The closing price of Las Vegas Sands Corp (NYSE: LVS) was $51.28 for the day, down -5.94% from the previous closing price of $54.52. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 10343909 shares were traded.
Ratios:
Our analysis of LVS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.74. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 01 when Adelson Miriam sold 34,010,540 shares for $43.23 per share. The transaction valued at 1,470,275,644 led to the insider holds 0 shares of the business.
Adelson Miriam sold 12,253,628 shares of LVS for $529,724,338 on Dec 01. The 10% Owner now owns 41,134,164 shares after completing the transaction at $43.23 per share. On Apr 28, another insider, Forman Charles D, who serves as the Director of the company, sold 15,000 shares for $63.17 each. As a result, the insider received 947,550 and left with 205,984 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 38.65B and an Enterprise Value of 47.57B. As of this moment, Las’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.10, and their Forward P/E ratio for the next fiscal year is 16.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.73 while its Price-to-Book (P/B) ratio in mrq is 9.38. Its current Enterprise Value per Revenue stands at 4.59 whereas that against EBITDA is 12.33.
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 51.09, while the 200-Day Moving Average is calculated to be 52.02.
Shares Statistics:
LVS traded an average of 5.31M shares per day over the past three months and 4.59M shares per day over the past ten days. A total of 753.45M shares are outstanding, with a floating share count of 410.48M. Insiders hold about 45.53% of the company’s shares, while institutions hold 45.62% stake in the company. Shares short for LVS as of Feb 15, 2024 were 7.01M with a Short Ratio of 1.32, compared to 7.65M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.93% and a Short% of Float of 1.95%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.60, LVS has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 1.10%, it implies a Forward Annual Dividend Yield of 1.17%. The stock’s 5-year Average Dividend Yield is 4.75.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $0.62 for the current quarter, with a high estimate of $0.73 and a low estimate of $0.54, 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
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. 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 59.20% 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 $59.20% 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 $12.93B 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.
