Corporate Webpages MGM Resorts International, Inc.
We start out by asking, "What is the difference between MGM
Grand, MGM Mirage, and MGM Resorts, International?" Answer:
"Nothing." These are simply name changes the company has had
recently, in fact so recently that many data source websites
haven't caught up with the latest one yet. The latest change is
reputed to have been partially caused by a disdain for the word
"Mirage," which instead of being the actual name for one of its
casino properties, could be mistaken for its prospects. The
company website would have you believe that it has swallowed up
Las Vegas completely. It lists among its properties City
Center, AIRA, Bellagio, Vdara, MGM Grand, Manadalay Bay, Mirage,
Monte Carlo, New York-New York, Luxor, Excalibur, Circus Circus,
Railroad Pass, not to mention casinos in Reno, Jean, Tunica,
Biloxi, and Detroit (this last grouop outside Las Vegas), and
MGM Macau. Many of these holdings are partial interests. MGM
Resorts also operates MGM Hospitality, a booking service in
conjunction with many other casinos.
In this day and age a debate is forming in the Republican Party
regarding the nature of certain "corporate raiders." Bain
Capital has taken center stage as a liability for candidate Mitt
Romney, who is accused of acquiring many going concerns in
America, stripping them of assets or forcing them into
bankruptcy, costing hundreds of jobs or exporting jobs overseas,
and then leaving employees destitute while walking off with
billions in former company assets. This sort of corporate
plundering is common in America as one of the worst aspects of
capitalism. Corporate raiders don't go after failing companies
to make them better, but rather go after thriving companies with
a lot of cash, which are then driven into debt or even
bankruptcy, while the raiders walk off with billions. MGM
Resorts was certainly not immune from this, for Kirk Kirkorian,
acquired 80% of MGM Grand in the early 1980's, and placed his
mark on the company. Eventually, a welcome headline read,
"Kirkorian leaves MGM Borad of Directors," as he sold off his
holdings, often in huge amounts causing the stock to drop as
much as 11% in one day at the peak. But his presence is still
felt through his "Tracinda Corporation," which still holds 22%
of the outstanding shares. The selloff of Kirkorian interest
eventually became more "gradual," but the company stock and the
company as a whole has suffered greatly from it and is highly
debt-ridden after extremely over-ambitious expansion plans.
We and a lot of researchers have concluded this is the stock you
do NOT want to own as a "buy and hold" stock. The company has a
lot wrong with it, in just about every way imaginable, not just
after suffering from corporate raiders. The company has had its
share of natural disasters, from a fire that destroyed the
"Grand" at one point (although re-built after encountering a lot
of liability lawsuits) to Hurricane Katrina that ravaged its
Biloxi property.
The company is also beholden to Dubai World, the investment arm
of the Government of Dubai. This gives it expansion
opportunities in Dubai. Its biggest prospect may well be in
Macau, and it has interests in China where the government there
tolerates gambling only in very restricted selected spots.
(Gambling, by the way, is not tolerated in much of Islam and the
Middle East, also, which gives a very big question mark about Dubai.)
News in the company is centered around its interests in "City
Center," a new development in Las Vegas that is the largest
construction site in America. Some think this is a risk way too
big and a possible liability that could overwhelm the company.
The lower-bidder contractor, Perini-Tutor, is known as the
"change order king" of contractors, often under-bidding a
project where it sees flaws in the design and plans, and then
foreseeing later change orders that dwarf the original bid.
The company CEO owns an unconscionable $71 million of
exercisable stock options he could dump on the market at any
time, giving MGM an extremely negative executive compensation
rating. Institutions are dumping the stock, not the least of
which is Tracinda. Stock shares have shown surprising strength
in recent days, however. The company stock makes an excellent
vehicle for options trading in our opinion.
Analysts, which react more quickly than researchers, seem to
have turned very positive on the stock, something for which we
cannot account. They are projecting substanial losses for the
company through 2012. Market Grader is also running counter to
most of the researchers.
We rate news on the company as positive largely because there
seems to be about to be a toleration of Internet gambling in
this country, which could lead to a big opportunity for MGM
Resorts to cash in on that unfortunate trend.
The company has a marginal to poor Zenith Index and its books
are a little hard to grasp as it is reporting a huge short-term jump in
earnings in what is obviously an overall long-term loss situation.
Nor are the remaining assets relative to share price after Kerkorian
particularly attractive to any more raiders.
01-13-2012: MGM Resorts International, Inc. (MGM): Possible Over-Expansion and a Bridge Too Far
(WAIT FOR PAGE TO LOAD COMPLETELY BEFORE LINKS WORK.)
Company Profile
Company History
News
Comparison with Peers
Bond Issue
Zenith Index
Financial Statements
Financial Ratios
Market Grader
Intrinsic Value (Disc. CashFlow)
Intrinsic Value (Proj. Earnings)
Scout Stock Rating
Projected Earnings
Research Reports
Analysts' Opinions
Insider Activity
Institutional Activity
Sentiment
Short Interest
Stock Report
Management's Discussion
Moving Average Chart
Right Time Study
Channel Potential
Intraday Chart
Stock Fetcher
Point & Figure Chart
Wall Street Analyzer
Marketspace Chart
Time Series Forecast
Neural Network Prediction
Stock Options
Ultimate Trading Systems
Recommendation
Corporate Wepages
Company Profile |
Company History |
News |
Comparison |
Similar Companies Performance:
Bond Issue |
Zenith Index |
Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is consider strong and > 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.
MGM Resorts International (MGM ) Sector: Services
3600 Las Vegas Boulevard South Industry: Resorts & Casinos
Las Vegas, NV 89109 Exchange: NYSE
MGM Resorts International, through its subsidiaries, primarily owns and
operates casino resorts in the United States. The company-Æs resorts offer
gaming, hotel, dining, entertainment, retail, and other resort amenities.
It also owns and operates golf courses and a golf club. As of December 31,
2010, the company owned and operated 15 properties located in Nevada,
Mississippi, and Michigan; and has 50% investments in 4 other casino
resorts in Nevada, Illinois, and Macau. In addition, MGM Resorts
International has an agreement with the Mashantucket Pequot Tribal Nation,
which owns and operates a casino resort in Connecticut, to carry the -æMGM
Grand-Æ brand name. The company was formerly known as MGM MIRAGE and
changed its name to MGM Resorts International in June 2010. MGM Resorts
International was founded in 1986 and is based in Las Vegas, Nevada.
Last Trade: 11.44 52-Week Range: 16.94 - 7.40
Trade Date: 01-11 Avg. Volume: 16,863,700 Shares
Index Membership: Employees: 45,000
Corporate Governance:
Audit (Low Concern), Board (Low Concern),
Compensation (High Concern), Shareholder Rights (Low Concern).
EPS: 5.79 Dividend Amount: $ 0.00 Yield: 0.00%
Ex-Dividend Date: Feb 8, 200 Mkt Cap: $ 5,590,000K
Payout Ratio: 0.00%
Last Split Factor (new for old): 2:1 Split Date: May 19, 20
Key Statistics:
Enterprise Value: $ 17,080,000K Revenue (ttm) : $ 6,990,000K
Gross Profit: $ 2,260,000K
Earnings before Income Tax, Depreciation and Amortization: $ 1,260,000K
Enterprise Value/Revenue (ttm): 2.44 Revenue per Share: $ 14.39
Enterprise Value/EBITDA (ttm): 13.55 Qtrly Rev Growth (y to y): 42.50%
P/E Ratio (fwd projected): 0.00 P/E Ratio (current): 1.98
P/E Growth Ratio (5 yr expected): -1.66 Operating Margin: 7.65%
Price/Sales Ratio: 0.80 Profit Margin: 44.19%
Price/Book Value: 0.89 Book Value: $ 12.79/sh.
Return on Assets: 1.42% Net Income Avl to Common: $ 3,090,000K
Return on Equity: 49.91% Diluted Earnings/Share: $ 5.79
Qrtly Earnings Growth (yoy): 0.00%
Balance Sheet Items : Cash Flow Items (ttm):
(most recent qrtr) (trailing 12 mo.)
Total Cash: $ 1,970,000K Operating Cash Flow:$ 604,660K
Total Debt: $ 13,450,000K Lvgd Free Cash Flow:$ 582,110K
Total Debt/Equity: 135.30
Total Cash/Share: $ 4.02
Current Ratio: 1.35
Share Statistics: Stock Price History:
Shares Outstanding: 488,830K Stk 52-Week Change: -29.94%
Float: 310,420K S&P 500 52-Wk Chng: 0.48%
Sh. Short % of Float: 12.00% 50-Day Moving Avg: 10.07
Short Ratio: 3.40 200-Day Moving Avg: 11.18
% Held by Institutions: 55.60% Beta: 4.35
% Held by Insiders: 28.15%
Analysts' Estimates: Cur. Qtr Next Qtr Cur. Year Next Year
___________________________ Dec 11 Mar 12 Dec 11 Dec 12
Average Earnings Estimate -0.19 -0.14 -0.53 -0.39
Average Revenue Estimate 160M 2,270M 7,680M 9,170M
Factors Comparing This Company to Its Industry Leader (1.0 = Average):
Long Term EPS Growth Rate (5 yr): 2.789 EPS Growth (Qrtly YoY): 0.000
PEG Ratio (ttm, 5 yr expected): 2.208 P/E Ratio (ttm): 26.735
Revenue Growth (Qrtly YoY): 10.600
Annual Income Statements: All numbers in thousands)
Period Ending Dec31,2010 Dec31,2009 Dec31,2008
Total Revenue 6,019,233 5,978,589 7,208,767
Cost of Revenue 3,757,542 3,539,306 4,034,374
Gross Profit 2,261,691 2,439,283 3,174,393
Operating Expenses:
Research & Development 0 0 0
Selling, General & Administrative 2,704,518 2,572,646 1,387,780
Non-Recurring Expenses 4,247 53,013 1,234,251
Other Operating Expenses 633,423 689,273 778,236
Total Operating Expenses 0 0 0
Operating Income or Loss -1,158,931 -963,876 -225,874
Income from Continuing Operations:
Total Other Income/Expenses Net 56,486 -273,286 104,460
Earnings Before Interest & Taxes -2,216,025 -2,012,593 -59,702
Interest Expense 0 0 609,286
Income Before Taxes -2,216,025 -2,012,593 -668,988
Income Tax Expense -778,628 -720,911 186,298
Minority Interest 0 0 0
Net Income from Continuing Op.s -1,515,831 -1,379,909 -855,286
Non-recurring Events:
Discontinued Operations 0 0 0
Extraordinary Items 0 0 0
Effect of Accounting Changes 0 0 0
Other Items 0 0 0
Net Income -1,437,397 -1,291,682 -855,286
Preferred Stock & Other Adjustmnts 0 0 0
Net Income Avail To Common Shares -1,437,397 -1,291,682 -855,286
Quarterly Income Statements: All numbers in thousands)
Period Ending Sep30,2011 Jun30,2011 Mar31,2011 Dec31,2010
Total Revenue 2,233,587 1,813,882 1,504,954 1,438,534
Cost of Revenue 1,442,623 1,138,505 940,057 899,338
Gross Profit 790,964 675,377 564,897 539,196
Operating Expenses:
Research & Development 0 0 0 0
Selling, General & Adminis. 3,925,414 -3,153,507 306,138 312,409
Non-Recurring Expenses 0 -316 0 186
Other Operating Expenses 249,520 177,467 152,397 146,666
Total Operating Expenses 0 0 0 0
Operating Income or Loss 112,574 3,683,760 169,705 107,210
Income from Continuing Operations:
Total Other Income/Expenses Net 3,469,718 -41,019 -44,245 -19,147
Earnings Before Int. & Taxes 86,287 3,642,741 125,460 -1,025,517
Interest Expense 272,542 270,224 269,914 -840,483
Income Before Taxes -186,255 3,372,517 -144,454 -185,034
Income Tax Expense -79,680 -78,174 -54,583 -45,845
Minority Interest -17,211 -8,706 0 0
Net Income from Continuing Op.s -123,247 3,474,012 -26,528 -111,914
Non-recurring Events:
Discontinued Operations 0 0 0 0
Extraordinary Items 0 0 0 0
Effect of Accounting Changes 0 0 0 0
Other Items 0 0 0 0
Net Income -123,786 3,441,985 -89,871 -139,189
Preferred Stock & Other Adj.s 0 0 0 0
Net Income Avail To Common Shs -123,786 3,441,985 -89,871 -139,189
Annual Balance Sheets: All Numbers in Thousands
Period Ending Dec31,2010 Dec31,2009 Dec31,2008
Current Assets:
Cash & Cash Equivalents 498,964 2,056,207 295,644
Short Term Investments 0 0 0
Net Receivables 607,968 791,516 431,254
Inventory 96,392 101,809 650,480
Other Current Assets 252,321 103,969 155,652
Total Current Assets 1,455,645 3,053,501 1,533,030
Long-Term Investments 1,923,155 3,611,799 4,642,865
Property, Plant & Equipt 14,554,350 15,069,952 16,289,154
Goodwill 86,353 86,353 86,353
Intangible Assets 342,804 344,253 347,209
Accumulated Amortization 0 0 0
Other Assets 598,738 352,352 376,105
Deferred Long Term Asset Charges 0 0 0
Total Assets 18,961,044 22,518,210 23,274,716
Current Liabilities:
Accounts Payable 1,246,221 1,303,777 1,924,689
Short/Current Long Term Debt 0 1,079,824 1,047,614
Other Current Liabilities 0 0 30,273
Total Current Liabilities 1,246,221 2,383,601 3,002,576
Long Term Debt 12,047,698 12,976,037 12,416,552
Other Liabilities 199,248 256,837 440,029
Deferred LT Liability Charges 2,469,333 3,031,303 3,441,198
Minority Interest 0 0 0
Negative Goodwill 0 0 0
Total Liabilities 15,962,500 18,647,778 19,300,356
Stockholder Equity:
Misc. Stocks Options Warrants 0 0 0
Redeemable Perferred Stock 0 0 0
Preferred Stock 0 0 0
Common Stock 4,885 4,412 3,693
Retained Earnings -1,066,865 370,532 3,365,122
Treasury Stock 0 0 -3,355,963
Capital Surplus 4,060,826 3,497,425 4,018,410
Other Stockholder Equity -301 -1,937 -56,901
Total Stockholder Equity 2,998,545 3,870,432 3,974,361
Net Tangible Assets 2,569,388 3,439,826 3,540,799
Quarterly Balance Sheets: All Numbers in Thousands
Period Ending Sep30,2011 Jun30,2011 Mar31,2011 Dec31,2010
Current Assets:
Cash & Cash Equivalents 1,815,125 921,553 431,275 498,964
Short Term Investments 0 0 0 0
Net Receivables 542,865 521,119 575,992 607,968
Inventory 104,279 105,318 95,097 96,392
Other Current Assets 259,538 245,290 264,047 252,321
Total Current Assets 2,721,807 1,793,280 1,366,411 1,455,645
Long-Term Investments 1,659,719 1,690,136 1,941,786 1,923,155
Property, Plant & Equipt 14,868,394 15,017,905 14,426,622 14,554,350
Goodwill 2,905,378 2,906,755 86,353 86,353
Intangible Assets 5,120,662 5,209,866 342,626 342,804
Accumulated Amortization 0 0 0 0
Other Assets 577,063 598,248 596,551 598,738
Deferred LT Asset Charges 0 0 0 0
Total Assets 27,853,024 27,216,190 18,760,348 18,961,044
Current Liabilities:
Accounts Payable 1,663,739 1,585,025 1,172,440 1,246,221
Current Portion LT Debt 351,608 0 0 0
Other Current Liabilities 0 0 0 0
Total Current Liabilities 2,015,347 1,585,025 1,172,440 1,246,221
Long Term Debt 13,099,074 12,630,291 12,081,108 12,047,698
Other Liabilities 193,578 219,484 215,764 199,248
Deferred LT Liab. Charges 2,603,418 2,736,116 2,371,875 2,469,333
Minority Interest 3,692,750 3,679,423 0 0
Negative Goodwill 0 0 0 0
Total Liabilities 21,604,168 20,850,340 15,841,187 15,962,500
Stockholder Equity:
Misc. Options, WarrantS 0 0 0 0
Redeemable Perferred Stock 0 0 0 0
Preferred Stock 0 0 0 0
Common Stock 4,886 4,886 4,886 4,885
Retained Earnings 2,161,463 2,285,249 -1,156,736 -1,066,865
Treasury Stock 0 0 0 0
Capital Surplus 4,085,783 4,077,236 4,068,751 4,060,826
Other Stockholder Equity -3,276 -1,520 2,261 -301
Total Stockholder Equity 6,248,856 6,365,851 2,919,162 2,998,545
Net Tangible Assets -1,777,184 -1,750,770 2,490,183 2,569,388
Annual Cash Flow: All Numbers in Thousands
Period Ending Dec31,2010 Dec31,2009 Dec31,2008
Net Income -1,437,397 3,441,985 -855,286
Operating Activites:
Depreciation 721,406 740,125 788,856
Adjustments to Net Income 1,033,451 1,578,846 1,312,143
Changes in Accounts Recv'bls -17,376 -121,088 20,500
Changes in Liabilities 11,208 37,158 -187,858
Changes in Inventories 5,418 6,571 12,366
Changes in Other Op'ing Actv's 0 -362,016 -337,689
Total Cash Flow fr Operations 504,014 587,914 753,032
Investing Activities:
Capital Expenditures -207,491 -136,850 -781,754
Investments -567,941 -963,685 -1,279,462
Other Cash Flows fr Investing 0 770,280 79,776
Total Cash Flows fr Investing -586,079 -330,255 -1,981,440
Financing Acitivies:
Dividends Paid 0 0 0
Sale or Purchase of Stock 588,456 1,104,418 -1,226,740
Net Borrowings -1,872,710 547,143 2,341,094
Other Cash Flows fr Financing 0 0 0
Total Cash Flows fr Financing -1,475,178 1,488,750 1,122,082
Effect of Exchange Rate Change 0 0 0
Change in Cash & Cash Equiv.s -1,557,243 1,746,409 -106,326
Quarterly Cash Flow: All Numbers in Thousands
Period Ending Sep30,2011 Jun30,2011 Mar31,2011 Dec31,2010
Net Income -123,786 3,441,985 -89,871 -139,189
Operating Activites:
Depreciation 272,650 201,091 175,955 170,472
Adjustments to Net Income 51,807 -3,556,129 -32,735 39,513
Changes in Accounts Recv'bls -100,125 -2,522 -4,486 -4,798
Changes in Liabilities 66,469 -31,208 -12,761 57,862
Changes in Inventories 1,035 -1,935 1,294 -2,912
Changes in Other Oper'g Acts 0 212,957 -13,418 2,668
Total Cash Flow f Operations 184,117 272,945 23,978 123,616
Investing Activities:
Capital Expenditures -91,146 -50,719 -34,459 -78,952
Investments -92,032 -117,080 -135,698 -270,117
Other Cash Flows fr Investing 0 499,482 59,620 183,912
Total Cash Flows fr Investing -95,269 331,683 -110,537 -165,157
Financing Acitivies:
Dividends Paid 0 0 0 0
Sale or Purchase of Stock 0 0 0 669,934
Net Borrowings 807,996 -113,399 19,530 -591,429
Other Cash Flows fr Financing -3,186 -704 -660 -82,457
Total Cash Flows fr Financing 804,810 -114,103 18,870 -12,252
Effect of Exchange Rate Chg 0 0 0 -247
Change in Cash & Cash Equiv. 893,572 490,278 -67,689 -53,793
MGM MGM Resorts International [Indices near +3.0 or near zero,
or < zero bear special attention.]
P/E Ratio Tests:
Current P/E Ratio < 28? 3.0000 P/E Ratio > 5? 0.0000
P/E Ratio Vs Growth Rate: -3.0000 Forward P/E Ratio < 28? 0.0000
Sales Tests:
Price/Sales Ratio < 2.3? 2.8750 Inventory/Sales < 5%? 3.0000
Sales < $1 billion? 0.1661 Operating Margin < 7.5%? 0.9804
Balance Sheet Tests:
Debt/Equity < 0.40? 0.0030 Long-Term Debt Service: 0.2489
LTD Being Reduced? 0.6000 Short-Term Debt Service: 3.0000
Current Ratio > 2? 0.6750 Working Capital >= 1.5? 1.4809
Leverage Ratio < 20%? 0.4690 Debt / Assets < 1? 1.5738
Quick Ratio > 1? 1.1700 Inventory Turnover > 1? 0.0250
Shares Out Decreasing? 1.2000 Market Cap.> 1.5 Billion? 0.2683
Profit Margin > 7.5%? 3.0000
Income Tests:
Dividend Yield > 2.0%? 0.0000 EPS Annual Growth > 10%? 3.0000
Enterprise Value/Revenue: 1.6267 EPS 5-yr Growth > 20%? -2.9660
Enterprise Value/EBITDA: 1.9357 EPS Growth Consistent? 1.2000
EPS Qrtly Growth > 10%? 0.0000 Collection < 45 days? 1.2206
Rev. Qtrly Growth > 15%? 3.0000 Gross Pft/Cur. LTD < 1? 3.0000
EPS Annual Growth > 10%? 3.0000 Borrowing Int. Rate< 6%? 3.0000
Stock Performance Tests:
Volatility > 25%? 3.0000 % Held by Insiders < 5%? 0.1776
Beta > 1.25? 3.0000 % Held by Institut. < 50? 0.8993
50 Da MA > 200 Da MA? -0.2911 % Held by Institut. > 30? 1.8533
52-Wk Change vs. S&P 500: 0.0320 Short Ratio > 5? 0.6800
Price/Book Value < 3? 3.0000 Short % of Float > 20? 0.6000
Return on Assets > 17%? 0.0835 Average Volume > 100,000? 3.0000
Cash Flow Tests:
Oper. C.F. > Lever'd C.F: 1.0387 Positive Free Cash Flow? 1.0000
Positive Oper. Cash Flow? 1.0000 Price to C.F./sh. Ratio: 0.6859
Cash Flow / Assets >.10? 0.2090
MGM MGM Resorts International Overall Zenith Index: 1.1642
Financial Statements |
Income Statement:
Balance Sheet:
Cash Flow Statement:
Financial Ratios |
. . . . . . . . . . . . 1 = Highest , 10 = Lowest
Market Grader |
Intrinsic Value (DCF) |
Intrinsic Value by Discounted Cash Flow Method:
Intrinsic Value (PEG) |
Intrinsic Value by Projected Earnings Growth Method:
Stock Scout |
We find "Scout" to be a bit biased toward the high end, so anything under a 6 is considered a negative, 6 and above, positive.
Projected Earnings |
Research Reports |
Analysts' Opinions |
Insider Activity |
Institutional Activity |
Institutional Orders to Buy or Sell:
Sentiment |
Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.
Short Interest Ratio |
As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.
Stock Report |
Management's Discussion of Results of Operations Excerpts |
Moving Average Chart |
Right Time Study |
Channeling Potential |
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility. Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.
Results for MGM Resorts International:
Symbol? MGM
Total Months Available: 49
Months in Cycle? 4
Months Covered by Periods: 12
Period 1 Period 2 Period 3
H1 L1 H2 L2 H3 L3
16.94 12.15 16.05 9.01 12.41 7.40
RANGE = 16.94 TO 7.40 Close = 11.44
CHANNEL = 12.41 TO 12.15 Degree = 0
Volatility = 2.27% Index = 0
Intraday Chart |
2 Days:
Stock Fetcher |
Point & Figure Chart |
Wall Street Analyzer |
Marketspace Chart |
Time Series Forecast |
Neural Network Prediction |
"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."
Ultimate Trading Systems |
The corresponding trades for the above chart are shown in tabular form below.
Recommendation |
| Factors | Weighted Points |
|---|---|
| News | + 1 |
| Comparison | - 1 |
| Industry | - 1 |
| Bond Issue | 0 |
| Zenith Index | - 1 |
| Non-GAAP vs. GAAP Earnings < 1% | + 1 |
| Cash Flow | - 1 |
| Ratios | - 1 |
| Market Grader | + 1 |
| Intrinsic Value DCF | - 1 |
| Intrinsic Value DDM | - 1 |
| Stock Scout | - 1 |
| Projected Earnings | - 1 |
| Research Reports | - 1 |
| Analysts | + 1 |
| Executive Perquisites | - 1 |
| Insider Activity | - 1 |
| Institutional Activity | - 1 |
| Management Reporting | + 1 |
| Short Interest | + 1 |
| Sentiment | + 1 |
| Standard & Poor's | - 1 |
| Moving Average | + 1 |
| Right Time Study | + 1 |
| Stock Fetcher | - 1 |
| Point & Figure | - 1 |
| Wall Street Analyzer | - 1 |
| Marketspace Chart | + 1 |
| Time Series Chart | - 1 |
| Neural Network | 0 |
| Stock Options | + 1 |
| Ultimate Trading Systems | + 1 |
| Total | - 7 |
Place 2,620 shares of MGM Resorts International, Inc. (MGM) on the Active List.
