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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 24.72 (0.57% today). The market cap for MGM Resorts International is 14021.93, and is in the sector Services, and Resorts & Casinos industry. The target price for MGM Resorts International is 29.67. Currently MGM Resorts International is trading with a P/E of *TBA, and a forward P/E of 22.74. Average volume for MGM Resorts International is 6062.55 and so far today it is 3476300.

Performance in the last year for MGM Resorts International has been 20.70%. For EPS growth, MGM Resorts International has seen a growth of -170.10%, and is looking to grow in the next year to 46.30%. More long term stats show that EPS growth has been 23.70% over the last five years and could be 10.00% for the next five years. MGM Resorts International has seen sales growth quarter over quarter at -4.80%, with EPS growth quarter over quarter at 386.20%. The 20-day simple moving average is 4.39%, with the 200-day simple moving average coming to 12.34%.

Since the IPO date for MGM Resorts International on the 1/12/1990, MGM Resorts International has seen performance year to date to be 8.80%. With MGM Resorts International trading at 24.72, the dividend yield is *TBA, and the EPS is -0.32.

So could MGM Resorts International, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.57 and the P/B is at 2.53. The P/cash is 5.6, with P/free cash flow at *TBA.

MGM Resorts International ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1.6. This is with long term debt/equity at 2.23, and total debt/equity at 2.23.

In terms of margins, MGM Resorts International has a gross margin of 40.40%, an operating margin of 2.10% and a profit margin of -1.90%.Payout ratio for MGM Resorts International is *TBA. Return on assets come to -0.70% with return on investment coming to -0.80%.

Insider ownership for MGM Resorts International, is at 0.20% and institutional ownership comes to 73.20%. Outstanding shares are at 567.23. While shares float is 472.85. The float short is currently 3.43%, and short ratio is 2.67.

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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Mark Hines

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