Analyst Ratings for Melco Crown Entertainment Ltd (ADR) (MPEL)

Updated: 2017-04-03

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for MPEL last month.

24 analysts issued ratings on the stock, where 13 gave MPEL a buy rating, 2 issued an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 4. Meanwhile, the number of analysts pessimistic about the company has decreased by 2.

A number of analysts gave price targets for MPEL. The most optimistic analyst gave a price target of 28.5, implying a possible profit of 50.08 percent. The most pessimistic analyst gave a price target of 16, implying a possible loss of -15.75 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 12.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.14 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.2 percent.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

MPEL has an estimated earnings growth rate of 42.26 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MPEL has a PEG ratio of 1.29.

MPEL has traded between a high of 20.00 and a low of 11.90 over the past year. Today's price is 59.58 percent above the 52-week low, and 5.05 percent below the high. MPEL has a price/earnings ratio of 54.5. Investors typically compare the P/E ratio to a company's peers in the industry. The MPEL value stock report compares MPEL to some of its peers using value stock charts. The stock has a market capitalization of $9.37 billion. MPEL's next earnings release will be on 0000-00-00, which is days away.