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.

Investment analysts gave a few price targets for MPEL. The highest price target was 28.5, implying potential capital gains of 50.08 percent. The most pessimistic price target was 16, implying potential capital losses of -15.75 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 12.5 percent. The average change in earnings estimates over the last 90 days 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.

Another thing investors often look at is the level of agreement among analysts' 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. 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, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MPEL is 1.29.

MPEL has traded between a high of 20.00 and a low of 11.90 over the past year. The current market price is above the trailing year's low by 59.58 percent, 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 market cap of MPEL is $9.37 billion. MPEL's next earnings release will be on 0000-00-00, which is days away.