Las Vegas Sands Corp (NYSE:LVS) shares traded -8.35% lower at $33.37 on Wall Street last session.
LVS stock price is now -22.17% away from the 50-day moving average and -26.63% away from the 200-day moving average. The market capitalization of the company currently stands at $23.58B.
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, Pant Muktesh, Director bought 23,000 shares of the company’s stock on Mar 14 ’25. The stock was bought for $1,000,730 at an average price of $43.51. Upon completion of the transaction, the Director now directly owns 23,000 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 29 ’24, Chairman & CEO Goldstein Robert G sold 60,187 shares of the business’s stock. A total of $3,191,115 was realized by selling the stock at an average price of $53.02. A total of 48.01% of the company’s stock is owned by insiders.
During the past 12 months, Las Vegas Sands Corp has had a low of $35.56 and a high of $56.60. As of last week, the company has a debt-to-equity ratio of 4.83, a current ratio of 0.74, and a quick ratio of 0.73. According to the stock market information, the enterprise value for the company is $34456031232, which is based on a 17.05 price-to-earnings ratio, a 1.31 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for LVS is $42.8728 and a two-hundred day moving average price translates $45.4798 for the stock.
The latest earnings results from Las Vegas Sands Corp (NYSE: LVS) was released for 2024-12-31. The net profit margin was 12.80% and return on equity was 41.30% for LVS. The company reported revenue of $2.9 billion for the quarter, compared to $2.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.65 percent.
