Melco Resorts & Entertainment (MLCO) Stock Forecast for 2024–2028. Sell or Buy Prediction







Maximizing Profits: When is the Right Time to Sell Your Business?

April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?

Selling a business can be a momentous decision filled with many considerations and uncertainties. As an entrepreneur, this also symbolizes your years of…
Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…

Melco Resorts & Entertainment (MLCO) Stock Forecast for 2024–2028. Sell or Buy?

Updated: June 23, 2024 (23:04)

Sector: Consumer cyclical

The share price of Melco Resorts & Entertainment Limited (MLCO) now

Latest session on the 21st of June for
Melco Resorts & Entertainment Limited is positive
Trading Volume: 1339061
Open: 7.74 /  High: 7.985 /  Low: 7.69
What analysts predict: $10.59
52-week High/Low: $13.91 / $6.1

50/200 Day Moving Average: $7.56 / $8.11

This figure corresponds to the Average Price over the previous 50/200 days. For Melco Resorts & Entertainment stocks, the 50-day moving average is the support level today.

For Melco Resorts & Entertainment stocks, the 200-day moving average is the resistance level today.

Are you interested in Melco Resorts & Entertainment Limited stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Melco Resorts & Entertainment stock price in 2024, 2025, 2026, 2027, 2028. How much will one Melco Resorts & Entertainment share be worth in 2024 - 2028?

When should I take profit in Melco Resorts & Entertainment stock? When should I record a loss on Melco Resorts & Entertainment stock? What are analysts' forecasts for Melco Resorts & Entertainment stock? What is the future of Melco Resorts & Entertainment stock? We forecast Melco Resorts & Entertainment stock performance using neural networks based on historical data on Melco Resorts & Entertainment stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Melco Resorts & Entertainment stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Melco Resorts & Entertainment shares. This happens once a day.


Historical and forecast chart of Melco Resorts & Entertainment stock

The chart below shows the historical price of Melco Resorts & Entertainment stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Melco Resorts & Entertainment stock price can be found in the table below.

Long-term forecasts by years.

Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated entertainment resorts and casinos in Asia and Europe. The Hong Kong-based company is listed on the NASDAQ.
Originally known as Melco Crown Entertainment (Melco Crown or MPEL), Melco Resorts was founded in 2004 as a joint venture between Melco International and Crown Limited. Melco Crown became Melco Resorts & Entertainment in May 2017 and currently operates as a subsidiary of Melco International. Melco Resorts owns a number of integrated casino resorts, having launched Altira Macau in 2007, City of Dreams Macau in 2009, City of Dreams Manila in 2015 and Studio City Macau in 2015. It also manages the Mocha Clubs slot brand and is in the process of building the City of Dreams Mediterranean resort in Cyprus, which will be the largest casino resort in Europe. Other projects under construction include an onsen spa and a ski resort in Japan.

Melco Resorts & Entertainment daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 25 7.84 7.75 8.00 3.28
Jun 26 7.97 7.75 8.08 4.24
Jun 27 7.65 7.59 7.78 2.58
Jun 28 7.45 7.36 7.58 3.04
Jun 29 7.31 7.18 7.53 4.85
Jun 30 7.26 7.05 7.44 5.56
Jul 01 7.12 6.99 7.30 4.44
Jul 02 7.04 6.96 7.18 3.07
Jul 03 7.26 7.09 7.45 5.12
Jul 04 7.13 6.99 7.33 4.81
Jul 05 7.23 7.14 7.43 3.92
Jul 06 7.26 7.20 7.44 3.31
Jul 07 7.24 7.18 7.40 3.06
Jul 08 7.49 7.41 7.71 4.13
Jul 09 7.43 7.30 7.57 3.58
Jul 10 7.53 7.46 7.71 3.39
Jul 11 7.50 7.39 7.71 4.35
Jul 12 7.66 7.58 7.87 3.76
Jul 13 7.45 7.28 7.58 4.09
Jul 14 7.18 7.11 7.30 2.71
Jul 15 7.06 6.87 7.28 6.00
Jul 16 7.07 6.86 7.14 3.96
Jul 17 7.01 6.85 7.14 4.13
Jul 18 6.91 6.71 7.08 5.43
Jul 19 7.04 6.97 7.19 3.23
Jul 20 6.90 6.68 7.09 6.15
Jul 21 6.63 6.51 6.76 3.87
Jul 22 6.55 6.37 6.61 3.70
Jul 23 6.33 6.17 6.40 3.73
Jul 24 6.11 5.94 6.27 5.47

Melco Resorts & Entertainment Daily Price Targets


Melco Resorts & Entertainment Stock Forecast 06-25-2024.

Forecast target price for 06-25-2024: $7.84.
Negative dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 3.176%.
Pessimistic target level: 7.75
Optimistic target level: 8.00

Melco Resorts & Entertainment Stock Forecast 06-26-2024.

Forecast target price for 06-26-2024: $7.97.
Positive dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 4.066%.
Pessimistic target level: 7.75
Optimistic target level: 8.08

Melco Resorts & Entertainment Stock Forecast 06-27-2024.

Forecast target price for 06-27-2024: $7.65.
Negative dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 2.518%.
Pessimistic target level: 7.59
Optimistic target level: 7.78

Melco Resorts & Entertainment Stock Forecast 06-28-2024.

Forecast target price for 06-28-2024: $7.45.
Negative dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 2.948%.
Pessimistic target level: 7.36
Optimistic target level: 7.58

Melco Resorts & Entertainment Stock Forecast 06-29-2024.

Forecast target price for 06-29-2024: $7.31.
Negative dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 4.627%.
Pessimistic target level: 7.18
Optimistic target level: 7.53

Melco Resorts & Entertainment Stock Forecast 06-30-2024.

Forecast target price for 06-30-2024: $7.26.
Negative dynamics for Melco Resorts & Entertainment shares will prevail with possible volatility of 5.271%.
Pessimistic target level: 7.05
Optimistic target level: 7.44

MLCO (MLCO) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 8.20 7.90 8.43 6.30
Aug. 9.08 8.67 9.51 8.83
Sep. 8.91 8.31 9.52 12.69
Oct. 8.87 8.51 9.30 8.46
Nov. 9.05 8.68 9.62 9.82
Dec. 9.76 8.98 10.11 11.24

Melco Resorts & Entertainment forecast for this year


Melco Resorts & Entertainment Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $8.19726. Pessimistic: $7.90. Optimistic: $8.43


Melco Resorts & Entertainment Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $9.08256. Pessimistic: $8.67. Optimistic: $9.51


Melco Resorts & Entertainment Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $8.90817. Pessimistic: $8.31. Optimistic: $9.52


Melco Resorts & Entertainment Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $8.86542. Pessimistic: $8.51. Optimistic: $9.30


Melco Resorts & Entertainment Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $9.04627. Pessimistic: $8.68. Optimistic: $9.62


Melco Resorts & Entertainment Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $9.76273. Pessimistic: $8.98. Optimistic: $10.11



Melco Resorts & Entertainment (MLCO) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 10.70 10.06 11.33 11.22
Feb 10.21 9.94 11.16 10.87
Mar 10.63 10.18 11.23 9.31
Apr 9.65 9.10 9.94 8.39
May 9.45 8.61 10.10 14.71
Jun 9.12 8.42 9.48 11.20
Jul 9.83 9.21 10.73 14.19
Aug 9.99 9.63 10.78 10.67
Sep 10.97 10.35 11.57 10.58
Oct 10.48 9.98 11.19 10.79
Nov 10.07 9.11 10.82 15.75
Dec 10.69 10.28 11.31 9.08

Melco Resorts & Entertainment (MLCO) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 10.45 10.15 11.33 10.41
Feb 10.51 9.63 11.28 14.65
Mar 9.64 9.37 10.22 8.38
Apr 9.84 9.13 10.71 14.77
May 10.02 9.27 10.88 14.80
Jun 11.21 10.17 11.73 13.30
Jul 10.87 9.84 11.76 16.31
Aug 11.72 10.79 12.79 15.62
Sep 11.96 11.38 13.02 12.56
Oct 10.62 10.25 11.55 11.25
Nov 9.90 9.45 10.64 11.27
Dec 9.86 9.47 10.56 10.31

Melco Resorts & Entertainment (MLCO) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 9.10 8.60 9.37 8.16
Feb 9.05 8.67 9.79 11.43
Mar 9.85 9.30 10.76 13.62
Apr 10.01 9.55 10.28 7.12
May 10.82 10.33 11.28 8.41
Jun 10.38 9.80 11.14 12.08
Jul 10.88 10.53 11.68 9.84
Aug 10.34 10.00 11.01 9.24
Sep 10.82 9.87 11.24 12.24
Oct 10.66 10.12 10.92 7.27
Nov 11.30 10.76 11.91 9.68
Dec 11.65 11.04 12.63 12.62

Melco Resorts & Entertainment (MLCO) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 12.16 11.69 13.29 12.07
Feb 11.73 10.85 12.69 14.53
Mar 11.21 10.19 12.17 16.26
Apr 12.40 11.53 12.99 11.22
May 13.82 12.63 14.35 12.02
Jun 14.49 14.02 15.32 8.51
Jul 15.13 14.62 16.53 11.53
Aug 14.22 13.32 15.52 14.19
Sep 14.63 13.42 15.56 13.76
Oct 14.12 13.43 14.55 7.69
Nov 13.77 12.66 14.10 10.19
Dec 14.18 13.57 15.05 9.84

Melco Resorts & Entertainment information and performance

Melco Resorts & Entertainment Address

36TH FLOOR, THE CENTRIUM., 60 WYNDHAM STREET, CENTRAL, HONG KONG., HK

Market Capitalization: 3 470 494 000 $

Market capitalization of the Melco Resorts & Entertainment Limited is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MLCO shares in the company outstanding by the market price of one share.

EBITDA: 946 322 000 $

EBITDA of Melco Resorts & Entertainment is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 7.52

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.53

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 7.8
Quarterly Revenue Growth YOY: 0.553
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 23.98

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.528

Enterprise Value (EV) /Revenue

EV To EBITDA: 15.06

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 437090000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Melco Resorts & Entertainment (MLCO) stock dividend

Melco Resorts & Entertainment last paid dividends on 02/28/2020. The next scheduled payment will be on 03/12/2020. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




Related stocks from Consumer cyclical sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.