The stock of Las Vegas Sands Corp (NYSE:LVS) last traded at $44.20, down -1.78% from the previous session.
LVS stock price is now -13.47% away from the 50-day moving average and -5.10% away from the 200-day moving average. The market capitalization of the company currently stands at $32.05B.
With the price target reduced from $54 to $51, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Las Vegas Sands Corp (NYSE: LVS). On January 03, 2025, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $60 to quote $69, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Goldstein Robert G, Chairman & CEO sold 60,187 shares of the company’s stock on Nov 29 ’24. The stock was sold for $3,191,115 at an average price of $53.02. Upon completion of the transaction, the Chairman & CEO now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’24, EVP and Global General Counsel Hudson D. Zachary sold 25,785 shares of the business’s stock. A total of $1,325,349 was realized by selling the stock at an average price of $51.40. A total of 47.25% of the company’s stock is owned by insiders.
During the past 12 months, Las Vegas Sands Corp has had a low of $36.62 and a high of $56.60. As of last week, the company has a debt-to-equity ratio of 4.09, a current ratio of 0.90, and a quick ratio of 0.89. According to the stock market information, the enterprise value for the company is $42070396928, which is based on a 21.97 price-to-earnings ratio, a 1.25 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for LVS is $51.2306 and a two-hundred day moving average price translates $46.61055 for the stock.
The latest earnings results from Las Vegas Sands Corp (NYSE: LVS) was released for 2024-09-30. The net profit margin was 13.29% and return on equity was 37.70% for LVS. The company reported revenue of $2.68 billion for the quarter, compared to $2.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.04 percent. For the current quarter, analysts expect LVS to generate $2.89B in revenue.
