MGM Resorts International -- The Essentials

By Blake Campbell • Tuesday, September 12 10:45 • Permanent Link

MGM Resorts International logged a 0.2% change during today's morning session, and is now trading at a price of $42.79 per share. The S&P 500 index moved -0.0%. MGM's trading volume is 781,438 compared to the stock's average volume of 4,448,987.

MGM Resorts International trades -25.9% away from its average analyst target price of $57.75 per share. The 14 analysts following the stock have set target prices ranging from $45.0 to $69.0, and on average have given MGM Resorts International a rating of buy.

Anyone interested in buying MGM should be aware of the facts below:

MGM Resorts International's current price is 32.4% above its Graham number of $32.31, which implies that at its current valuation it does not offer a margin of safety
MGM Resorts International has moved 26.0% over the last year, and the S&P 500 logged a change of 15.0%
Based on its trailing earnings per share of 1.27, MGM Resorts International has a trailing 12 month Price to Earnings (P/E) ratio of 33.7 while the S&P 500 average is 15.97
MGM has a forward P/E ratio of 16.6 based on its forward 12 month price to earnings (EPS) of $2.58 per share
The company has a price to earnings growth (PEG) ratio of -0.06 — a number near or below 1 signifying that MGM Resorts International is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 3.42 compared to its sector average of 3.12
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau.
Based in Las Vegas, the company has 57,000 full time employees and a market cap of $15.01 Billion. MGM Resorts International currently returns an annual dividend yield of 0.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.