Las Vegas Sands Corp [LVS] stock is trading at $53.18, up 2.86%. An important factor to consider is whether the stock is rising or falling in short-term value. The LVS shares have gain 6.15% over the last week, with a monthly amount drifted -2.46%, and not seem to be holding up well over a long-time horizon.
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On 22, March 2024, Las Vegas Sands Announces $500,000 Donation to the WASH Foundation. In a post published today on Yahoo Finance, Las Vegas Sands (NYSE:LVS) has contributed $500,000 through Sands Cares to The WASH Foundation, an evolution of the Clean the World Foundation, bringing the company’s total contributions to the nonprofit organization to more than $5.6 million since kicking off the partnership.
From an analyst’s perspective:
Las Vegas Sands Corp [NYSE: LVS] stock has seen the most recent analyst activity on March 26, 2024, when Mizuho initiated its Buy rating and assigned the stock a price target of $70. Previously, Susquehanna started tracking the stock with Positive rating on December 15, 2023, and set its price target to $59. On June 08, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $65 on the stock. Wells Fargo reiterated its Overweight rating and increased its price target to $71 on April 20, 2023. Stifel reiterated its recommendation of a Buy and raised its price target to $73 on April 20, 2023. Morgan Stanley reiterated a Overweight rating for this stock on April 20, 2023, and upped its price target to $69. In a note dated April 20, 2023, JP Morgan reiterated an Overweight rating on this stock and boosted its target price from $69 to $71.
Las Vegas Sands Corp [LVS] stock has fluctuated between $43.77 and $65.58 over the past year. Currently, Wall Street analysts expect the stock to reach $56.45 within the next 12 months. Las Vegas Sands Corp [NYSE: LVS] shares were valued at $53.18 at the most recent close of the market. An investor can expect a potential return of 6.15% based on the average LVS price forecast.
Analyzing the LVS fundamentals
Las Vegas Sands Corp [NYSE:LVS] reported sales of 10.37B for the trailing twelve months, which represents a growth of 160.97%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.41.
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 52.22 points at the first support level, and at 51.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.11, and for the 2nd resistance point, it is at 55.05.
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
For context, Las Vegas Sands Corp’s Current Ratio is 1.31. On the other hand, the Quick Ratio is 1.30, and the Cash Ratio is 1.15. Considering the valuation of this stock, the price to sales ratio is 3.86, the price to book ratio is 9.73 and price to earnings (TTM) ratio is 33.29.
Transactions by insiders
Recent insider trading involved Goldstein Robert G, Chairman & CEO, that happened on Mar 15 ’24 when 100000.0 shares were sold. 10% Owner, Adelson Miriam completed a deal on Dec 01 ’23 to sell 34.01 million shares. Meanwhile, 10% Owner Adelson Miriam sold 12.25 million shares on Dec 01 ’23.
