Stock Updates

MGM Resorts International (NYSE: MGM) – Is this large market cap stock undervalued?

MGM Resorts International (NYSE: MGM), is firmly in the large market cap category with market cap of 14903.82. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for MGM Resorts International is 26.35 (with a change from open of 2.65%), this in conjunction with a target price of 29.73. Volume today has so far reached 6874100, with an average volume of about 5142.32. The GAP for this stock, is 0.39%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 23.22. The current EPS for MGM Resorts International, is -0.32, with a EPS growth for this year coming to a value of -170.10%. Performance has been interesting with performance year to date coming to 15.98%.

Looking further into the growth statistics for MGM Resorts International, EPS is looking like it will grow 68.90% in the next year. Looking even further it is projected to be 10.00%. Quarter over quarter is 386.20% for EPS growth and for sales growth quarter over quarter it is -4.80%. Looking at past EPS growth statistics we see that for the past five years it has been 23.70%. Sales growth for the past five years has in fact been 8.70%.

Looking at the ownership, we see that the insider ownership is at 15.50% and institutional ownership is 73.30%. Shares outstanding is 565.61, while shares float is at a value of 476.85. Float short for MGM Resorts International is 3.24% and the short ratio is 3.

In terms of debt, long term debt/equity is 2.23, while the total debt/equity comes to 2.23. The ability to meet these debts, means that the current ratio is 1.7, and the quick ratio is 1.6. The most recent gross margin is 40.40% and their operating margin is 2.10%. The profit margin is -1.90%.

MGM Resorts International has seen returns on assets of -0.70%, and on investment, -0.80%. Return on equity is -3.20%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 1.66, with Price/book ratio coming to 2.69 and Price/cash is 5.95, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 7.82% and 18.63% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is 1.89% and the 52 week low is 62.86%.

MGM Resorts International has a dividend yield of *TBA, with a current price of 26.35. The ability to pay this means the payout ratio is *TBA. This is in an industry, Resorts & Casinos, with equally high dividends from other companies in this sector, which it is Services. MGM Resorts International is based in USA.

Performance in the Resorts & Casinos industry means that MGM Resorts International has seen performance for the past week of 5.06%, with performance for the month coming to 10.90%. Looking at the data for the quarter it is at a value of 15.88%, and for the half year the performance is 48.37%. Volatility for this week is 2.01% and for the month this is 2.02%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment