Las Vegas Sands Corp. [LVS] is 5.37% higher this YTD. Is it still time to buy?

Las Vegas Sands Corp. [NYSE: LVS] gained 11.81% or 4.19 points to close at $39.66 with a heavy trading volume of 25130668 shares. The company report on September 14, 2022 that Sands Submits Macao Gaming Tender Application.


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Proposal Focuses on Commitment to New Investment in Macao over the Next Decade and Highlights Track-Record of Support for Team Members, Local Small Businesses and the Macao Community.

Las Vegas Sands Corp. (NYSE: LVS) and Sands China Ltd. today announced the submission of the Sands China group’s application for a new 10-year gaming concession in Macao.  The tender submission highlights both the unprecedented level of investment Sands China has made in Macao, specifically in non-gaming tourism amenities and attractions, as well as detailing the organization’s plans for continuing to help broaden Macao’s appeal as an international tourist destination.

It opened the trading session at $38.87, the shares rose to $40.50 and dropped to $38.37, the range by which the price of stock traded the whole day. The daily chart for LVS points out that the company has recorded 1.17% gains over the past six months. However, it is still -37.33% lower than its most recent low trading price.

If we look at the average trading volume of 6.00M shares, LVS reached to a volume of 25130668 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 $46.77 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 2.20. 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.

Jefferies have made an estimate for Las Vegas Sands Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 26, 2022. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $43 to $45. The new note on the price target was released on July 21, 2022, representing the official price target for Las Vegas Sands Corp. stock. Previously, the target price had yet another raise to $39, while Barclays analysts kept a Overweight rating on LVS stock. On January 27, 2022, analysts increased their price target for LVS shares from 41 to 45.

The Average True Range (ATR) for Las Vegas Sands Corp. is set at 1.87, with the Price to Sales ratio for LVS stock in the period of the last 12 months amounting to 7.83. The Price to Book ratio for the last quarter was 7.22, with the Price to Cash per share for the same quarter was set at 8.49.

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 2.16. With this latest performance, LVS shares gained by 1.51% in over the last four-week period, additionally plugging by 1.17% over the last 6 months – not to mention a rise of 7.48% 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 57.28, with the RSI for the last a single of trading hit 59.83, and the three-weeks RSI is set at 55.92 for Las Vegas Sands Corp. [LVS]. The present Moving Average for the last 50 days of trading for this stock 37.74, while it was recorded at 37.26 for the last single week of trading, and 37.68 for the last 200 days.

Las Vegas Sands Corp. [LVS]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Las Vegas Sands Corp. [LVS] shares currently have an operating margin of -15.19 and a Gross Margin at +13.39. Las Vegas Sands Corp.’s Net Margin is presently recorded at -27.26.

Return on Equity for this stock declined to -46.45, with Return on Assets sitting at -5.65.

Las Vegas Sands Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.30 and a Current Ratio set at 3.30.

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 $12,278 million, or 40.90% of LVS stock, in the hands of institutional investors. The top three institutional holders of LVS stocks are: VANGUARD GROUP INC with ownership of 31,665,525, which is approximately -10.896% of the company’s market cap and around 0.10% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 31,364,364 shares of the stock with an approximate value of $1.24 billion in LVS stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.18 billion in LVS stock with ownership of nearly 1.502% of the company’s market capitalization.

Positions in Las Vegas Sands Corp. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 260 institutional holders increased their position in Las Vegas Sands Corp. [NYSE:LVS] by around 43,514,957 shares. Additionally, 301 investors decreased positions by around 25,089,206 shares, while 98 investors held positions by with 240,977,928 shares. The mentioned changes placed institutional holdings at 309,582,091 shares, according to the latest SEC report filing. LVS stock had 71 new institutional investments in for a total of 14,235,042 shares, while 92 institutional investors sold positions of 4,899,660 shares during the same period.

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