In the latest session, Wynn Resorts Ltd. (NASDAQ: WYNN) closed at $99.96 down -0.12% from its previous closing price of $100.08. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 1157160 shares were traded.
Ratios:
For a deeper understanding of Wynn Resorts Ltd.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.93.
On December 15, 2023, Susquehanna started tracking the stock assigning a Positive rating and target price of $105.
On October 23, 2023, HSBC Securities started tracking the stock assigning a Buy rating and target price of $111.HSBC Securities initiated its Buy rating on October 23, 2023, with a $111 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 09 ’24 when CAMERON-DOE JULIE sold 6,383 shares for $105.27 per share. The transaction valued at 671,938 led to the insider holds 78,150 shares of the business.
Mulroy Patricia sold 960 shares of WYNN for $100,963 on Feb 09 ’24. The Director now owns 522 shares after completing the transaction at $105.17 per share. On Feb 08 ’24, another insider, Billings Craig Scott, who serves as the CEO of the company, sold 19,235 shares for $108.00 each. As a result, the insider received 2,077,380 and left with 307,904 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WYNN now has a Market Capitalization of 11.20B and an Enterprise Value of 20.85B. As of this moment, Wynn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.27, and their Forward P/E ratio for the next fiscal year is 18.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72. Its current Enterprise Value per Revenue stands at 3.19 whereas that against EBITDA is 12.09.
Stock Price History:
Over the past 52 weeks, WYNN has reached a high of $117.86, while it has fallen to a 52-week low of $81.65. The 50-Day Moving Average of the stock is 99.58, while the 200-Day Moving Average is calculated to be 96.67.
Shares Statistics:
For the past three months, WYNN has traded an average of 1.88M shares per day and 1.72M over the past ten days. A total of 111.74M shares are outstanding, with a floating share count of 94.85M. Insiders hold about 15.37% of the company’s shares, while institutions hold 62.73% stake in the company. Shares short for WYNN as of Feb 29, 2024 were 4.14M with a Short Ratio of 2.21, compared to 4.96M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.70% and a Short% of Float of 3.71%.
Dividends & Splits
According to the company, the forward annual dividend rate for WYNN is 1.00, from 0.75 in the trailing year. Against a Trailing Annual Dividend Yield of 0.75%, it implies a Forward Annual Dividend Yield of 1.00%. The stock’s 5-year Average Dividend Yield is 2.28.
Earnings Estimates
There are 10 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.24 for the current quarter, with a high estimate of $1.62 and a low estimate of $0.78, while EPS last year was $0.29. The consensus estimate for the next quarter is $1.12, with high estimates of $1.37 and low estimates of $0.84.
Analysts are recommending an EPS of between $5.96 and $3.65 for the fiscal current year, implying an average EPS of $5.06. EPS for the following year is $5.55, with 12 analysts recommending between $6.45 and $4.31.
Revenue Estimates
A total of 11 analysts believe the company’s revenue will be $1.77B this quarter.It ranges from a high estimate of $1.82B to a low estimate of $1.7B. As of the current estimate, Wynn Resorts Ltd.’s year-ago sales were $1.37B, an estimated increase of 29.00% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $1.73B, an increase of 12.60% less than the figure of $29.00% in the same quarter last year. There is a high estimate of $1.78B for the next quarter, whereas the lowest estimate is $1.68B.
A total of 14 analysts have provided revenue estimates for WYNN’s current fiscal year. The highest revenue estimate was $7.42B, while the lowest revenue estimate was $6.97B, resulting in an average revenue estimate of $7.2B. In the same quarter a year ago, actual revenue was $6.53B, up 10.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $7.44B in the next fiscal year. The high estimate is $7.79B and the low estimate is $7.14B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.
