Las Vegas Sands Corp. [NYSE: LVS] gained 3.56% on the last trading session, reaching $36.69 price per share at the time. The company report on April 27, 2022 that Las Vegas Sands Reports First Quarter 2022 Results.
For the quarter ended March 31, 2022(Compared to the quarter ended March 31, 2021).
– Pandemic-Related Restrictions and Reduced Visitation Continue to Impact Financial Results.
Las Vegas Sands Corp. represents 764.00 million in outstanding shares, while the company has a total market value of $28.23 billion with the latest information. LVS stock price has been found in the range of $34.94 to $36.96.
If compared to the average trading volume of 7.26M shares, LVS reached a trading volume of 7786416 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Las Vegas Sands Corp. [LVS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LVS shares is $47.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LVS stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Las Vegas Sands Corp. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 27, 2022. While these analysts kept the previous recommendation, Stifel raised their target price from $51 to $56. The new note on the price target was released on January 27, 2022, representing the official price target for Las Vegas Sands Corp. stock. Previously, the target price had yet another drop from $65 to $60, while Deutsche Bank kept a Buy rating on LVS stock.
The Average True Range (ATR) for Las Vegas Sands Corp. is set at 1.68, with the Price to Sales ratio for LVS stock in the period of the last 12 months amounting to 7.09. The Price to Book ratio for the last quarter was 14.06, with the Price to Cash per share for the same quarter was set at 2.41.
Trading performance analysis for LVS stock
Las Vegas Sands Corp. [LVS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.10. With this latest performance, LVS shares dropped by -5.61% in over the last four-week period, additionally sinking by -5.46% over the last 6 months – not to mention a drop of -39.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LVS stock in for the last two-week period is set at 48.31, with the RSI for the last a single of trading hit 51.48, and the three-weeks RSI is set at 47.18 for Las Vegas Sands Corp. [LVS]. The present Moving Average for the last 50 days of trading for this stock 38.47, while it was recorded at 35.48 for the last single week of trading, and 39.94 for the last 200 days.
Las Vegas Sands Corp. [LVS]: A deeper dive into fundamental analysis
Las Vegas Sands Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.10.
Las Vegas Sands Corp. [LVS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LVS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Las Vegas Sands Corp. go to -1.75%.
An analysis of insider ownership at Las Vegas Sands Corp. [LVS]
There are presently around $10,269 million, or 37.80% of LVS stock, in the hands of institutional investors. The top three institutional holders of LVS stocks are: VANGUARD GROUP INC with ownership of 35,018,282, which is approximately 21.912% of the company’s market cap and around 9.00% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 34,255,198 shares of the stock with an approximate value of $1.26 billion in LVS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $932.54 million in LVS stock with ownership of nearly -0.778% of the company’s market capitalization.
274 institutional holders increased their position in Las Vegas Sands Corp. [NYSE:LVS] by around 39,375,110 shares. Additionally, 317 investors decreased positions by around 34,567,277 shares, while 89 investors held positions by with 205,943,030 shares. The mentioned changes placed institutional holdings at 279,885,417 shares, according to the latest SEC report filing. LVS stock had 103 new institutional investments in for a total of 3,605,135 shares, while 101 institutional investors sold positions of 7,888,503 shares during the same period.