Wynn Resorts Limited (NASDAQ:WYNN) went down by -9.52% from its latest closing price compared to the recent 1-year high of $143.88. The company’s stock price has collected 3.17% of gains in the last five trading sessions. Barron’s reported 15 min ago that Wynn, Las Vegas Sands Slide as Macau to Boost Casino Supervision
Is It Worth Investing in Wynn Resorts Limited (NASDAQ :WYNN) Right Now?
Plus, the 36-month beta value for WYNN is at 2.42. Opinions of the stock are interesting as 5 analysts out of 13 who provided ratings for Wynn Resorts Limited declared the stock was a “buy,” while 2 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $123.64, which is $29.12 above the current price. WYNN currently public float of 105.45M and currently shorts hold a 5.99% ratio of that float. Today, the average trading volume of WYNN was 3.12M shares.
WYNN’s Market Performance
WYNN stocks went up by 3.17% for the week, with a monthly jump of 6.46% and a quarterly performance of -17.18%, while its annual performance rate touched 26.03%. The volatility ratio for the week stands at 4.60% while the volatility levels for the past 30 days are set at 3.31% for Wynn Resorts Limited. The simple moving average for the period of the last 20 days is -5.10% for WYNN stocks with a simple moving average of -19.85% for the last 200 days.
Analysts’ Opinion of WYNN
Citigroup, on the other hand, stated in their research note that they expect to see WYNN reach a price target of $120. The rating they have provided for WYNN stocks is “Buy” according to the report published on August 05th, 2021.
Citigroup gave a rating of “Neutral” to WYNN, setting the target price at $126 in the report published on May 11th of the current year.
WYNN Trading at -8.25% from the 50-Day Moving Average
After a stumble in the market that brought WYNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.92% of loss for the given period.
Volatility was left at 3.31%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares surge +1.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.88% lower at present.
During the last 5 trading sessions, WYNN fell by -10.40%, which changed the moving average for the period of 200-days by -5.47% in comparison to the 20-day moving average, which settled at $98.72. In addition, Wynn Resorts Limited saw -8.29% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at WYNN starting from Mulroy Patricia, who sale 400 shares at the price of $97.13 back on Aug 11. After this action, Mulroy Patricia now owns 8,107 shares of Wynn Resorts Limited, valued at $38,852 using the latest closing price.
Whittemore Ellen F, the EVP and General Counsel of Wynn Resorts Limited, sale 1,500 shares at $135.00 during a trade that took place back on Jun 01, which means that Whittemore Ellen F is holding 37,355 shares at $202,500 based on the most recent closing price.
Stock Fundamentals for WYNN
Current profitability levels for the company are sitting at:
- -58.47 for the present operating margin
- -17.79 for the gross margin
The net margin for Wynn Resorts Limited stands at -98.63. The total capital return value is set at -9.93, while invested capital returns managed to touch -17.02.
When we switch over and look at the enterprise to sales, we see a ratio of 10.23, with the company’s debt to enterprise value settled at 0.62. The receivables turnover for the company is 7.67 and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.