WEBULL

What Is MGM Resorts International's (NYSE:MGM) Share Price Doing?

Simply Wall St · 06/01 13:02

While MGM Resorts International (NYSE:MGM) might not have the largest market cap around , it led the NYSE gainers with a relatively large price hike in the past couple of weeks. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on MGM Resorts International’s outlook and valuation to see if the opportunity still exists.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

What's The Opportunity In MGM Resorts International?

Good news, investors! MGM Resorts International is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is $50.55, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. However, given that MGM Resorts International’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.

Check out our latest analysis for MGM Resorts International

What kind of growth will MGM Resorts International generate?

earnings-and-revenue-growth
NYSE:MGM Earnings and Revenue Growth June 1st 2025

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by a double-digit 15% over the next couple of years, the outlook is positive for MGM Resorts International. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

Portfolio Valuation calculation on simply wall st

What This Means For You

Are you a shareholder? Since MGM is currently undervalued, it may be a great time to increase your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on MGM for a while, now might be the time to make a leap. Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy MGM. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.

If you'd like to know more about MGM Resorts International as a business, it's important to be aware of any risks it's facing. At Simply Wall St, we found 2 warning signs for MGM Resorts International and we think they deserve your attention.

If you are no longer interested in MGM Resorts International, you can use our free platform to see our list of over 50 other stocks with a high growth potential.