The stock of Las Vegas Sands Corp (LVS) has seen a 6.15% increase in the past week, with a -2.46% drop in the past month, and a 8.33% flourish in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 2.18% for LVS. The simple moving average for the past 20 days is 3.71% for LVS’s stock, with a 3.46% simple moving average for the past 200 days.
Is It Worth Investing in Las Vegas Sands Corp (NYSE: LVS) Right Now?
Las Vegas Sands Corp (NYSE: LVS) has a price-to-earnings ratio that is above its average at 33.29x. The stock has a 36-month beta value of 1.17. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for LVS is 410.70M, and at present, short sellers hold a 1.89% of that float. On April 02, 2024, the average trading volume of LVS was 4.52M shares.
LVS) stock’s latest price update
The stock of Las Vegas Sands Corp (NYSE: LVS) has increased by 2.86 when compared to last closing price of 51.70. Despite this, the company has experienced a 6.15% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-13 that Las Vegas Sands Corp. has had a struggle to reach above $50, despite strong performance in post-COVID Asian markets. Las Vegas Sands’ FY23 results show significant growth in revenue, net income, profit margin, and EPS. The company’s market share in Macau has increased, and the Asian gaming outlook for 2024 is speeding towards full pre-COVID recovery.
Analysts’ Opinion of LVS
Many brokerage firms have already submitted their reports for LVS stocks, with Mizuho repeating the rating for LVS by listing it as a “Buy.” The predicted price for LVS in the upcoming period, according to Mizuho is $70 based on the research report published on March 26, 2024 of the current year 2024.
Susquehanna, on the other hand, stated in their research note that they expect to see LVS reach a price target of $59. The rating they have provided for LVS stocks is “Positive” according to the report published on December 15th, 2023.
Jefferies gave a rating of “Hold” to LVS, setting the target price at $65 in the report published on June 08th of the previous year.
LVS Trading at 2.76% from the 50-Day Moving Average
After a stumble in the market that brought LVS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.91% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +3.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.39% upper at present.
During the last 5 trading sessions, LVS rose by +6.15%, which changed the moving average for the period of 200-days by -10.44% in comparison to the 20-day moving average, which settled at $51.37. In addition, Las Vegas Sands Corp saw 8.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LVS starting from Goldstein Robert G, who sale 100,000 shares at the price of $52.06 back on Mar 15 ’24. After this action, Goldstein Robert G now owns 172,801 shares of Las Vegas Sands Corp, valued at $5,206,000 using the latest closing price.
Adelson Miriam, the 10% Owner of Las Vegas Sands Corp, sale 34,010,540 shares at $43.23 during a trade that took place back on Dec 01 ’23, which means that Adelson Miriam is holding 0 shares at $1,470,275,644 based on the most recent closing price.
Stock Fundamentals for LVS
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.5 for the gross margin
The net margin for Las Vegas Sands Corp stands at 0.12. The total capital return value is set at 0.13. Equity return is now at value 30.53, with 5.57 for asset returns.
Based on Las Vegas Sands Corp (LVS), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 3.41. The interest coverage ratio of the stock is 2.85.
Currently, EBITDA for the company is 3.89 billion with net debt to EBITDA at 2.46. When we switch over and look at the enterprise to sales, we see a ratio of 4.72. The receivables turnover for the company is 21.43for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
To sum up, Las Vegas Sands Corp (LVS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
