Las Vegas Sands (NYSE:LVS) shares traded 2.07% up during most recent session to reach at the closing price of $58.65. The stock exchanged hands 4.16 Million shares versus average trading capacity of 3.52 Million shares, yielding a market cap of $46.47 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $61.65 within the next 52-weeks. The mean target projections are based on 17 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Las Vegas Sands (NYSE:LVS) high price target of $71 and with a conservative view have low price target of $50.
Aegis Capital “Initiates Coverage On” Las Vegas Sands (NYSE:LVS) in a research note issued to investors on 12/22/16 to Buy with price target of $60.
Additionally on 12/16/16 Goldman Sachs “Initiates Coverage On” Las Vegas Sands (NYSE:LVS) to Buy setting price target at 68 and on 10/04/16 Citigroup “Maintained” the stock to Buy at 65. Furthermore on 10/04/16 Bank of America “Upgrades” the stock to Buy.
On the other hand the company has Relative Strength Index (RSI 14) of 56.24 along with Average True Range (ATR 14) of 1.08, Consequently Las Vegas Sands (NYSE:LVS)’s weekly and monthly volatility is 1.67%, 1.73% respectively. The company’s beta value is at 1.79.
In terms of Buy, Sell or Hold recommendations, Las Vegas Sands (NYSE:LVS) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Analysts who have weighed in on projected earnings growth are expecting that Las Vegas Sands (NYSE:LVS) will report earnings of $0.6 for the current quarter on or around 7/24/17, however the company’s high EPS estimates are $0.7 and low estimates are $0.52. However the company reported $0.52 earnings per share for the same quarter during last year.
Previously Las Vegas Sands (NYSE:LVS) reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.04. The company posted an earnings surprise of 6.5%.
While considering growth estimates of the company, it has next quarter growth estimates of -5.6% whereas during current quarter it has 15.4% estimations over growth, comparing to the estimations of 11.2% during current year and 8.5% for next year. Past 5 years growth of Las Vegas Sands (NYSE:LVS) observed at 0.38%, looking forward for the next 5 years it has a strong prediction of 2.8% over growth.
Las Vegas Sands (NYSE:LVS)’s revenue estimates for the current quarter are $2.98 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $3.08 Billion in contradiction of low revenue estimates of $2.8 Billion. For the current year the company’s revenue estimates are $12.34 Billion compared to low analyst estimates of $11.92 Billion and high estimates of $12.64 Billion according to 18 number of analysts.
Currently Las Vegas Sands (NYSE:LVS)’s shares owned by insiders are 20.2%, whereas shares owned by institutional owners are 40.6%. However the six-month change in the insider ownership was recorded -0.11%, as well as three-month change in the institutional ownership was recorded 1.69%.
Las Vegas Sands (NYSE:LVS) 52-week high price stands61.78 and low price stands39.90, its price distance from 52-week high is -5.07% while its distance from 52-week low price is 47%. The stock hit its 52-week high on 11/28/16, and 52-week low on 06/27/16. The company’s trailing twelve month income is 1.83 Billion dollars and is paying 4.98% dividend yield annually.
Las Vegas Sands (NYSE:LVS)’s trailing twelve month revenues are $11.8 Billion, whereas its price to sales ratio for the same period is 3.86. Its book value per share for the most recent quarter is $7.55 while its price to book ratio for the same period is 7.77, as for as the company’s cash per share for the most recent quarter is $2.52, however its price to cash per share ratio for the same period is 23.27. The stock has 5 year expected PEG ratio of 9.1 whereas its trailing twelve month P/E ratio is 25.48.