The closing price of Wynn Resorts Ltd. (NASDAQ: WYNN) was $101.21 for the day, down -3.79% from the previous closing price of $105.20. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 3756843 shares were traded.
Ratios:
Our analysis of WYNN’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 3.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.85. 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:
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 Feb 09 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. The Director now owns 522 shares after completing the transaction at $105.17 per share. On Feb 08, 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 11.34B and an Enterprise Value of 20.99B. As of this moment, Wynn’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.48, and their Forward P/E ratio for the next fiscal year is 18.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74. Its current Enterprise Value per Revenue stands at 3.21 whereas that against EBITDA is 12.17.
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 97.36, while the 200-Day Moving Average is calculated to be 96.84.
Shares Statistics:
WYNN traded an average of 1.96M shares per day over the past three months and 1.75M shares per day over the past ten days. A total of 111.74M shares are outstanding, with a floating share count of 94.97M. Insiders hold about 15.26% of the company’s shares, while institutions hold 62.72% stake in the company. Shares short for WYNN as of Feb 15, 2024 were 4.31M with a Short Ratio of 2.20, compared to 5.13M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.85% and a Short% of Float of 3.86%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.75, WYNN has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.71%, it implies a Forward Annual Dividend Yield of 0.99%. The stock’s 5-year Average Dividend Yield is 2.28.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. 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 $5.9 and $3.65 for the fiscal current year, implying an average EPS of $4.98. EPS for the following year is $5.56, with 11 analysts recommending between $6.45 and $4.31.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. 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 13 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 $7.18B. In the same quarter a year ago, actual revenue was $6.53B, up 10.00% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $7.42B 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 3.20% from the average revenue estimate for this year.
