Analyst Research Roundup: MGM Resorts International (MGM), Merck & Co., Inc. (MRK)


MGM Resorts International (NYSE:MGM) will report its next earnings on May 3 - May 8 (Est.). These price targets are a consensus analysis of 18 brokers. The MGM Resorts Public Policy Institute at UNLV will be co-chaired by Senator Harry Reid and Speaker John Boehner and will focus on wide-ranging, substantive, and relevant national and worldwide policy issues that impact the travel, tourism, hospitality, and gaming industries and the global communities in which they operate.

"Deutsche Bank AG Reaffirms Buy Rating for MGM Resorts International (MGM)" was first reported by Community Financial News and is the sole property of of Community Financial News. Analyst's mean target price for MGM is $33.39 while analysts mean recommendation is 1.70. An ROI of 10.70% for MGM Resorts International evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. But the stock was ranked Underweight by 1 analyst in current phase while overall the consensus rank was for Buy.

Active Volume Stock: Dick's Sporting Goods Inc. (NYSE:DKS)
Analysts are also projecting an Average Revenue Estimate for Dick's Sporting Goods $1.83 Billion in the Current Quarter. Focused Wealth Management Inc bought a new position in Dicks Sporting Goods during the fourth quarter worth about $138,000.

The stock's 50 day moving average is 27.83 and its 200 day moving average is 27.26. The 52-week high of the share price is $30.62 and the 52-week low is $19.28.

MGM Resorts International (NYSE:MGM) traded at a yearly high level of $30.62 during the last trading session. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.47. When we look at the Volatility of the company, Week Volatility is at 2.16% whereas Month Volatility is at 2.21%. MGM Resorts International had a net margin of 3.15% and a return on equity of 6.45%. The firm's quarterly revenue was up 10.3% compared to the same quarter past year. During the same period in the previous year, the company earned ($0.03) EPS. On average, equities analysts predict that MGM Resorts International will post $1.17 EPS for the current fiscal year.

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In other news, insider Daniel D'arrigo sold 32,618 shares of the firm's stock in a transaction dated Tuesday, December 13th. The share price is now down -13.81% for the past three months. The last session's volume of 2.61 million shares was higher than its average volume of 2.14 million shares. The sale was disclosed in a filing with the SEC, which is available through this link. Following the completion of the transaction, the president now owns 210,141 shares in the company, valued at approximately $6,001,626.96. The disclosure for this purchase can be found here. For the week, the shares have posted returns of -2.7%.A block trade registered during the day has revealed $9.49 million in upticks and $34.44 million in downticks. TIAA CREF Investment Management LLC boosted its position in MGM Resorts International by 5.6% in the third quarter. According to their observations and findings, the stock could provide a high EPS of $0.49/share and a Low EPS of $0.24/share. PNC Financial Services Group Inc. boosted its position in MGM Resorts International by 15.8% in the third quarter. The stock has a 1-month performance of 5.21 percent and is 1.81 percent year-to-date as of the recent close. Beverly Hills, California-based MGM would be buying out the other two stakeholders in the company Viacom Inc and Lions Gate Entertainment Corp and a deal could be announced as soon as next week, said one of the people, who asked not to be identified because the talks are private. Through its hospitality management subsidiary, the Company holds a growing number of development and management agreements for casino and non-casino resort projects around the world.

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