Mgm Resorts International Stock Net Income

MGG Stock  EUR 32.48  0.31  0.96%   
MGM Resorts International fundamentals help investors to digest information that contributes to MGM Resorts' financial success or failures. It also enables traders to predict the movement of MGM Stock. The fundamental analysis module provides a way to measure MGM Resorts' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MGM Resorts stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

MGM Resorts International Company Net Income Analysis

MGM Resorts' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current MGM Resorts Net Income

    
  1.47 B  
Most of MGM Resorts' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MGM Resorts International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, MGM Resorts International reported net income of 1.47 B. This is 188.47% higher than that of the Consumer Cyclical sector and significantly higher than that of the Resorts & Casinos industry. The net income for all Germany stocks is 157.99% lower than that of the firm.

MGM Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGM Resorts' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MGM Resorts could also be used in its relative valuation, which is a method of valuing MGM Resorts by comparing valuation metrics of similar companies.
MGM Resorts is regarded second in net income category among its peers.

MGM Fundamentals

About MGM Resorts Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MGM Resorts International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGM Resorts using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGM Resorts International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in MGM Stock

When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM Resorts International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.