Las Vegas Sands Corp (NYSE: LVS) has seen a decline in its stock price by -0.36 in relation to its previous close of 50.43. However, the company has experienced a -4.18% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-14 that Wall Street Brunch: Oil Market In Focus After Iran Attack On Israel
Is It Worth Investing in Las Vegas Sands Corp (NYSE: LVS) Right Now?
The price-to-earnings ratio for Las Vegas Sands Corp (NYSE: LVS) is 31.46x, which is above its average ratio. Moreover, the 36-month beta value for LVS is 1.15. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 1.83% of that float. On April 16, 2024, LVS’s average trading volume was 4.29M shares.
LVS’s Market Performance
LVS stock saw a decrease of -4.18% in the past week, with a monthly decline of -4.03% and a quarterly a decrease of 1.29%. The volatility ratio for the week is 1.82%, and the volatility levels for the last 30 days are 1.99% for Las Vegas Sands Corp (LVS). The simple moving average for the last 20 days is -2.65% for LVS stock, with a simple moving average of -1.66% for the last 200 days.
Analysts’ Opinion of LVS
Mizuho, on the other hand, stated in their research note that they expect to see LVS reach a price target of $70. The rating they have provided for LVS stocks is “Buy” according to the report published on March 26th, 2024.
Susquehanna gave a rating of “Positive” to LVS, setting the target price at $59 in the report published on December 15th of the previous year.
LVS Trading at -4.04% 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 -23.38% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 1.82%, as shares sank -1.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.18% lower at present.
During the last 5 trading sessions, LVS fell by -4.18%, which changed the moving average for the period of 200-days by -12.96% in comparison to the 20-day moving average, which settled at $51.58. In addition, Las Vegas Sands Corp saw 2.11% 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 4.51. 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 wrap up, the performance of Las Vegas Sands Corp (LVS) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
