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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 23.1 (-0.28% today). The market cap for MGM Resorts International is 13066.49, and is in the sector Services, and Resorts & Casinos industry. The target price for MGM Resorts International is 29.07. Currently MGM Resorts International is trading with a P/E of *TBA, and a forward P/E of 19.67. Average volume for MGM Resorts International is 6252.14 and so far today it is 2358994.

Performance in the last year for MGM Resorts International has been 25.11%. For EPS growth, MGM Resorts International has seen a growth of -170.10%, and is looking to grow in the next year to 50.83%. 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 -0.42%, with the 200-day simple moving average coming to 6.56%.

Since the IPO date for MGM Resorts International on the 1/12/1990, MGM Resorts International has seen performance year to date to be 1.98%. With MGM Resorts International trading at 23.1, 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 1.44 and the P/B is at 2.52. The P/cash is 7.85, 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 72.70%. Outstanding shares are at 563.94. While shares float is 472.39. The float short is currently 3.01%, and short ratio is 2.28.

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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Peter Clarke

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