Las Vegas Sands Corp (NYSE: LVS)’s stock price has gone rise by 2.64 in comparison to its previous close of 50.08, however, the company has experienced a 4.60% increase in its stock price over the last five trading days. marketbeat.com reported 2024-11-07 that Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It’s hard to believe, but the world’s largest gaming destination, Macau, was only completely reopened in February of 2023 as China finally relaxed its zero-COVID restrictions after three years.
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 above average at 25.55x. The 36-month beta value for LVS is also noteworthy at 1.10. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LVS is 378.86M, and at present, short sellers hold a 4.62% of that float. The average trading volume of LVS on November 26, 2024 was 6.48M shares.
LVS’s Market Performance
LVS’s stock has seen a 4.60% increase for the week, with a -2.58% drop in the past month and a 28.69% gain in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are at 2.09% for Las Vegas Sands Corp. The simple moving average for the past 20 days is 1.80% for LVS’s stock, with a 10.05% simple moving average for the past 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 2.90% 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 -7.65% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -4.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.67% upper at present.
During the last 5 trading sessions, LVS rose by +4.60%, which changed the moving average for the period of 200-days by -4.14% in comparison to the 20-day moving average, which settled at $50.49. In addition, Las Vegas Sands Corp saw 4.45% 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 24,324 shares at the price of $52.00 back on Nov 07 ’24. After this action, Goldstein Robert G now owns 60,187 shares of Las Vegas Sands Corp, valued at $1,264,848 using the latest closing price.
Goldstein Robert G, the Chairman & CEO of Las Vegas Sands Corp, sale 119,221 shares at $53.73 during a trade that took place back on Oct 29 ’24, which means that Goldstein Robert G is holding 84,511 shares at $6,405,744 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
- 0.44 for the gross margin
The net margin for Las Vegas Sands Corp stands at 0.13. The total capital return value is set at 0.16. Equity return is now at value 37.70, with 6.92 for asset returns.
Based on Las Vegas Sands Corp (LVS), the company’s capital structure generated 0.8 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 4.09. The interest coverage ratio of the stock is 3.47.
Currently, EBITDA for the company is 3.92 billion with net debt to EBITDA at 2.31. When we switch over and look at the enterprise to sales, we see a ratio of 4.16. The receivables turnover for the company is 27.4for 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 0.90.
Conclusion
In summary, Las Vegas Sands Corp (LVS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
