A share price of Las Vegas Sands Corp [LVS] is currently trading at $46.77, up 0.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LVS shares have gain 5.01% over the last week, with a monthly amount drifted -10.83%, 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 April 15, 2024, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $63. Previously, Mizuho started tracking the stock with Buy rating on March 26, 2024, and set its price target to $70. On December 15, 2023, Susquehanna initiated with a Positive rating and assigned a price target of $59 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $65 on June 08, 2023. Wells Fargo reiterated its recommendation of a Overweight and raised its price target to $71 on April 20, 2023. Stifel reiterated a Buy rating for this stock on April 20, 2023, and upped its price target to $73. In a note dated April 20, 2023, Morgan Stanley reiterated an Overweight rating on this stock and boosted its target price from $64 to $69.
Las Vegas Sands Corp experienced fluctuations in its stock price throughout the past year between $43.77 and $63.51. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Las Vegas Sands Corp [NYSE: LVS] shares were valued at $46.77 at the most recent close of the market. An investor can expect a potential return of 28.29% based on the average LVS price forecast.
Analyzing the LVS fundamentals
Trailing Twelve Months sales for Las Vegas Sands Corp [NYSE:LVS] were 11.21B which represents 39.58% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.37 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.53.
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 46.50 points at the first support level, and at 46.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.94, and for the 2nd resistance point, it is at 47.11.
Las Vegas Sands Corp [LVS] reported earnings per share of $0.75 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.62/share, meaning a difference of $0.13 and a surprise factor of 21.00%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.57 per share as compared to estimates of $0.61 per share, a difference of -$0.04 representing a surprise of -6.60%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Las Vegas Sands Corp [NYSE:LVS] is 1.30. As well, the Quick Ratio is 1.29, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 3.11, the price to book ratio is 8.81 and price to earnings (TTM) ratio is 22.68.
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.
