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NASDAQ: MLCO
Melco Resorts & Entertainment Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MLCO

Based on 1 analyst offering 12 month price targets for Melco Resorts & Entertainment Ltd.
Min Forecast
$10.00-9.75%
Avg Forecast
$10.00-9.75%
Max Forecast
$10.00-9.75%

Should I buy or sell MLCO stock?

Based on 1 analyst offering ratings for Melco Resorts & Entertainment Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MLCO stock forecasts and price targets.

MLCO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 23%
78
Strong BuyUpgrades$10.00-9.75%2022-11-28Find out why

1 of 1

Forecast return on equity

Is MLCO forecast to generate an efficient return?
Company
-137.74%
Industry
24.32%
Market
13.12%
MLCO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MLCO forecast to generate an efficient return on assets?
Company
17.35%
Industry
5.62%
MLCO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MLCO revenue growth forecast

How is MLCO forecast to perform vs Resorts & Casinos companies and vs the US market?
Company
81.79%
Industry
22.19%
Market
17.3%
MLCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MLCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MLCO vs Casino Stocks

TickerPricePrice TargetUp/downsideConsensus
MLCO$11.08$10.00-9.75%Strong Buy
HGV$45.11$63.80+41.43%Buy
RRR$45.63$54.00+18.34%Strong Buy
VAC$125.56$195.80+55.94%Strong Buy
PENN$25.64$36.62+42.80%Buy
View Top Casino Stocks

Melco Resorts & Entertainment Stock Forecast FAQ

Is Melco Resorts & Entertainment Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MLCO) stock is to Strong Buy MLCO stock.

Out of 1 analyst, 1 (100%) are recommending MLCO as a Strong Buy, 0 (0%) are recommending MLCO as a Buy, 0 (0%) are recommending MLCO as a Hold, 0 (0%) are recommending MLCO as a Sell, and 0 (0%) are recommending MLCO as a Strong Sell.

If you're new to stock investing, here's how to buy Melco Resorts & Entertainment stock.

What is MLCO's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: MLCO) forecast ROE is -137.74%, which is considered weak.

What is MLCO's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MLCO price target, the average MLCO price target is $10.00, with the highest MLCO stock price forecast at $10.00 and the lowest MLCO stock price forecast at $10.00.

The Wall Street analyst predicted that Melco Resorts & Entertainment's share price could fall to $10.00 by Nov 28, 2023. The average Melco Resorts & Entertainment stock price prediction forecasts a potential downside of 9.75% from the current MLCO share price of $11.08.

What is MLCO's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: MLCO) forecast ROA is 17.35%, which is higher than the forecast US Resorts & Casinos industry average of 5.62%.
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