Las Vegas Sands Corp (LVS) stock forecast: Can it reach its 52-week high of $56.60

Currently, Las Vegas Sands Corp [LVS] is trading at $54.88, down -0.53%. An important factor to consider is whether the stock is rising or falling in short-term value. The LVS shares have gain 1.82% over the last week, with a monthly amount glided 8.93%, and 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 23, 2024, when UBS downgraded its rating to a Neutral and also revised its price target to $49 from $70. Previously, Argus downgraded its rating to Hold on August 15, 2024. On April 15, 2024, Seaport Research Partners initiated with a Buy rating and assigned a price target of $63 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $70 on March 26, 2024. Susquehanna initiated its recommendation with a Positive and recommended $59 as its price target on December 15, 2023. Jefferies downgraded its rating to Hold for this stock on June 08, 2023, and downed its price target to $65. In a note dated April 20, 2023, Wells Fargo reiterated an Overweight rating on this stock and boosted its target price from $68 to $71.

This stock has fluctuated between a low of $36.62 and a high of $56.60 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $55.25 within the next 12 months. Las Vegas Sands Corp [NYSE: LVS] shares were valued at $54.88 at the most recent close of the market. An investor can expect a potential return of 0.67% based on the average LVS price forecast.

Analyzing the LVS fundamentals

Trailing Twelve Months sales for Las Vegas Sands Corp [NYSE:LVS] were 11.32B which represents -4.04% decline. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.39 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 4.09.

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 54.24 points at the first support level, and at 53.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.48, and for the 2nd resistance point, it is at 56.08.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Las Vegas Sands Corp [NYSE:LVS] is 0.90. On the other hand, the Quick Ratio is 0.89, and the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 3.52, the price to book ratio is 11.61 and price to earnings (TTM) ratio is 27.27.

Transactions by insiders

Recent insider trading involved Goldstein Robert G, Chairman & CEO, that happened on Nov 29 ’24 when 60187.0 shares were sold. EVP and Global General Counsel, Hudson D. Zachary completed a deal on Nov 27 ’24 to sell 25785.0 shares. Meanwhile, Officer Hudson D. Zachary bought 25785.0 shares on Nov 27 ’24.

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