Economy

Analyst's Indicator Review for MGM Resorts International (MGM), Electronic Arts Inc. (EA)

The stock decreased 2.15% or $0.73 on September 8, reaching $33.25.

Banc of California, Inc. has a consensus outperform rating from 8 Wall Street analysts, and the number of shares now sold short amount to at least 40.59% of shares outstanding.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of MGM Resorts International (NYSE:MGM). It has outperformed by 28.58% the S&P500.

Shares last traded at $33.25 which is a tad above $32.24, the 50 day moving average and a tad higher than the 200 day moving average of $30.37. MGM Resorts International (NYSE:MGM) has risen 45.28% since September 9, 2016 and is uptrending. The rating was downgraded by Citigroup on Friday, April 8 to "Sell". The 1-year high was reported on Sep, 8 by Barchart.com. Its up 0.11, from 0.84 in 2016Q3.

Investors sentiment increased to 1.41 in Q4 2016. Next quarter's EPS is estimated at $0.23 with next year's EPS projected to be $1.59. It dived, as 31 investors sold MGM shares while 121 reduced holdings.

A number of hedge funds have recently added to or reduced their stakes in the business. That brings Murren's holdings to $30,565,761 as reported to the SEC. The Colorado-based Public Employees Retirement Association Of Colorado has invested 0.02% in MGM Resorts International (NYSE:MGM). Telsey Advisory Group raised the price objective on MGM Resorts International from $36.00 to $39.00 and issued the company an "outperform" recommendation in a analysis report on Friday morning, Jul 28th. Winfield Associates accumulated 0% or 160 shares. Bluecrest reported 680,410 shares.

MGM Resorts International (NYSE:MGM) last issued its quarterly earnings results on Thursday, July 27th. The average true range of the stock is observed at 0.72 and the relative strength index of the stock is recorded at 60.76. Moreover, United Capital Advisers Ltd Liability has 0.01% invested in MGM Resorts International (NYSE:MGM). Stifel Financial upgraded its holdings in stocks of MGM Resorts International by 39.2% during the Q1.

Since March 14, 2017, it had 0 buys, and 12 insider sales for $4.84 million activity. 11,237K shares changed hands on Friday. The insider Mandekic Anthony Leo sold 11,913 shares worth $370,375. BidaskClub cut shares of MGM Resorts International from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, August 1st. SANDERS COREY IAN also sold $677,570 worth of MGM Resorts International (NYSE:MGM) shares. The insider HERNANDEZ ROLAND A sold 48,975 shares worth $1.27 million. CHAIRMAN & CEO James Murren sold 57,269 shares at an average price of $31.54 on Wednesday the 9th.

07/28/2017 - MGM Resorts International had its "buy" rating reiterated by analysts at Deutsche Bank. Therefore 92% are positive. Instinet reissued a "buy" rating and set a $40.00 price objective (up previously from $35.00) on shares of MGM Resorts International in a report on Monday, June 19th. On Monday, November 14 the stock rating was maintained by RBC Capital Markets with "Outperform".

07/07/2017 - MGM Resorts International had its "overweight" rating reiterated by analysts at Morgan Stanley. As per Friday, April 21, the company rating was maintained by Susquehanna. Telsey Advisory Group maintained the shares of MGM in report on Friday, December 9 with "Outperform" rating. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eighteen have given a buy rating to the company's stock. UBS AG restated a "buy" rating on shares of MGM Resorts International in a research report on Monday, July 10th. Oppenheimer maintained it with "Buy" rating and $1700 target in Thursday, August 3 report. The stock now has Monthly Volatility of 2.14% and Weekly Volatility of 1.98%. TAYLOR DANIEL J sold $369,247 worth of stock. North Star Asset Mgmt Incorporated invested 1.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Its up 0.43, from 0.98 in 2016Q3. 17 funds opened positions while 29 raised stakes. As companies start to report quarterly earnings, investors will be watching to see what types of trends emerge. The NYSE listed company saw a recent bid of 33.56 on 1287365 volume. Strategy Asset Managers Ltd holds 240,545 shares. Utd Svcs Automobile Association owns 904,022 shares. Weber Alan W, a New York-based fund reported 47,947 shares. 193,975 were accumulated by Blair William & Co Il. Kings Point Cap Mgmt stated it has 7,866 shares or 0.06% of all its holdings. Jpmorgan Chase Commerce holds 587,787 shares or 0% of its portfolio. Ls Investment Advsrs holds 5,795 shares or 0.01% of its portfolio. 17,832 are held by Stifel Corp. Shell Asset Mngmt stated it has 32,701 shares or 0.03% of all its holdings. Smithfield Tru has invested 0.02% in First Commonwealth Financial (NYSE:FCF). The stock now has a Market Cap of $36.86B. It has a 20.32 P/E ratio. The Firm also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.

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