Las Vegas Sands Corp (LVS) Price Aside, LVS Fundamentals Booming Beyond Compare

The price of Las Vegas Sands Corp (NYSE:LVS) shares last traded on Wall Street fell -0.32% to $49.12.

Based on available information, 17 analysts follow Las Vegas Sands Corp (NYSE:LVS). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $79.00 and a low of $54.00, we find $65.00. Given the previous closing price of $49.28, this indicates a potential upside of 31.9 percent. LVS stock price is now 4.44% away from the 50-day moving average and -10.67% away from the 200-day moving average. The market capitalization of the company currently stands at $37.55B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"


Among analysts, 3 rate the stock a hold while 12 rate it a buy. Brokers who have rated the stock have averaged $66.41 as their price target over the next twelve months.

With the price target reduced from $69 to $65, Jefferies Downgraded its rating from Buy to Hold for Las Vegas Sands Corp (NYSE: LVS).

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 $10.12 million. Insiders disposed of 18,698,216 shares of company stock worth roughly $918.46 million over the past 1 year. A total of 56.58% of the company’s stock is owned by insiders.

A candlestick chart of Las Vegas Sands Corp (NYSE: LVS) showed a price of $49.14 on Thursday morning. During the past 12 months, Las Vegas Sands Corp has had a low of $41.42 and a high of $65.58. As of last week, the company has a debt-to-equity ratio of 3.16, a current ratio of 1.50, and a quick ratio of 1.50. The fifty day moving average price for LVS is $47.02 and a two-hundred day moving average price translates $54.94 for the stock.

The latest earnings results from Las Vegas Sands Corp (NYSE: LVS) was released for Sep, 2023. According to the Resorts & Casinos Company, earnings per share came in at $0.55, beating analysts’ expectations of $0.54 by 0.01. This compares to $0.00 EPS in the same period last year. The net profit margin was 7.87% and return on equity was 15.97% for LVS. The company reported revenue of $2.79 billion for the quarter, compared to $1.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 178.11 percent. For the current quarter, analysts expect LVS to generate $2.9B in revenue.

Related Posts