Mgm Resorts International Stock Price To Earning
MGM Stock | USD 34.55 1.05 3.13% |
MGM Resorts International fundamentals help investors to digest information that contributes to MGM Resorts' financial success or failures. It also enables traders to predict the movement of MGM Stock. The fundamental analysis module provides a way to measure MGM Resorts' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MGM Resorts stock.
MGM | Price To Earning |
MGM Resorts International Company Price To Earning Analysis
MGM Resorts' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current MGM Resorts Price To Earning | 11.79 X |
Most of MGM Resorts' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MGM Resorts International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MGM Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for MGM Resorts is extremely important. It helps to project a fair market value of MGM Stock properly, considering its historical fundamentals such as Price To Earning. Since MGM Resorts' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MGM Resorts' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MGM Resorts' interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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MGM Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, MGM Resorts International has a Price To Earning of 11.79 times. This is 52.65% lower than that of the Hotels, Restaurants & Leisure sector and 51.42% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 58.95% higher than that of the company.
MGM Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGM Resorts' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MGM Resorts could also be used in its relative valuation, which is a method of valuing MGM Resorts by comparing valuation metrics of similar companies.MGM Resorts is currently under evaluation in price to earning category among its peers.
MGM Resorts ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MGM Resorts' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MGM Resorts' managers, analysts, and investors.Environmental | Governance | Social |
MGM Fundamentals
Return On Equity | 0.29 | ||||
Return On Asset | 0.0254 | ||||
Profit Margin | 0.05 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 39.18 B | ||||
Shares Outstanding | 297.74 M | ||||
Shares Owned By Insiders | 22.72 % | ||||
Shares Owned By Institutions | 70.06 % | ||||
Number Of Shares Shorted | 15.8 M | ||||
Price To Earning | 11.79 X | ||||
Price To Book | 3.13 X | ||||
Price To Sales | 0.59 X | ||||
Revenue | 16.16 B | ||||
Gross Profit | 7.9 B | ||||
EBITDA | 2.75 B | ||||
Net Income | 1.31 B | ||||
Cash And Equivalents | 5.91 B | ||||
Cash Per Share | 13.79 X | ||||
Total Debt | 31.62 B | ||||
Debt To Equity | 5.69 % | ||||
Current Ratio | 1.49 X | ||||
Book Value Per Share | 10.89 X | ||||
Cash Flow From Operations | 2.69 B | ||||
Short Ratio | 3.52 X | ||||
Earnings Per Share | 2.79 X | ||||
Price To Earnings To Growth | 2.45 X | ||||
Target Price | 48.25 | ||||
Number Of Employees | 58 K | ||||
Beta | 2.24 | ||||
Market Capitalization | 10.13 B | ||||
Total Asset | 42.37 B | ||||
Retained Earnings | 3.66 B | ||||
Working Capital | 1.78 B | ||||
Current Asset | 2.41 B | ||||
Current Liabilities | 2.24 B | ||||
Five Year Return | 1.15 % | ||||
Net Asset | 42.37 B | ||||
Last Dividend Paid | 0.003 |
About MGM Resorts Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGM Resorts International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGM Resorts using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGM Resorts International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Earnings Share 2.79 | Revenue Per Share | Quarterly Revenue Growth 0.053 | Return On Assets |
The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.