How to Buy Melco Resorts & Entertainment Stock
Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe.
Melco Resorts & Entertainment stock last closed at $5.10, up 0% from the previous day, and has decreased 19.18% in one year. It has overperformed other stocks in the Resorts & Casinos industry by 0.01 percentage points. Melco Resorts & Entertainment stock is currently +12.09% from its 52-week low of $4.55, and -42.7% from its 52-week high of $8.90.
At the moment, there are 1.28B MLCO shares outstanding. The market capitalization of MLCO is $2.17B. In the past 24 hours, 3.47M MLCO shares were traded.
How to Buy Melco Resorts & Entertainment Stock
Not sure how to invest in Melco Resorts & Entertainment stock? Here's how.
- Decide where to buy Melco Resorts & Entertainment stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Melco Resorts & Entertainment stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Analyze Melco Resorts & Entertainment stock: The Melco Resorts & Entertainment ticker symbol is MLCO. Is Melco Resorts & Entertainment stock a good investment? Should you buy shares of MLCO? How do MLCO's underlying business fundamentals look? Do top analysts think Melco Resorts & Entertainment is a good buy? Why has MLCO's stock price moved recently? (Hint: Our stock research website can help you evaluate if MLCO is a good stock to buy).
- Make your MLCO buy order: Decide if you will purchase MLCO shares at the current market price or use a limit order to purchase MLCO stock at a given price.
- Keep an eye on your MLCO investment: Create a watchlist to the latest updates on your position in Melco Resorts & Entertainment stock.
Step 1: Decide where to buy Melco Resorts & Entertainment stock
You need an online brokerage account in order to access the NASDAQ market and buy MLCO shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy MLCO today.
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Step 3: Fund your brokerage account
Now that you've opened your account on the best stock app to use, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing funds into your investment account.
Step 4: Analyze Melco Resorts & Entertainment stock
Once you have selected the best place to buy Melco Resorts & Entertainment stock, it's very important to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Melco Resorts & Entertainment stock data
MLCO Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on MLCO's stock page.
Is MLCO stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MLCO's fair value.
Using relative valuations ratios:
- MLCO could be overvalued based on its P/E ratio of 50x, relative to Resorts & Casinos industry P/E ratio of 16.5x
- MLCO could be undervalued based on its PEG ratio of 0.72x
You can access more valuation research on MLCO's stock here.
MLCO Financials at a glance
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the MLCO balance sheet.
- MLCO profit margin has gone up from -8.7% to 0.9% in the past year.
Negative Financial Indicators:
- MLCO earnings of $551.87M is not enough to cover its interest payments.
- Total MLCO debt is still negative.
- MLCO debt to equity ratio of -6.73 is negative.
- There are more long-term liabilities than short-term assets on the MLCO balance sheet.
- MLCO's operating cash flow of $626.66M allows it to safely service it's debt of $7.46B.
Do analysts think it's a good time to buy Melco Resorts & Entertainment stock
Out of 3 sell side analysts who give recommendations on MLCO, the consensus analyst rating on MLCO is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Melco Resorts & Entertainment stock forecast page.
Metrics for Advanced MLCO Traders
MLCO Growth Metrics
Last year, MLCO earnings were $43.54M. Over the past 5 year, MLCO's earnings have gone up by -33.44% per year. This was slower than the Resorts & Casinos industry average of -2.89%.
Last year, MLCO revenue was $4.64B. During the past 5 year, MLCO's revenue has grown by -4.16% per year. This was slower than the Resorts & Casinos industry average of 6.58%.
Find out more about MLCO's earnings and revenue performance here.
Latest Insiders Trades at MLCO
In the last 12 months, insiders at MLCO have not bought or sold any shares.
Get more info about who owns MLCO stock here.
Can I get consistent income from MLCO stock?
No, Melco Resorts & Entertainment doesn't provide an income stream by paying out dividends.
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Step 5: Make your MLCO buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Press the Open button and your broker will execute your order.
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Step 6: Keep an eye on your MLCO investment
Now that you own some shares in MLCO, you'll want to stay up-to-date on your shares.
Create a watchlist to get notified of important updates regarding your MLCO stock.
MLCO Feed
How to Buy Stock in Melco Resorts & Entertainment
To summarize, here are the 6 steps to buy Melco Resorts & Entertainment stock:
- Decide where to buy Melco Resorts & Entertainment stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Melco Resorts & Entertainment stock
- Make your MLCO buy order
- Keep an eye on your MLCO investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Melco Resorts & Entertainment, add MLCO to your watchlist by clicking the button below.
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