Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 1.0%. By the end of trading, MGM Resorts International rose $0.79 (2.9%) to $27.84 on average volume. Throughout the day, 10,127,411 shares of MGM Resorts International exchanged hands as compared to its average daily volume of 10,976,800 shares. The stock ranged in a price between $27.11-$27.98 after having opened the day at $27.11 as compared to the previous trading day's close of $27.05. Other companies within the Leisure industry that increased today were:
), up 5.0%,
), up 4.7%,
), up 4.4% and
), up 4.3%.
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MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $13.1 billion and is part of the services sector. Shares are up 14.1% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates MGM Resorts International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.
- You can view the full MGM Resorts International Ratings Report.
On the negative front,
), down 6.5%,
), down 4.7%,
), down 4.3% and
), down 2.3%.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.