Shares of Large-cap consumer discretionary company MGM Resorts International moved -1.9 this evening, and are now trading at $36.44 per share. On the other hand, the average analyst target price for the stock is $57.23.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau.
MGM Resorts International Investors Should Consider This:
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MGM Resorts International has moved 19.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of -0.05. A number between 0 and 1 could mean that the market is undervaluing MGM Resorts International's estimated growth potential
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Its Price to Book (P/B) ratio is 2.91
Understanding MGM Resorts International's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 13,127,485 | -6,673,546 | -5 | -171.43 |
| 2022-02-25 | 9,680,140 | -3,595,207 | 7 | 116.67 |
| 2021-02-26 | 5,162,082 | -3,426,540 | -42 | -566.67 |
| 2020-02-27 | 12,899,672 | -4,153,485 | 9 | -25.0 |
| 2019-02-27 | 11,763,096 | -3,374,735 | 12 | -25.0 |
| 2018-03-01 | 10,773,904 | -3,035,921 | 16 |
Averaging out to -0.5% over the last 6 years, MGM Resorts International's operating margins also have a high coefficient of variability, which stands at 4305.8%. The firm's margins are declining at a -23.8% compounded yearly rate.
