A share price of Las Vegas Sands Corp [LVS] is currently trading at $52.61, up 2.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LVS shares have gain 3.77% over the last week, with a monthly amount drifted -1.87%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Las Vegas Sands Corp [NYSE: LVS] stock has seen the most recent analyst activity on December 15, 2023, when Susquehanna initiated its Positive rating and assigned the stock a price target of $59. Previously, Jefferies downgraded its rating to Hold on June 08, 2023, and dropped its price target to $65. On April 20, 2023, Wells Fargo reiterated its Overweight rating and revised its price target to $71 on the stock. Stifel reiterated its Buy rating and increased its price target to $73 on April 20, 2023. Morgan Stanley reiterated its recommendation of a Overweight and raised its price target to $69 on April 20, 2023. JP Morgan reiterated a Overweight rating for this stock on April 20, 2023, and upped its price target to $71. In a note dated April 20, 2023, Jefferies reiterated an Buy rating on this stock and boosted its target price from $66 to $69.
Las Vegas Sands Corp experienced fluctuations in its stock price throughout the past year between $43.77 and $65.58. Currently, Wall Street analysts expect the stock to reach $55.1 within the next 12 months. Las Vegas Sands Corp [NYSE: LVS] shares were valued at $52.61 at the most recent close of the market. An investor can expect a potential return of 4.73% based on the average LVS price forecast.
Analyzing the LVS fundamentals
Trailing Twelve Months sales for Las Vegas Sands Corp [NYSE:LVS] were 10.37B which represents 160.97% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.29 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.77 points at the first support level, and at 50.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.18, and for the 2nd resistance point, it is at 53.75.
Las Vegas Sands Corp [LVS] reported earnings per share of $0.57 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.61/share, meaning a difference of -$0.04 and a surprise factor of -6.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.55 per share as compared to estimates of $0.54 per share, a difference of $0.01 representing a surprise of 1.90%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Las Vegas Sands Corp [NYSE:LVS] is 1.31. Also, the Quick Ratio is 1.30, while the Cash Ratio stands at 1.15. Considering the valuation of this stock, the price to sales ratio is 3.82, the price to book ratio is 9.63 and price to earnings (TTM) ratio is 32.93.
Transactions by insiders
Recent insider trading involved Adelson Miriam, 10% Owner, that happened on Dec 01 ’23 when 34.01 million shares were sold. 10% Owner, Adelson Miriam completed a deal on Dec 01 ’23 to sell 12.25 million shares. Meanwhile, Director Forman Charles D sold 15000.0 shares on Apr 28 ’23.
