Las Vegas Sands Corp (NYSE:LVS) saw a downside of -0.98% to close Monday at $45.34 after subtracting -$0.45 on the day. The 5-day average trading volume is 5,617,500 shares of the company’s common stock. It has gained $49.21 in the past week and touched a new high 1 time within the past 5 days. An average of 5,221,915 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,412,684.
LVS’s 1-month performance is -15.05% or -$7.28 on its low of $44.38 reached on 09/25/23. The company’s shares have touched a 52-week low of $33.38 and high of $65.58, with the stock’s rally to the 52-week high happening on 05/01/23. YTD, LVS has lost -5.68% or -$2.73 and has reached a new high 17 times. However, the current price is down -30.86% from the 52-week high price.
Insider Transactions
LVS stock investors last saw insider trading activity on Apr 28.Forman Charles D (Director) most recently sold 15,000 shares at $63.17 per share on Apr 28. This transaction cost the insider $947,550.
Valuation Metrics
LVS stock has a beta of 1.23. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.11 while the price-to-book (PB) in the most recent quarter is 8.00, with the price to cash flow ratio at 77.02.
Las Vegas Sands Corp’s quick ratio for the period ended June 29 was 2.75, with the current ratio over the same period at 2.76. As well, the company’s long term debt to equity for the quarter ending June 29 was 3.43, while the total debt to equity was 3.45. In terms of profitability, the gross margin trailing 12 months is 30.62%. The trailing 12-month EBITDA margin is 6.47% while for the period ending June 29, Las Vegas Sands Corp’s operating margin was 8.98%. The firm’s gross profit as reported stood at $1.65 billion against revenue of $4.11 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 192.95% to $312.0 million, while revenue of $147.0 million was 52.88% off the previous quarter. Analysts expected LVS to announce $0.43 per share in earnings in its latest quarter, but it posted $0.46, representing a 7.00% surprise. EBITDA for the quarter stood at more than $855.0 million. LVS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 18.11 billion, with total debt at $14.92 billion. Shareholders hold equity totaling $764.45 million.
Let’s look briefly at Las Vegas Sands Corp (LVS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 12.54% to suggest the stock is trending oversold, with historical volatility in this time period at 21.22%.
The stock’s 5-day moving average is $46.70, reflecting a -7.68% or -$3.77 change from its current price. LVS is currently trading -13.84% above its 20-day SMA, -28.74% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -25.60% and SMA200 by-3.12%.
Stochastic %K and %D was 6.28% and 3.85% and the average true range (ATR) pointed at 1.32. The RSI (14) points at 18.43%, while the 14-day stochastic is at 11.74% with the period’s ATR at 1.31. The stock’s 9-day MACD Oscillator is pointing at -2.03 and -2.78 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Las Vegas Sands Corp (NYSE: LVS), Jefferies downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for LVS stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate LVS as a “sell,”, while 4 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 12 have offered a “buy” rating.
What is LVS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $64.00 and a high of $80.50, with their median price target at $69.00. Looking at these predictions, the average price target given by analysts is for Las Vegas Sands Corp (LVS) stock is $69.02.
