What changed
$MGM — WATCHLIST 📊
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.
🎯 Q1 FY26 | Rev $4B | EPS $0.49 vs $0.51 🔴
💡 The market appears to be pricing in a modest recovery post-Miss, but even if earnings normalize (e.g., $2.10-$2.40 EPS), the stock trades at 22-24x forward P/E, which is in line with or above peers, offering no clear margin of safety.
📉 Reward/Risk: 1.1:1
🏢 Business Quality: 7/10 - Diversified portfolio of iconic resorts, strong brand, and consistent revenue growth, but the business is capital-intensive, cyclical, and faces regulatory and competitive risks.
📊 Valuation: fair - Trailing P/E ~23.9x ($46.84/$1.96 annualized), forward P/E likely ~22-24x based on consensus estimates; compared to peers like Las Vegas Sands...
📊 Our read: WATCHLIST. Full analysis →
https://stockduty.xyz/s/MGM0619
Also in play: $CZR $WYNN $LVS $SCI $BYD $JCI
Why it matters
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally.