An In-Depth Look at Wynn Resorts Ltd’s (WYNN) Stock Performance

The stock of Wynn Resorts Ltd (WYNN) has gone down by -3.41% for the week, with a -2.71% drop in the past month and a 5.57% rise in the past quarter. The volatility ratio for the week is 3.09%, and the volatility levels for the past 30 days are 2.83% for WYNN. The simple moving average for the last 20 days is -4.02% for WYNN stock, with a simple moving average of -2.41% for the last 200 days.

Is It Worth Investing in Wynn Resorts Ltd (NASDAQ: WYNN) Right Now?

Wynn Resorts Ltd (NASDAQ: WYNN) has a price-to-earnings ratio of 10.73x that is above its average ratio. Additionally, the 36-month beta value for WYNN is 1.77. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for WYNN is 88.64M and currently, short sellers hold a 5.52% ratio of that float. The average trading volume of WYNN on December 26, 2024 was 2.98M shares.

WYNN) stock’s latest price update

The stock of Wynn Resorts Ltd (NASDAQ: WYNN) has increased by 0.76 when compared to last closing price of 88.11. Despite this, the company has experienced a -3.41% fall in its stock price over the last five trading sessions. youtube.com reported 2024-12-18 that Allan Zeman, non-executive chairman of Wynn Macau, talks about Macao’s efforts to diversify beyond casinos, and how the territory’s economy is changing.

Analysts’ Opinion of WYNN

Many brokerage firms have already submitted their reports for WYNN stocks, with Morgan Stanley repeating the rating for WYNN by listing it as a “Overweight.” The predicted price for WYNN in the upcoming period, according to Morgan Stanley is $104 based on the research report published on September 27, 2024 of the current year 2024.

Seaport Research Partners, on the other hand, stated in their research note that they expect to see WYNN reach a price target of $116. The rating they have provided for WYNN stocks is “Buy” according to the report published on May 31st, 2024.

Argus gave a rating of “Buy” to WYNN, setting the target price at $110 in the report published on May 23rd of the current year.

WYNN Trading at -4.67% 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 -19.57% of loss for the given period.

Volatility was left at 2.83%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares sank -5.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.59% lower at present.

During the last 5 trading sessions, WYNN fell by -3.46%, which changed the moving average for the period of 200-days by -14.00% in comparison to the 20-day moving average, which settled at $92.50. In addition, Wynn Resorts Ltd saw -2.51% 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 Mulroy Patricia, who sale 2,650 shares at the price of $78.73 back on Sep 16 ’24. After this action, Mulroy Patricia now owns 5,689 shares of Wynn Resorts Ltd, valued at $208,634 using the latest closing price.

MULROY FAMILY TRUST, the Director of Wynn Resorts Ltd, proposed sale 2,650 shares at $78.73 during a trade that took place back on Sep 16 ’24, which means that MULROY FAMILY TRUST is holding shares at $208,634 based on the most recent closing price.

Stock Fundamentals for WYNN

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.39 for the gross margin

The net margin for Wynn Resorts Ltd stands at 0.13. The total capital return value is set at 0.1.

Based on Wynn Resorts Ltd (WYNN), the company’s capital structure generated 1.02 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 -41.89. The interest coverage ratio of the stock is 1.59.

Currently, EBITDA for the company is 1.72 billion with net debt to EBITDA at 5.58. When we switch over and look at the enterprise to sales, we see a ratio of 2.91. The receivables turnover for the company is 18.33for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

Conclusion

In conclusion, Wynn Resorts Ltd (WYNN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.

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