Stocks of Las Vegas Sands Corp (NYSE:LVS) traded higher last session on Wall Street, down -0.66% to $42.14.
LVS stock price is now 9.45% away from the 50-day moving average and -5.54% away from the 200-day moving average. The market capitalization of the company currently stands at $29.78B.
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 $0.97 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 $30.18 and a high of $56.60. As of last week, the company has a debt-to-equity ratio of 5.13, a current ratio of 0.59, and a quick ratio of 0.59.
The net profit margin was 11.64% and return on equity was 39.21% for LVS. The company reported revenue of $2.86 billion for the quarter, compared to $2.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.28 percent.
