MGM Resorts International moved 1.2% this afternoon session, trading between a high of $38.78 and a low of $37.1499 per share. Yesterday the stock finished at $38.21 per share, compared to an average analyst target price of $56.78.
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The large-cap hotels/resorts company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.0%. MGM Resorts International has trailing twelve months earnings per share (EPS) of 2.98, which at today's prices amounts to a price to earnings (P/E) ratio of 13.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of -0.07. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
MGM Resorts International's 10.7% average gross margins are thinner than the 56.29% average of the Lodging industry, implying that the firm might be lacking in competitivity.