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.MGM Resorts International ( MGM) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day down 1.0%. By the end of trading, MGM Resorts International rose $0.36 (2.2%) to $16.91 on heavy volume. Throughout the day, 23,351,737 shares of MGM Resorts International exchanged hands as compared to its average daily volume of 9,185,000 shares. The stock ranged in a price between $16.75-$17.67 after having opened the day at $17.52 as compared to the previous trading day's close of $16.55. Other companies within the Leisure industry that increased today were: InterContinental Hotels Group ( IHG), up 5.8%, Good Times Restaurants ( GTIM), up 4.1%, Arcos Dorados Holdings ( ARCO), up 3.3% and Flanigan's ( BDL), up 3.1%.
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 $8.1 billion and is part of the services sector. Shares are up 42.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk.