The stock of Wynn Resorts Ltd. (WYNN) has seen a -2.22% decrease in the past week, with a -9.00% drop in the past month, and a -17.98% decrease in the past quarter. The volatility ratio for the week is 1.64%, and the volatility levels for the past 30 days are at 1.72% for WYNN. The simple moving average for the last 20 days is -4.65% for WYNN stock, with a simple moving average of -8.61% for the last 200 days.
Is It Worth Investing in Wynn Resorts Ltd. (NASDAQ: WYNN) Right Now?
The price-to-earnings ratio for Wynn Resorts Ltd. (NASDAQ: WYNN) is above average at 11.58x. The 36-month beta value for WYNN is also noteworthy at 1.82. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The public float for WYNN is 94.95M, and at present, short sellers hold a 3.49% of that float. The average trading volume of WYNN on July 02, 2024 was 1.69M shares.
WYNN) stock’s latest price update
The stock price of Wynn Resorts Ltd. (NASDAQ: WYNN) has plunged by -1.52 when compared to previous closing price of 87.67, but the company has seen a -2.22% decline in its stock price over the last five trading sessions. investorplace.com reported 2024-06-20 that Investing in large-cap stocks has proven to be a successful strategy for investors seeking growth while preserving stability. However, large-cap companies often experience less explosive growth than their smaller counterparts.
Analysts’ Opinion of WYNN
Many brokerage firms have already submitted their reports for WYNN stocks, with Seaport Research Partners repeating the rating for WYNN by listing it as a “Buy.” The predicted price for WYNN in the upcoming period, according to Seaport Research Partners is $116 based on the research report published on May 31, 2024 of the current year 2024.
Argus, on the other hand, stated in their research note that they expect to see WYNN reach a price target of $110. The rating they have provided for WYNN stocks is “Buy” according to the report published on May 23rd, 2024.
WYNN Trading at -7.94% 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 -23.09% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares sank -9.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.31% lower at present.
During the last 5 trading sessions, WYNN fell by -2.44%, which changed the moving average for the period of 200-days by -11.84% in comparison to the 20-day moving average, which settled at $90.11. In addition, Wynn Resorts Ltd. saw -5.24% 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 WYNN starting from ATKINS BETSY S, who sale 2,446 shares at the price of $94.39 back on May 28 ’24. After this action, ATKINS BETSY S now owns 9,226 shares of Wynn Resorts Ltd., valued at $230,878 using the latest closing price.
CAMERON-DOE JULIE, the CFO of Wynn Resorts Ltd., sale 6,383 shares at $105.27 during a trade that took place back on Feb 09 ’24, which means that CAMERON-DOE JULIE is holding 78,150 shares at $671,938 based on the most recent closing price.
Stock Fundamentals for WYNN
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.39 for the gross margin
The net margin for Wynn Resorts Ltd. stands at 0.12. The total capital return value is set at 0.1.
Based on Wynn Resorts Ltd. (WYNN), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -93.8. The interest coverage ratio of the stock is 1.39.
Currently, EBITDA for the company is 1.63 billion with net debt to EBITDA at 5.31. When we switch over and look at the enterprise to sales, we see a ratio of 2.88. The receivables turnover for the company is 23.46for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In summary, Wynn Resorts Ltd. (WYNN) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
