Analysis Melco International Development Limited (MDEVF)
5/28/2024
Analysis of Melco International Development Limited (MDEVF)
Melco International Development Limited (MDEVF) has shown a consistent uptrend in its stock price over the past few days. The Relative Strength Index (RSI) indicates that the stock is currently overbought, with a value above 70, suggesting a possible reversal or correction in the near future.The Moving Average Convergence Divergence (MACD) indicator shows a positive trend, with the MACD line above the signal line and a positive MACD histogram, indicating bullish momentum.
The Moving Average (MA) indicator, including Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), also show an increasing trend, supporting the bullish outlook for the stock.
Overall, based on the technical indicators, Melco International Development Limited appears to be in a strong bullish trend. However, investors should be cautious of a possible correction due to the overbought RSI levels.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates suggest a moderate growth trend in both quarterly and annual sales for the company, with slightly higher growth expected in the next fiscal year compared to the current one.
Growth estimates
Based on the consensus estimates provided, we can draw the following conclusions regarding the growth rate of the company for different periods:1. The current year growth rate is estimated to be 7.5%.
2. The next quarter growth rate is expected to be 4.8%.
3. The current quarter growth rate is projected to be 5.6%.
4. The next year growth rate is forecasted to be 9.7%.
5. The average annual growth rate for the next 5 years is estimated to be 11%.
6. The average annual growth rate for the past 5 years was approximately 20.15%.
These estimates suggest that the company is expected to experience moderate growth in the near term, with a slightly higher growth rate projected for the next year. However, the average annual growth rate for the next 5 years is expected to be higher compared to the current and next year estimates. Additionally, the company has shown strong growth over the past 5 years, although the growth rate is expected to moderate in the future.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions on the future price of the security, with the low end at $164, the high end at $250, and the average at $202.26. The current price is $191.57, which is below the average and median forecasted prices.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous results from February 27, 2025, were handled by the Transfer Agent. The results from January 31, 2025, were released after hours. The results from October 31, 2024, were not provided at the time. The results from August 1, 2024, showed an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and it has shown a positive return on assets and return on equity.
Looking at stock statistics, the company has a relatively low short ratio and a significant percentage of shares held by institutions. The stock price has fluctuated between a fifty-two-week low and high, with a positive change over the period.
Valuation metrics show a relatively high PEG ratio and forward P/E ratio. The company's market capitalization and enterprise value are substantial, with a high price-to-book ratio and price-to-sales ratio.
The stock price summary includes beta, moving averages, and the range of prices over the past fifty-two weeks.
Lastly, dividends and splits information show the company's dividend dates, payout ratio, and dividend yield metrics. The company has a history of dividends and stock splits, with a forward annual dividend rate and trailing annual dividend rate provided.
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the past four fiscal years.
2. The gross profit margin seems to be relatively stable, with fluctuations in cost of goods sold affecting the overall profitability.
3. Earnings before interest and taxes (EBIT) have also shown an increasing trend, indicating improved operational efficiency.
4. Net income has been growing consistently, reflecting the company's ability to generate profits after accounting for all expenses and taxes.
5. Earnings per share (EPS) have generally been on the rise, suggesting that the company is effectively managing its capital structure and share issuance.
6. The company's non-operating interest income and expenses have been relatively stable, contributing to the overall financial performance.
7. Overall, the financial performance indicators demonstrate a positive growth trajectory for the company over the analyzed period.
Balance Sheet
These are balance sheets. Here are the conclusions:1. The total assets have been increasing over the years, reaching $365,725,000,000 in 2018.
2. Current assets fluctuate, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2019 at $175,697,000,000.
4. Total liabilities have also been increasing, reaching $255,355,000,000 in 2018.
5. Shareholders' equity has been fluctuating, with the highest value in 2018 at $107,147,000,000.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show significant cash outflows, mainly due to common stock repurchases and debt payments.
5. Investing activities also show significant cash flows, with the company making investments through acquisitions and the purchase of investments.
6. The end cash position has been fluctuating, but overall, the company has maintained a healthy cash balance.
7. Stock-based compensation has been a significant non-cash item impacting the company's financials.
8. The company has been paying dividends to shareholders, with varying amounts each year.
These conclusions provide insights into the company's financial performance and management of cash flows over the years.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.33, which is higher than the EPS of $1.26 from the same quarter a year ago. The range of estimates is between $1.27 and $1.36, as provided by 26 analysts.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, compared to $1.46 from the previous year's quarter. The estimates range from $1.44 to $1.63, based on projections from 25 analysts.
3. Looking at the current fiscal year ending on September 30, 2024, the average estimated EPS is $6.59, showing an increase from the EPS of $6.13 in the previous fiscal year. The analysts' estimates range from $6.43 to $6.92, with insights provided by 39 analysts.
4. For the next fiscal year ending on September 30, 2025, the average estimated EPS is $7.23, with a range of estimates between $6.40 and $7.90. This compares to the EPS of $6.59 in the previous fiscal year, as projected by 39 analysts.
Overall, the analysts are forecasting growth in earnings per share for both the upcoming quarters and the next fiscal years, indicating positive expectations for the company's performance.
MACD of MDEVF
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
