The Wynn Resorts, Limited (NASDAQ:WYNN) is going down by -2.02% in today’s trading session, a fall equivalent to -2.36% of the stock’s price from yesterday’s market close. A news came out 3 hours ago stating that Wynn Resorts Announces Private Offering of $750 Million of Wynn Resorts Finance Senior Notes Due 2029 by WSJ. The lowest point that the shares touched during the trading session was $113.81, while the peak of the day was recorded at a share price of $116.90. WYNN finished the previous session at $116.89 according to the data provided by Barchart, while the trading volume was observed to be $1,224,934.
In the 100 days of trading, WYNN managed to top a 122.99% Moving average. Additionally, Wynn Resorts, Limited shares have achieved a 52-week range between 90.06 and 151.50 alongside 100 days raw stochastic set at 32.65%.
The number of shares outstanding, according to the fundamentals of the company, is set at 107.51M, equal to the value of $12.57B in market capitalization. In the last 30 days, Wynn Resorts, Limited shares went down by -2.36%, adding 117.99 to growth in value, on top of a +12.92% boost since 08/09/19.
Wynn Resorts, Limited (NASDAQ:WYNN) Analyst’s Estimates
Wynn Resorts, Limited (WYNN) could record at least $1.32 per share in quarterly earnings in the upcoming report on 11/06/2019, a number that would actually represent an increase of 20.86% YOY.
According to the average analyst rating, Wynn Resorts, Limited would be rated as Overweight. Out of 18 different analysts monitoring WYNN stock, 10 analysts rate the stock as a BUY, 6 suggest to give the rating of HOLD, 2 indicate that WYNN is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On May-10-19, the stock earned a Reiterated rating due to a new analyst call from Telsey Advisory Group, while analysts from BofA/Merrill believe that the stock is set at Buy from Neutral, as concluded on Apr-25-19. BofA/Merrill, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on Apr-17-19.
Jefferies, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Apr-08-19, giving the stock a Buy from the Hold rating.
WYNN Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +30.97% has been attained, while the operating margin has been recorded at +18.65%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.38%. Beta value of the stock is recorded at 2.06. Additionally, Wynn Resorts, Limited is recording price volatility of 2.60% for the period of the last seven days and 3.21% in the last 30 days.
Wynn Resorts, Limited (NASDAQ:WYNN) Technical Outlook
For the period of the last 50 days, Wynn Resorts, Limited had its Raw Stochastic average set at 33.57% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 82.58%. Stochastic %K for Wynn Resorts, Limited, with the last 20 days included, was set at 91.43%, having Stochastic %D topping 84.70%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Wynn Resorts, Limited stocks with recording 18.18% in metrics.
Wynn Resorts, Limited Insider Watch:
As far as the position of shares issued by Wynn Resorts, Limited (NASDAQ:WYNN) for the period concluded at the market close of 09/10/19, 205 institutional investors increased their positions in WYNN shares by 10,713,890, 235 decreased positions by 13,821,239 and 79 institutional investors decided to hold positions at 59,717,202. These numbers put the complete list of institutional holdings set at 84,252,331 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 58 institutional investments with 3,135,217 new shares in addition to having 70 institutional investors selling their positions in 1,898,813 shares.