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.

MPEL was given price targets by several analysts. The highest price target was 28.5, implying potential capital gains of 50.08 percent. The minimum price target given was 16, which equates to a potential downside of -15.75 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 12.5 percent. That number becomes 7.14 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 10.2 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of MPEL to grow at a rate of 42.26 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MPEL is 1.29.

MPEL has a 52-week high of 20.00 and a 52-week low of 11.90. Currently the stock is 59.58 percent higher than its low, and below the high by 5.05 percent. 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 market cap of MPEL is $9.37 billion. MPEL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.