In the latest session, Las Vegas Sands Corp (NYSE: LVS) closed at $50.57 down -0.41% from its previous closing price of $50.78. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 3702126 shares were traded.
Ratios:
For a deeper understanding of Las Vegas Sands Corp’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 7.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 3.47 whereas as Long-Term Debt/Eq ratio is at 3.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on December 15, 2023, initiated with a Positive rating and assigned the stock a target price of $59.
On June 08, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $69 to $65.
Wells Fargo reiterated its Overweight rating for the stock on April 20, 2023, while the target price for the stock was revised from $68 to $71.
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 Mar 15 ’24 when Goldstein Robert G sold 100,000 shares for $52.06 per share. The transaction valued at 5,206,000 led to the insider holds 172,801 shares of the business.
Adelson Miriam sold 34,010,540 shares of LVS for $1,470,275,644 on Dec 01 ’23. The 10% Owner now owns 0 shares after completing the transaction at $43.23 per share. On Dec 01 ’23, another insider, Adelson Miriam, who serves as the 10% Owner of the company, sold 12,253,628 shares for $43.23 each. As a result, the insider received 529,724,338 and left with 41,134,164 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, LVS now has a Market Capitalization of 38.11B and an Enterprise Value of 47.03B. As of this moment, Las’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.66, and their Forward P/E ratio for the next fiscal year is 16.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 9.25. Its current Enterprise Value per Revenue stands at 4.53 whereas that against EBITDA is 12.19.
Stock Price History:
Over the past 52 weeks, LVS has reached a high of $65.58, while it has fallen to a 52-week low of $43.77. The 50-Day Moving Average of the stock is 51.57, while the 200-Day Moving Average is calculated to be 51.63.
Shares Statistics:
For the past three months, LVS has traded an average of 4.60M shares per day and 3.85M over the past ten days. A total of 753.45M shares are outstanding, with a floating share count of 410.60M. Insiders hold about 45.52% of the company’s shares, while institutions hold 45.62% stake in the company. Shares short for LVS as of Feb 29, 2024 were 6.35M with a Short Ratio of 1.38, compared to 6.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.84% and a Short% of Float of 1.77%.
Dividends & Splits
According to the company, the forward annual dividend rate for LVS is 0.60, from 0.60 in the trailing year. Against a Trailing Annual Dividend Yield of 1.18%, it implies a Forward Annual Dividend Yield of 1.19%. The stock’s 5-year Average Dividend Yield is 4.75.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.62 for the current quarter, with a high estimate of $0.73 and a low estimate of $0.55, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.62, with high estimates of $0.75 and low estimates of $0.52.
Analysts are recommending an EPS of between $3.19 and $2.27 for the fiscal current year, implying an average EPS of $2.69. EPS for the following year is $3.08, with 13 analysts recommending between $3.61 and $2.43.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $2.95B this quarter.It ranges from a high estimate of $3.02B to a low estimate of $2.88B. As of the current estimate, Las Vegas Sands Corp’s year-ago sales were $1.85B, an estimated increase of 59.60% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $2.97B, an increase of 16.80% less than the figure of $59.60% in the same quarter last year. There is a high estimate of $3.08B for the next quarter, whereas the lowest estimate is $2.87B.
A total of 14 analysts have provided revenue estimates for LVS’s current fiscal year. The highest revenue estimate was $12.78B, while the lowest revenue estimate was $11.8B, resulting in an average revenue estimate of $12.22B. In the same quarter a year ago, actual revenue was $10.37B, up 17.80% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $12.94B in the next fiscal year. The high estimate is $13.43B and the low estimate is $12.17B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
