MGM
MGM Resorts International
MGM has lower modeled downside risk, despite its lower overall score.
NKE
NIKE, Inc.
NKE has a slight edge over MGM overall, supported by stronger valuation.
MGM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
MGM's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
MGM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.2x | $21.76 | -35% |
| Current | 13x | $33.24 | — |
| Fair | 14x | $36.28 | +9.2% |
| Forward | 25x | $33.24 | — |
| Expensive | 34x | $88.90 | +167% |
Historical ranges are pointers, not guarantees.
MGM's PE is in its fair range at 13x. Analysts expect earnings to fall, which would put today's price at 25x next year's earnings, in its expensive range.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE has the edge over MGM in the historical PE scenario, which offers more potential upside but is not a forecast.
MGM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect MGM's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
MGM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.35 | -49% |
| Q3 2026 | $2.64 | +1550% |
| Q2 2026 | $1.66 | -8.8% |
| Q1 2026 | $0.73 | -67% |
| Q4 2025 | $0.76 | -68% |
| Q3 2025 | $0.16 | -94% |
| Q2 2025 | $1.82 | -32% |
| Q1 2025 | $2.24 | -15% |
| Q4 2024 | $2.40 | -25% |
MGM's earnings per share have fallen from their peak: $2.64 over the past year, against $7.10 in mid-2022.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE has the edge over MGM on earnings, with stronger typical year-over-year growth.
MGM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.2B | -0.9% |
| Q2 2026 | $4.5B | +1% |
| Q1 2026 | $4.5B | +4.2% |
| Q4 2025 | $4.6B | +6% |
| Q3 2025 | $4.3B | +1.6% |
| Q2 2025 | $4.4B | +1.8% |
| Q1 2025 | $4.3B | -2.4% |
| Q4 2024 | $4.3B | -0.7% |
MGM has the edge over NKE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.8% | +5.5 points |
| Q2 2026 | 11% | +2.1 points |
| Q1 2026 | 6.8% | -2.2 points |
| Q4 2025 | 7.1% | +0.3 points |
| Q3 2025 | -2.7% | -10 points |
| Q2 2025 | 9.2% | -0.7 points |
| Q1 2025 | 9% | -1.5 points |
| Q4 2024 | 6.7% | -2.9 points |
MGM's operating margin was 2.8% last quarter, up 5.5 points from the same quarter a year ago.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE's revenue fell from its 2023 peak and has held roughly level since: $11.2B last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over MGM on profitability, with a higher operating margin.
MGM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $310.8M | -23% |
| Q2 2026 | $317.4M | -16% |
| Q1 2026 | $413.1M | +29% |
| Q4 2025 | $358.5M | +34% |
| Q3 2025 | $405.4M | +22% |
| Q2 2025 | $377.4M | +60% |
| Q1 2025 | $319M | -15% |
| Q4 2024 | $267.5M | -31% |
MGM has the edge over NKE on cash flow, with more consistent year-over-year improvement.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
MGM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.2% | -5.8M shares |
| 1 year | -7.5% | -20.6M shares |
| 3 years | -28% | -99.4M shares |
| 5 years | -48% | -232M shares |
| Available history | -52% | -276M shares |
MGM has the edge over NKE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $173.6M |
| Q1 2026 | $88.9M |
| Q4 2025 | $511.1M |
| Q3 2025 | $12,000 |
| Q2 2025 | $227.9M |
| Q1 2025 | $489.3M |
| Q4 2024 | $119.8M |
MGM spent $774M buying back its own shares over the past year, down 7.6% from the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has 1.5B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
MGM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.4x | Healthy |
| Q2 2026 | 1.7x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 1.7x | Healthy |
MGM's net debt is about 1.4 years of its operating earnings (EBITDA), down from 2.1 years a year ago.
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE has the edge over MGM on leverage, with a lower net debt burden relative to earnings.
MGM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.0 | Neutral |
| Stochastic | 27.4 | Neutral |
MGM's weekly RSI is 41 (neutral) and its Stochastic is 27 (neutral).
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
MGM PE vs Consumer Cyclical Sector
| Metric | MGM | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 18x | 30% below |
| PE % | 36 | 47 | 11 pts below |
MGM has the edge over NKE on valuation relative to its sector.
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
MGM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.6 | 8.7% above |
| 20 week MA | $38.4 | 13% below |
| 50 week MA | $38.4 | 13% below |
| 100 week MA | $36.1 | 7.9% below |
| 200 week MA | $38.8 | 14% below |
MGM has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 14% below its 200-week average.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
MGM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.6 | $30.7 | -8.5% |
| 2021 | $30.7 | $45.7 | +49% |
| 2022 | $45.7 | $33.8 | -26% |
| 2023 | $33.8 | $44.7 | +32% |
| 2024 | $44.7 | $34.8 | -22% |
| 2025 | $34.8 | $37.7 | +8.4% |
| 2026 YTD | $37.7 | $33.2 | -12% |
MGM has the edge over NKE on returns for 2026, with the stronger performance.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.