Las Vegas Sands Corp (LVS) stock expected to gain 39.79% in the coming months

A share price of Las Vegas Sands Corp [LVS] is currently trading at $40.97, up 0.29%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LVS shares have gain 4.04% over the last week, with a monthly amount drifted -1.06%, 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 August 15, 2024, when Argus downgraded its rating to a Hold. Previously, Seaport Research Partners started tracking the stock with Buy rating on April 15, 2024, and set its price target to $63. On March 26, 2024, Mizuho initiated with a Buy rating and assigned a price target of $70 on the stock. Susquehanna started tracking the stock assigning a Positive rating and suggested a price target of $59 on December 15, 2023. Jefferies downgraded its rating to a Hold and reduced its price target to $65 on June 08, 2023. Wells Fargo 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, Stifel reiterated an Buy rating on this stock and boosted its target price from $66 to $73.

Las Vegas Sands Corp experienced fluctuations in its stock price throughout the past year between $36.62 and $55.73. Currently, Wall Street analysts expect the stock to reach $57.27 within the next 12 months. Las Vegas Sands Corp [NYSE: LVS] shares were valued at $40.97 at the most recent close of the market. An investor can expect a potential return of 39.79% based on the average LVS price forecast.

Analyzing the LVS fundamentals

Trailing Twelve Months sales for Las Vegas Sands Corp [NYSE:LVS] were 11.43B which represents 8.62% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.39 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.66.

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 40.60 points at the first support level, and at 40.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.17, and for the 2nd resistance point, it is at 41.38.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Las Vegas Sands Corp [NYSE:LVS] is 1.58. In addition, the Quick Ratio stands at 1.57 and the Cash Ratio stands at 1.4. Considering the valuation of this stock, the price to sales ratio is 2.64, the price to book ratio is 8.03 and price to earnings (TTM) ratio is 19.22.

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.

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