A share price of Wynn Resorts Ltd. [WYNN] is currently trading at $80.00, up 1.33%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WYNN shares have gain 6.17% over the last week, with a monthly amount glided 4.86%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Wynn Resorts Ltd. [NASDAQ: WYNN] stock has seen the most recent analyst activity on May 31, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $116 for it. Previously, Argus upgraded its rating to Buy on May 23, 2024, and kept the price target unchanged to $110. On April 15, 2024, Seaport Research Partners initiated with a Neutral rating. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $131 on April 04, 2024. Macquarie upgraded its rating to a Outperform. Susquehanna started tracking with a Positive rating for this stock on December 15, 2023, and assigned it a price target of $105. In a note dated October 23, 2023, HSBC Securities initiated an Buy rating and provided a target price of $111 on this stock.
Wynn Resorts Ltd. experienced fluctuations in its stock price throughout the past year between $71.63 and $110.38. Currently, Wall Street analysts expect the stock to reach $109.82 within the next 12 months. Wynn Resorts Ltd. [NASDAQ: WYNN] shares were valued at $80.00 at the most recent close of the market. An investor can expect a potential return of 37.27% based on the average WYNN price forecast.
Analyzing the WYNN fundamentals
Trailing Twelve Months sales for Wynn Resorts Ltd. [NASDAQ:WYNN] were 7.11B which represents 8.59% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -2.63 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -100.44.
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 79.38 points at the first support level, and at 78.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.82, and for the 2nd resistance point, it is at 81.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wynn Resorts Ltd. [NASDAQ:WYNN] is 1.30. Also, the Quick Ratio is 1.27, while the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 1.25 and price to earnings (TTM) ratio is 10.62.
Transactions by insiders
Recent insider trading involved Mulroy Patricia, Director, that happened on Sep 16 ’24 when 2650.0 shares were sold. Director, MULROY FAMILY TRUST completed a deal on Sep 16 ’24 to buy 2650.0 shares. Meanwhile, Director Myers Margaret Jane sold 2000.0 shares on May 13 ’24.
