For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Wynn Resorts Ltd (NASDAQ: WYNN) closed the day trading at $83.32 down -0.57% from the previous closing price of $83.80. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 2.8 million shares were traded. WYNN stock price reached its highest trading level at $86.01 during the session, while it also had its lowest trading level at $82.9.
Ratios:
For a better understanding of WYNN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.53.
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 the company, Morgan Stanley on September 27, 2024, Upgraded its rating to Overweight and sets its target price to $104 from $97 previously.
On May 31, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $116.
Argus Upgraded its Hold to Buy on May 23, 2024, while the target price for the stock was maintained at $110.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when Mulroy Patricia sold 2,650 shares for $78.73 per share. The transaction valued at 208,634 led to the insider holds 5,689 shares of the business.
MULROY FAMILY TRUST bought 2,650 shares of WYNN for $208,634 on Sep 16 ’24. On May 13 ’24, another insider, Myers Margaret Jane, who serves as the Director of the company, sold 2,000 shares for $98.05 each. As a result, the insider received 196,100 and left with 17,797 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 9149786112 and an Enterprise Value of 19283937280. As of this moment, Wynn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.07, and their Forward P/E ratio for the next fiscal year is 16.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28. Its current Enterprise Value per Revenue stands at 2.705 whereas that against EBITDA is 10.542.
Stock Price History:
Over the past 52 weeks, WYNN has reached a high of $110.38, while it has fallen to a 52-week low of $71.63. The 50-Day Moving Average of the stock is -9.01%, while the 200-Day Moving Average is calculated to be -7.97%.
Shares Statistics:
Over the past 3-months, WYNN traded about 2.50M shares per day on average, while over the past 10 days, WYNN traded about 1731080 shares per day. A total of 109.92M shares are outstanding, with a floating share count of 88.64M. Insiders hold about 19.28% of the company’s shares, while institutions hold 68.12% stake in the company. Shares short for WYNN as of 1734048000 were 4890533 with a Short Ratio of 1.96, compared to 1731628800 on 6383143. Therefore, it implies a Short% of Shares Outstanding of 4890533 and a Short% of Float of 4.4799999999999995.
Dividends & Splits
WYNN’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.011933174The stock’s 5-year Average Dividend Yield is 2.28.
