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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 14445.85. 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 25.26 (with a change from open of -1.17%), this in conjunction with a target price of 29.73. Volume today has so far reached 1991307, with an average volume of about 5631.62. The GAP for this stock, is 0.47%.

The P/E ratio is , bringing the forward P/E to a value of 22.3. 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 11.97%.

Looking further into the growth statistics for MGM Resorts International, EPS is looking like it will grow 69.54% 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 73.20%. Shares outstanding is 567.84, while shares float is at a value of 476.85. Float short for MGM Resorts International is 3.24% and the short ratio is 2.74.

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 . Price/Sales ratio is at a value of 1.61, with Price/book ratio coming to 2.6 and Price/cash is 5.77, and finally Price/Free cash Flow is .

The simple moving averages are 4.65% and 14.25% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -1.79% and the 52 week low is 56.12%.

MGM Resorts International has a dividend yield of , with a current price of 25.26. The ability to pay this means the payout ratio is . 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 2.75%, with performance for the month coming to 4.13%. Looking at the data for the quarter it is at a value of 3.37%, and for the half year the performance is 21.37%. Volatility for this week is 2.31% and for the month this is 1.86%.

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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