Las Vegas Sands Corp (LVS) concluded trading on Wednesday at a closing price of $53.35, with 3.81 million shares of worth about $203.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.90% during that period and on March 13, 2024 the price saw a gain of about 0.76%. Currently the company’s common shares owned by public are about 753.45M shares, out of which, 410.60M shares are available for trading.
However, the stock later moved at a day high price of 53.79, or with a gain of 0.76%. Stock saw a price change of 5.48% in past 5 days and over the past one month there was a price change of -2.04%. Year-to-date (YTD), LVS shares are showing a performance of 8.41% which decreased to -4.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.77 but also hit the highest price of $65.58 during that period. The average intraday trading volume for Las Vegas Sands Corp shares is 4.77 million. The stock is currently trading 0.56% above its 20-day simple moving average (SMA20), while that difference is up 3.63% for SMA50 and it goes to 3.05% higher than SMA200.
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Las Vegas Sands Corp (NYSE: LVS) currently have 753.45M outstanding shares and institutions hold larger chunk of about 45.62% of that.
The stock has a current market capitalization of $40.21B and its 3Y-monthly beta is at 1.18. PE ratio of stock for trailing 12 months is 33.40, while it has posted earnings per share of $1.60 in the same period. It has Quick Ratio of 1.30 while making debt-to-equity ratio of 3.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LVS, volatility over the week remained 1.84% while standing at 2.32% over the month.
Analysts are in expectations that Las Vegas Sands Corp (LVS) stock would likely to be making an EPS of $0.62 in the current quarter, while forecast for next quarter EPS is $0.62 and it is $3.08 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.55 which is $0.73 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.28 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 42.52% while it is estimated to increase by 14.34% in next year. EPS is likely to grow at an annualized rate of -1.75% for next 5-years, compared to annual growth of -12.26% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on December 15, 2023 offering a Positive rating for the stock and assigned a target price of $59 to it. Coverage by Jefferies stated Las Vegas Sands Corp (LVS) stock as a Hold in their note to investors on June 08, 2023, suggesting a price target of $65 for the stock. On April 20, 2023, Wells Fargo Reiterated their recommendations, while on April 20, 2023, Stifel Reiterated their ratings for the stock with a price target of $73. Stock get an Overweight rating from Morgan Stanley on April 20, 2023.
