At the time of writing, Wynn Resorts Ltd [WYNN] stock is trading at $82.50, up 0.11%. 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 1.64% over the last week, with a monthly amount drifted -12.73%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wynn Resorts Ltd [NASDAQ: WYNN] stock has seen the most recent analyst activity on September 27, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $104 from $97. Previously, Seaport Research Partners upgraded its rating to Buy on May 31, 2024, and kept the price target unchanged to $116. On May 23, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $110 on the stock. Seaport Research Partners started tracking the stock assigning a Neutral rating. Mizuho initiated its recommendation with a Buy and recommended $131 as its price target on April 04, 2024. Macquarie upgraded its rating to Outperform for this stock on January 17, 2024. In a note dated December 15, 2023, Susquehanna initiated an Positive rating and provided a target price of $105 on this stock.
For the past year, the stock price of Wynn Resorts Ltd fluctuated between $71.63 and $110.38. Currently, Wall Street analysts expect the stock to reach $120.5 within the next 12 months. Wynn Resorts Ltd [NASDAQ: WYNN] shares were valued at $82.50 at the most recent close of the market. An investor can expect a potential return of 46.06% based on the average WYNN price forecast.
Analyzing the WYNN fundamentals
According to Wynn Resorts Ltd [NASDAQ:WYNN], the company’s sales were 7.13B for trailing twelve months, which represents an 1.28% jump. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.09%, 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 -4.89 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-47.64.
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 81.76 points at the first support level, and at 81.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.24, and for the 2nd resistance point, it is at 83.97.
Ratios To Look Out For
It is important to note that Wynn Resorts Ltd [NASDAQ:WYNN] has a current ratio of 1.53. Also, the Quick Ratio is 1.50, while the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 1.27 and price to earnings (TTM) ratio is 9.97.
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.
