Las Vegas Sands Corp. (NYSE:LVS) finished Thursday with an addition of $0.55 to close at $57.40, an upside of 0.97 percent. An average of 2,586,180 shares of common stock have been traded in the last five days. There was a fall of -$0.67 in the past week, and it reached a new high 36 times over the past 12 months. The last 20 days have seen an average of 4,025,570 shares traded, while the 50-day average volume stands at 4,189,058.
LVS stock has decreased by -3.17% in the last month. The company shares reached their 1-month lowest point of $55.55 on 07/21/23. With the stock rallying to its 52-week high on 05/01/23, shares of the company touched a low of $33.38 and a high of $65.58 in 52 weeks. It has reached a new high 17 times so far this year and achieved 19.41% or $9.33 in price. In spite of this, the price is down -12.47% from the 52-week high.
Insider Transactions
LVS stock investors should be aware that Las Vegas Sands Corp. (LVS) stock had its last reported insider trading activity 105 days ago on Apr 28.
Valuation Metrics
Las Vegas Sands Corp. (LVS) has a trailing price-to-earnings (P/E) ratio of 786.30. The stock’s beta is 1.20. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.48, the price-to-book (PB) ratio at 10.12, and the price-to-cash flow ratio at 237.72.
The company’s most recent quarterly dividend payment was $0.20 a share, representing a down of -74.68% from $0.79 last year. Its latest decrease dividend $0.59 reported on Wednesday July 19 2023.
Financial Health
The quick ratio of Las Vegas Sands Corp. for the three months ended June 29 was 2.80, and the current ratio was 2.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.43 and a total debt to equity ratio of 3.45 for the quarter ending June 29. Las Vegas Sands Corp.’s EBITDA margin for the year ending June 29 is 6.47%, while its operating margin for the same period stands at 8.40%. Its gross profit as reported stood at $1.65 billion compared to revenue of $4.11 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Las Vegas Sands Corp.’s return on assets was 0.20%.
Earnings Surprise
For the three-month period that ended June 29, Las Vegas Sands Corp. had $14.85 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $312.0 million in the quarter, while revenues were grew 192.95%. The analyst consensus anticipated Las Vegas Sands Corp.’s latest quarter earnings to come in at $0.43 per share, but it turned out to be $0.46, a 7.00% surprise. For the quarter, EBITDA amounted to $855.0 million. Shareholders own equity worth $764.45 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Las Vegas Sands Corp. (LVS) price momentum. RSI 9-day as of the close on 10 August was 44.34%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.18%.
As of today, LVS’s price is $57.57 -1.15% or -$0.67 from its 5-day moving average. LVS is currently trading -4.54% lower than its 20-day SMA and +4.96% higher than its 100-day SMA. However, the stock’s current price level is +4.31% above the SMA50 and +46.92% above the SMA200.
The stochastic %K and %D were 32.59% and 39.79%, respectively, and the average true range (ATR) was 1.45. With the 14-day stochastic at 31.32% and the average true range at 1.48, the RSI (14) stands at 46.40%. The stock has reached -0.86 on the 9-day MACD Oscillator while the 14-day reading was at -0.82.
Analyst Ratings
Jefferies downgraded Las Vegas Sands Corp. (NYSE: LVS) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Las Vegas Sands Corp. (LVS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LVS, while 4 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 13 others rate it as a “buy”.
What is LVS’s price target for the next 12 months?
Analysts predict a range of price targets between $64.00 and $80.50, with a median target of $70.00. Taking a look at these predictions, the average price target given by analysts for Las Vegas Sands Corp. (LVS) stock is $70.71.
