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Is this Large Market Cap Stock target price reasonable for MGM Resorts International (NYSE:MGM)?

The company in question is, MGM Resorts International (NYSE:MGM) currently with a stock price of 23.73 (-1.19% today). The market cap for MGM Resorts International is 13557.73, and is in the sector Services, and Resorts & Casinos industry. The target price for MGM Resorts International is 29.43. Currently MGM Resorts International is trading with a P/E of *TBA, and a forward P/E of 21.23. Average volume for MGM Resorts International is 6330.4 and so far today it is 3315957.

Performance in the last year for MGM Resorts International has been 35.73%. For EPS growth, MGM Resorts International has seen a growth of -170.10%, and is looking to grow in the next year to 56.87%. More long term stats show that EPS growth has been 23.70% over the last five years and could be 26.26% for the next five years. MGM Resorts International has seen sales growth quarter over quarter at -5.30%, with EPS growth quarter over quarter at -64.40%. The 20-day simple moving average is 1.81%, with the 200-day simple moving average coming to 9.21%.

Since the IPO date for MGM Resorts International on the 1/12/1990, MGM Resorts International has seen performance year to date to be 5.68%. With MGM Resorts International trading at 23.73, the dividend yield is *TBA, and the EPS is -0.98.

So could MGM Resorts International, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.5 and the P/B is at 2.61. The P/cash is 8.14, with P/free cash flow at *TBA.

MGM Resorts International ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 1.1. This is with long term debt/equity at 2.44, and total debt/equity at 2.49.

In terms of margins, MGM Resorts International has a gross margin of 39.60%, an operating margin of -2.60% and a profit margin of -6.10%.Payout ratio for MGM Resorts International is *TBA. Return on assets come to -2.10% with return on investment coming to -0.80%.

Insider ownership for MGM Resorts International, is at 0.20% and institutional ownership comes to 72.80%. Outstanding shares are at 564.67. While shares float is 472.39. The float short is currently 3.01%, and short ratio is 2.25.

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.

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Tony Dabbs

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