MGM Resorts International Commo (NYSE:MGM):
MGM Resorts International Announces Third Quarter 2016 Earnings Release Date.
The company is trading up by 0.35 percent from yesterday’s close.
It is currently trading at $26.07 a tad higher than the 50 day moving average which is $25.86 and a bit higher than the 200 day moving average of $23.98. The 50 day moving average was up $0.21 and the 200 day average moved up $2.09.
As of the last earnings report the EPS was $-0.34 and is projected to be $0.70 for the current year with 565,614,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.16 and the next full year EPS is anticipated to be $1.16.
Ratings firms have released opinions on MGM recently. On October 6 the company was upgraded from “Buy” to “Buy” in an announcement from . On October 6 the stock rating was upgraded to “Buy” from “Hold” in a report from Argus Research.
On October 5 Nomura left the company rating at “Buy” and raised the price expectation to $32.00 from $25.00. June 20 investment analysts at Susquehanna held the company rating at “Buy” and moved up the price target from $28.00 to $29.00.
On June 17 Deutsche Bank maintained a stock rating of “Buy” but moved up the price target from $25.00 to $29.00. June 9 investment analysts at Stifel Nicolaus kept the stock rating at “Buy” but raised the price expectation from $27.00 to $30.00.