There Is Clear Momentum For Las Vegas Sands Corp (NYSE: LVS)

Las Vegas Sands Corp (LVS) concluded trading on Wednesday at a closing price of $43.43, with 9.47 million shares of worth about $411.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.81% during that period and on January 29, 2025 the price saw a gain of about 0.46%. Currently the company’s common shares owned by public are about 725.00M shares, out of which, 382.44M shares are available for trading.

Stock saw a price change of -1.30% in past 5 days and over the past one month there was a price change of -16.43%. Year-to-date (YTD), LVS shares are showing a performance of -15.44% which decreased to -13.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.62 but also hit the highest price of $56.60 during that period. The average intraday trading volume for Las Vegas Sands Corp shares is 4.79 million. The stock is currently trading -6.61% below its 20-day simple moving average (SMA20), while that difference is down -12.91% for SMA50 and it goes to -5.95% lower than SMA200.

Las Vegas Sands Corp (NYSE: LVS) currently have 725.00M outstanding shares and institutions hold larger chunk of about 47.12% of that.

The stock has a current market capitalization of $31.49B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 21.58, while it has posted earnings per share of $2.01 in the same period. Its PEG reads 1.28 and has Quick Ratio of 0.89 while making debt-to-equity ratio of 4.09. 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 1.92% while standing at 2.52% over the month.

Stock’s fiscal year EPS is expected to rise by 20.21% while it is estimated to increase by 14.45% in next year. EPS is likely to grow at an annualized rate of 16.83% 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 Morgan Stanley on January 14, 2025 offering an Equal-weight rating for the stock and assigned a target price range of between $54 and $51 to it. Coverage by Jefferies stated Las Vegas Sands Corp (LVS) stock as a Buy in their note to investors on January 03, 2025, suggesting a price target of $69 for the stock. Stock get a Buy rating from Seaport Research Partners on April 15, 2024.

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