Stocks Buzz: Akorn, Inc. (NASDAQ:AKRX), Melco Resorts & Entertainment Limited (NASDAQ:MLCO)



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Akorn, Inc. (NASDAQ:AKRX)

Akorn, Inc. is a specialty generic pharmaceutical company engaged in the development, manufacture and marketing of multisource and branded pharmaceuticals. They specialize in difficult-to-manufacture sterile and non-sterile dosage forms including: ophthalmics, injectables, oral liquids, otics, topicals, inhalants, and nasal sprays. Akorn markets its products to retail pharmacies, ophthalmologists, optometrists, physicians, veterinarians, hospitals, clinics, wholesalers, distributors, group purchasing organizations, and government agencies. Their strategy is focused on continuing to strengthen our leadership position in the development and marketing of specialized generic and branded pharmaceuticals, over-the-counter (OTC) drug products and animal health products.

Akorn, Inc. (NASDAQ:AKRX)’s Financial Overview

Akorn, Inc. (NASDAQ) surged 0.15% yesterday to close its trading session at $6.67. The company has 1 year Price Target of $9. Akorn, Inc. has 52-Week high of $33.63 and 52-Week Low of $5.25. The stock touched its 52-Week High on 33.63 and 52-Week Low on 5.25. The stock traded with the volume of 3.28 Million shares yesterday. The firm shows the market capitalization of $871.24 Million.

Akorn, Inc. (NASDAQ) reported its last quarterly earnings on 6/29/2018 where the firm reported its Actual EPS of $0.16/share against the badyst consensus estimate of $0.11/share. The difference between the actual and expected EPS is $0.05 a share with a surprise factor of 45.5%.

The firm is trading with SMA20 of 3.29 Percent, SMA50 of -38.32 Percent and SMA200 of -61.68 percent. Akorn, Inc. has P/S value of 1.14 while its P/B value stands at 1.16. Similarly, the company has Return on Assets of -9.7 percent, Return on Equity of -22.7 percent and Return on Investment of -0.6 Percent. The company shows Gross Margin and Operating Margin of 45.1 percent and -29.3 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.7 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 5 badysts offering 12-month price forecasts for Akorn Inc have a median target of 10.00, with a high estimate of 11.00 and a low estimate of 6.00. The median estimate represents a +49.93% increase from the last price of 6.67.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO)

Melco Resorts & Entertainment Ltd is a developer, owner and operator of casino gaming and entertainment casino resort facilities primarily in Asia. Melco Resorts & Entertainment Ltd, formerly known as Melco Crown Entertainment Limited, is based in Hong Kong.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO)’s Financial Outlook

The 16 badysts offering 12-month price forecasts for Melco Resorts & Entertainment Ltd have a median target of 30.90, with a high estimate of 41.00 and a low estimate of 21.60. The median estimate represents a +85.81% increase from the last price of 16.63.

Melco Resorts & Entertainment Limited is estimated to report earnings on 11/01/2018. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 badysts’ forecasts, the consensus EPS forecast for the quarter is $0.22. The reported EPS for the same quarter last year was $0.31.

According to Zacks Investment Research, Melco Resorts & Entertainment Limited has a Consensus Recommendation of 1. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.12% and closed its last trading session at $16.63. The company has the market capitalization of $8.61 Billion. The stock has 52-week high of $32.95 and 52-Week low of $16.42. The firm touched its 52-Week high on 32.95 and 52-Week low on 15.62. The company has volume of 3.28 Million shares. The company has a total of 517.54 Million shares outstanding.

Melco Resorts & Entertainment Limited (NASDAQ) in the last quarter reported its actual EPS of $0.12/share where the badyst estimated EPS was $0.27/share. The difference between the actual and Estimated EPS is $-0.15. This shows a surprise factor of -55.6 percent.

The company has YTD performance of -42.73 percent. Beta for Melco Resorts & Entertainment Limited stands at 1.59 while its ATR (average true range) is 0.84. The company has Weekly Volatility of 5.85%% and Monthly Volatility of 4.27%%.

Melco Resorts & Entertainment Limited has distance from 20-day Simple Moving Average (SMA20) of -9.12%, Distance from 50-Day Simple Moving Average of -19.05 percent and Distance from 200-Day Simple Moving Average of -36.82%.

The Company currently has ROA (Return on Assets) of 4.6 percent, Return on Equity (ROE) of 14.1 Percent and Return on Investment (ROI) of 8.2% with Gross margin of 34.6 percent and Operating & Profit margin of 12.2% and 7.8% respectively.

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