Published: Sun, April 23, 2017
Economy | By Melissa Porter

What are Analyst's Indicators for Morgan Stanley (MS), MGM Resorts International (MGM)

What are Analyst's Indicators for Morgan Stanley (MS), MGM Resorts International (MGM)

To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth.

02/17/2017 - MGM Resorts International had its " rating reiterated by analysts at Nomura.

MGM Resorts International (MGM) is now trading with the volume of 4.23 Million. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.06. At present, the Gross Margin for MGM Resorts International MGM Resorts & Casinos is moving around at 41.90% alongside a Profit Margin of 11.60%. The firm earned $2.46 billion during the quarter, compared to the consensus estimate of $2.44 billion. The company reported its last quarter on 12/31/2016. MGM Resorts International (NYSE:MGM) has risen 9.53% since September 9, 2016 and is uptrending.

01/18/2017 - MGM Resorts International was downgraded to " by analysts at Sanford C. Bernstein. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of USA & global copyright law. Essentially, a price target is an individual analyst's expectation on the future price of a security, usually a stock.

Analysts on average have given a price target of $33 to MGM Resorts International (MGM) stock. Goldman Sachs Group Inc reiterated a "buy" rating and set a $36.00 price target on shares of MGM Resorts International in a research report on Tuesday, April 4th.

MGM Resorts International (MGM) has a 52-week high of $30.49 and a 52-week low of $21.03.

MGM Resorts International (MGM) stock price escalated 0.97% to finalize at $28.02 throughout previous buying and selling session. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". At the time of writing, the First Call consensus price target for the company is $33.00. The firm has "Outperform" rating given on Friday, May 6 by Telsey Advisory Group. The 50 day moving average of NYSE:MGM is 26.93 and the 200 day moving average is 27.72.

11/08/2016 - MGM Resorts International had its "outperform" rating reiterated by analysts at Macquarie.

MGM Resorts International (MGM) now has a Return on Assets (ROA) value of 4.1 Percent. The shares were acquired at an average price of $26.74 per share, with a total value of $30,751.00. Renaissance Techs Limited Liability Company owns 505,000 shares. 4,000 shares valued at $105,568 were sold by GAY MARY CHRISTINE on Tuesday, March 14. There may be various price targets for a stock. The Pacific Heights Asset Management Llc holds 750,000 shares with $39.59 million value, down from 900,000 last quarter. The disclosure for this purchase can be found here. National Pension Service now owns 451,774 shares of the company's stock worth $12,347,000 after buying an additional 16,649 shares during the period.

Hedge funds have recently made changes to their positions in the company. The Beach Point Capital Management Lp holds 1.80 million shares with $51.78 million value, up from 1.50M last quarter. Great West Life Assurance Co. The California-based Nicholas Invest Prns L P has invested 0.85% in MGM Resorts International (NYSE:MGM). The stock traded at a volume of 7.92 million shares. Emerald Advisers Inc. PA raised its stake in shares of MGM Resorts International by 72.1% in the third quarter. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which the companies operate and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to worldwide operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. Bamco reported 2.16 million shares stake.

During last 5 trades the stock sticks nearly 1.12%. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of MGM Resorts International by 1.6% in the third quarter.

Natalie Allen, the award winning broadcast journalist, returns this summer as host of the MGM Resorts Foundation's 11th annual Women's Leadership Conference (WLC). The company operates through two segments, Domestic Resorts and MGM China.

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