The stock of Wynn Resorts Ltd. (WYNN) has seen a -2.05% decrease in the past week, with a 0.98% gain in the past month, and a 9.43% flourish in the past quarter. The volatility ratio for the week is 2.47%, and the volatility levels for the past 30 days are at 2.07% for WYNN. The simple moving average for the past 20 days is 1.58% for WYNN’s stock, with a 7.84% simple moving average for the past 200 days.
Is It Worth Investing in Wynn Resorts Ltd. (NASDAQ: WYNN) Right Now?
Wynn Resorts Ltd. (NASDAQ: WYNN) has a price-to-earnings ratio that is above its average at 16.97x. The stock has a 36-month beta value of 1.91. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for WYNN is 94.86M, and at present, short sellers hold a 5.25% of that float. On April 11, 2024, the average trading volume of WYNN was 1.81M shares.
WYNN) stock’s latest price update
The stock of Wynn Resorts Ltd. (NASDAQ: WYNN) has decreased by -2.11 when compared to last closing price of 106.49. Despite this, the company has experienced a -2.05% fall in its stock price over the last five trading sessions. CNBC Television reported 2024-04-05 that The Investment Committee discusses their winners and losers one week into the second quarter.
Analysts’ Opinion of WYNN
Many brokerage firms have already submitted their reports for WYNN stocks, with Mizuho repeating the rating for WYNN by listing it as a “Buy.” The predicted price for WYNN in the upcoming period, according to Mizuho is $131 based on the research report published on April 04, 2024 of the current year 2024.
Susquehanna gave a rating of “Positive” to WYNN, setting the target price at $105 in the report published on December 15th of the previous year.
WYNN Trading at 2.22% 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 -11.56% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +1.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.40% upper at present.
During the last 5 trading sessions, WYNN fell by -2.05%, which changed the moving average for the period of 200-days by +0.04% in comparison to the 20-day moving average, which settled at $102.67. In addition, Wynn Resorts Ltd. saw 14.41% 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 WYNN starting from CAMERON-DOE JULIE, who sale 6,383 shares at the price of $105.27 back on Feb 09 ’24. After this action, CAMERON-DOE JULIE now owns 78,150 shares of Wynn Resorts Ltd., valued at $671,938 using the latest closing price.
Mulroy Patricia, the Director of Wynn Resorts Ltd., sale 960 shares at $105.17 during a trade that took place back on Feb 09 ’24, which means that Mulroy Patricia is holding 522 shares at $100,963 based on the most recent closing price.
Stock Fundamentals for WYNN
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.39 for the gross margin
The net margin for Wynn Resorts Ltd. stands at 0.11. The total capital return value is set at 0.07.
Based on Wynn Resorts Ltd. (WYNN), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at -46.79. The interest coverage ratio of the stock is 1.12.
Currently, EBITDA for the company is 1.63 billion with net debt to EBITDA at 6.11. When we switch over and look at the enterprise to sales, we see a ratio of 3.4. The receivables turnover for the company is 18.64for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.93.
Conclusion
To sum up, Wynn Resorts Ltd. (WYNN) 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
