Stocks of Las Vegas Sands Corp. (NYSE:LVS) traded higher last session on Wall Street, down -1.65% to $59.49.
According to the data, Las Vegas Sands Corp. (NYSE:LVS) has 19 analysts covering its stock. The consensus rating among analysts is ‘Buy’. LVS stock price is now 1.46% away from the 50-day moving average and 22.09% away from the 200-day moving average. The market capitalization of the company currently stands at $45.58B.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
A total of 3 analysts have issued a hold rating and 15 have given it a buy rating.
In other news, Forman Charles D, Director sold 15,000 shares of the company’s stock on Apr 28. The stock was sold for $947,550 at an average price of $63.17. Upon completion of the transaction, the Director now directly owns 205,984 shares in the company, valued at $12.25 million. Insiders disposed of 78,772,847 shares of company stock worth roughly $4.69 billion over the past 1 year. A total of 56.79% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LVS stock. A new stake in Las Vegas Sands Corp. shares was purchased by AGF MANAGEMENT LTD during the first quarter worth $181,661,000. SCOUT INVESTMENTS, INC. invested $53,614,000 in shares of LVS during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Las Vegas Sands Corp. valued at approximately $42,830,000. POLAR ASSET MANAGEMENT PARTNERS INC. acquired a new stake in LVS for approximately $19,120,000. EAM INVESTORS, LLC purchased a new stake in LVS valued at around $17,626,000 in the second quarter. In total, there are 932 active investors with 41.00% ownership of the company’s stock.
Monday’s opening bell rang with an opening price of $60.65 for Las Vegas Sands Corp. (NYSE: LVS). During the past 12 months, Las Vegas Sands Corp. has had a low of $30.14 and a high of $65.58. As of last week, the company has a debt-to-equity ratio of 3.94, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for LVS is $58.70 and a two-hundred day moving average price translates $48.83 for the stock.
The latest earnings results from Las Vegas Sands Corp. (NYSE: LVS) was released for Mar, 2023. According to the Resorts & Casinos Company, earnings per share came in at $0.28, beating analysts’ expectations of $0.2 by 0.08. This compares to $3.80 EPS in the same period last year. The net profit margin was -10.40% and return on equity was -13.80% for LVS. The company reported revenue of $2.12 billion for the quarter, compared to $943.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 124.81 percent. For the current quarter, analysts expect LVS to generate $2.34B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/26/2020. Investors who held shares on 03/18/2020 were paid a $0.79 dividend.
Leave a Reply