The stock price of Las Vegas Sands Corp (NYSE: LVS) has dropped by -0.92 compared to previous close of 45.88. Despite this, the company has seen a fall of -9.86% in its stock price over the last five trading days. The Motley Fool reported 2024-04-19 that Las Vegas Sands’ results weren’t what the market expected, but that may be OK for competitors.
Is It Worth Investing in Las Vegas Sands Corp (NYSE: LVS) Right Now?
Las Vegas Sands Corp (NYSE: LVS) has a higher price-to-earnings ratio of 22.04x compared to its average ratio, The 36-month beta value for LVS is at 1.17. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for LVS is 410.70M, and currently, shorts hold a 1.83% of that float. The average trading volume for LVS on April 22, 2024 was 4.65M shares.
LVS’s Market Performance
LVS’s stock has seen a -9.86% decrease for the week, with a -10.10% drop in the past month and a -6.94% fall in the past quarter. The volatility ratio for the week is 3.25%, and the volatility levels for the past 30 days are at 2.28% for Las Vegas Sands Corp. The simple moving average for the past 20 days is -11.41% for LVS’s stock, with a -10.73% simple moving average for the past 200 days.
Analysts’ Opinion of LVS
Many brokerage firms have already submitted their reports for LVS stocks, with Seaport Research Partners repeating the rating for LVS by listing it as a “Buy.” The predicted price for LVS in the upcoming period, according to Seaport Research Partners is $63 based on the research report published on April 15, 2024 of the current year 2024.
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 -12.93% 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 -30.68% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares sank -9.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.82% lower at present.
During the last 5 trading sessions, LVS fell by -9.86%, which changed the moving average for the period of 200-days by -17.79% in comparison to the 20-day moving average, which settled at $51.07. In addition, Las Vegas Sands Corp saw -7.62% in overturn over a single year, with a tendency to cut further losses.
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:
- 0.24 for the present operating margin
- 0.47 for the gross margin
The net margin for Las Vegas Sands Corp stands at 0.14. The total capital return value is set at 0.16. Equity return is now at value 39.16, with 7.13 for asset returns.
Based on Las Vegas Sands Corp (LVS), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 3.53. The interest coverage ratio of the stock is 3.42.
Currently, EBITDA for the company is 3.89 billion with net debt to EBITDA at 2.22. When we switch over and look at the enterprise to sales, we see a ratio of 3.86. The receivables turnover for the company is 26.69for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
In conclusion, Las Vegas Sands Corp (LVS) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
