian spoke about unusually high options activity in Melco Resorts & Entertainment Ltd (NASDAQ: MLCO ). This was the second day in a row with … Full story available on Benzinga.com
— Benzinga
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