Melco Crown Entertainment Limited (MLCO) Earns Media Sentiment Rating of 0.17

Headlines about Melco Crown Entertainment Limited (NASDAQ:MLCO) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Melco Crown Entertainment Limited earned a news impact score of 0.17 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.793368400046 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of research firms have weighed in on MLCO. Nomura increased their target price on shares of Melco Crown Entertainment Limited from $29.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Roth Capital began coverage on shares of Melco Crown Entertainment Limited in a research report on Wednesday, November 1st. They set a “buy” rating and a $34.00 target price for the company. Zacks Investment Research downgraded shares of Melco Crown Entertainment Limited from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Instinet raised shares of Melco Crown Entertainment Limited from a “neutral” rating to a “buy” rating and increased their target price for the company from $20.00 to $29.00 in a research report on Tuesday, September 19th. Finally, Macquarie reduced their price objective on shares of Melco Crown Entertainment Limited from $26.00 to $25.80 and set an “outperform” rating for the company in a research report on Friday, August 18th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $24.83.

Shares of Melco Crown Entertainment Limited (NASDAQ:MLCO) traded up $0.27 on Thursday, hitting $24.91. The company had a trading volume of 1,542,700 shares, compared to its average volume of 3,769,328. Melco Crown Entertainment Limited has a 12 month low of $14.89 and a 12 month high of $26.54. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.14. The company has a market cap of $12,122.26, a PE ratio of 29.33, a P/E/G ratio of 1.02 and a beta of 1.92.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 14th will be issued a $0.09 dividend. This is a boost from Melco Crown Entertainment Limited’s previous quarterly dividend of $0.03. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Monday, November 13th. Melco Crown Entertainment Limited’s dividend payout ratio (DPR) is currently 56.45%.

TRADEMARK VIOLATION NOTICE: This piece was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://stocknewstimes.com/2017/11/16/melco-crown-entertainment-limited-mlco-earns-media-sentiment-rating-of-0-17.html.

Melco Crown Entertainment Limited Company Profile

Melco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines.

Insider Buying and Selling by Quarter for Melco Crown Entertainment Limited (NASDAQ:MLCO)

Receive News & Ratings for Melco Crown Entertainment Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melco Crown Entertainment Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply