Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Wynn Resorts Ltd. (NASDAQ: WYNN) closed the day trading at $97.06 down -1.78% from the previous closing price of $98.82. In other words, the price has decreased by -$1.78 from its previous closing price. On the day, 1.25 million shares were traded. WYNN stock price reached its highest trading level at $98.77 during the session, while it also had its lowest trading level at $96.19.
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 2.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.93.
On April 04, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $131.
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 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 10877222912 and an Enterprise Value of 19620515840. As of this moment, Wynn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.80, and their Forward P/E ratio for the next fiscal year is 17.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67. Its current Enterprise Value per Revenue stands at 3.004 whereas that against EBITDA is 11.327.
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 -4.90%, while the 200-Day Moving Average is calculated to be 0.64%.
Shares Statistics:
Over the past 3-months, WYNN traded about 1.74M shares per day on average, while over the past 10 days, WYNN traded about 1470610 shares per day. A total of 111.74M shares are outstanding, with a floating share count of 94.86M. Insiders hold about 15.35% of the company’s shares, while institutions hold 62.46% stake in the company. Shares short for WYNN as of 1711584000 were 4983982 with a Short Ratio of 2.86, compared to 1709164800 on 4143704. Therefore, it implies a Short% of Shares Outstanding of 4983982 and a Short% of Float of 4.4699997.
Dividends & Splits
WYNN’s forward annual dividend rate is 1.00, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 0.0075895567The stock’s 5-year Average Dividend Yield is 2.28.
