Las Vegas Sands Corp (LVS) Shares Down Despite Recent Market Volatility

The stock of Las Vegas Sands Corp (NYSE: LVS) has decreased by -0.74 when compared to last closing price of 51.55.Despite this, the company has seen a loss of -2.10% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-20 that Red Rock Resorts is poised for growth with an undervalued real estate portfolio and strong market share in the Las Vegas locals market. RRR’s operational efficiency, strategic land bank, and high-quality assets position it to capitalize on Las Vegas’s growing affluent population. The company’s new Durango property and North Folk development are key growth drivers, expected to significantly boost EBITDA and market presence.

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 24.00x compared to its average ratio. LVS has 36-month beta value of 1.12. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 0 as “sell.”

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The public float for LVS is 385.63M, and currently, short sellers hold a 4.61% ratio of that float. The average trading volume of LVS on October 22, 2024 was 6.76M shares.

LVS’s Market Performance

LVS stock saw an increase of -2.10% in the past week, with a monthly gain of 21.89% and a quarterly increase of 24.41%. The volatility ratio for the week is 1.63%, and the volatility levels for the last 30 days are 2.64% for Las Vegas Sands Corp (LVS). The simple moving average for the last 20 days is 0.56% for LVS’s stock, with a simple moving average of 9.72% for the last 200 days.

Analysts’ Opinion of LVS

Many brokerage firms have already submitted their reports for LVS stocks, with UBS repeating the rating for LVS by listing it as a “Neutral.” The predicted price for LVS in the upcoming period, according to UBS is $49 based on the research report published on August 23, 2024 of the current year 2024.

Seaport Research Partners gave a rating of “Buy” to LVS, setting the target price at $63 in the report published on April 15th of the current year.

LVS Trading at 15.13% 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 -8.06% of loss for the given period.

Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +21.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.67% upper at present.

During the last 5 trading sessions, LVS fell by -2.10%, which changed the moving average for the period of 200-days by +1.83% in comparison to the 20-day moving average, which settled at $50.88. In addition, Las Vegas Sands Corp saw 3.98% 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:

  • 0.24 for the present operating margin
  • 0.44 for the gross margin

The net margin for Las Vegas Sands Corp stands at 0.14. The total capital return value is set at 0.15. Equity return is now at value 39.81, with 7.42 for asset returns.

Based on Las Vegas Sands Corp (LVS), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 3.66. The interest coverage ratio of the stock is 3.62.

Currently, EBITDA for the company is 3.89 billion with net debt to EBITDA at 2.16. When we switch over and look at the enterprise to sales, we see a ratio of 4.09. The receivables turnover for the company is 26.22for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.

Conclusion

To put it simply, Las Vegas Sands Corp (LVS) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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