Market cap of Las Vegas Sands Corp. [LVS] reaches 33.07B – now what?

Las Vegas Sands Corp. [NYSE: LVS] surged by $0.48 during the normal trading session on Monday and reaching a high of $44.65 during the day while it closed the day at $43.65. The company report on November 28, 2022 that Sands China Receives the Special Olympics’ Golisano Health Leadership Award.

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Las Vegas Sands

In September, Sands China was awarded the Golisano Health Leadership Award by the Special Olympics for its long-term sponsorship of the Macau Special Olympics’ Healthy Athletes Program. The Golisano Health Leadership Award is the highest honor the Special Olympics gives to health partners and individuals, and Sands China was one of only seven recipients in 2022.

Las Vegas Sands Corp. stock has also gained 0.07% of its value over the past 7 days. However, LVS stock has inclined by 15.20% in the 3 months of the year. Over the past six months meanwhile, it has gained 26.08% and gained 15.97% year-on date.

The market cap for LVS stock reached $33.07 billion, with 764.00 million shares outstanding and 330.09 million shares in the current float. Compared to the average trading volume of 7.08M shares, LVS reached a trading volume of 7572954 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $48.10 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 2.00. 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.

Morgan Stanley have made an estimate for Las Vegas Sands Corp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 21, 2022. The new note on the price target was released on October 13, 2022, representing the official price target for Las Vegas Sands Corp. stock. On July 21, 2022, analysts increased their price target for LVS shares from 43 to 45.

The Average True Range (ATR) for Las Vegas Sands Corp. is set at 1.80, with the Price to Sales ratio for LVS stock in the period of the last 12 months amounting to 8.27. The Price to Book ratio for the last quarter was 8.56, with the Price to Cash per share for the same quarter was set at 7.70.

LVS stock trade performance evaluation

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 0.07. With this latest performance, LVS shares gained by 24.54% in over the last four-week period, additionally plugging by 26.08% over the last 6 months – not to mention a rise of 15.26% 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 62.63, with the RSI for the last a single of trading hit 65.07, and the three-weeks RSI is set at 60.28 for Las Vegas Sands Corp. [LVS]. The present Moving Average for the last 50 days of trading for this stock 39.32, while it was recorded at 42.99 for the last single week of trading, and 37.51 for the last 200 days.

Las Vegas Sands Corp. [LVS]: An insightful look at the core fundamentals

Las Vegas Sands Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

Earnings per share (EPS) analysis for Las Vegas Sands Corp. [LVS] stock

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%.

Las Vegas Sands Corp. [LVS]: Insider Ownership positions

There are presently around $13,453 million, or 41.00% of LVS stock, in the hands of institutional investors. The top three institutional holders of LVS stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 31,854,683, which is approximately 6.919% of the company’s market cap and around 56.80% of the total institutional ownership; VANGUARD GROUP INC, holding 31,535,785 shares of the stock with an approximate value of $1.38 billion in LVS stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.37 billion in LVS stock with ownership of nearly 0.187% of the company’s market capitalization.

249 institutional holders increased their position in Las Vegas Sands Corp. [NYSE:LVS] by around 31,227,139 shares. Additionally, 269 investors decreased positions by around 31,725,127 shares, while 111 investors held positions by with 245,239,742 shares. The mentioned changes placed institutional holdings at 308,192,008 shares, according to the latest SEC report filing. LVS stock had 73 new institutional investments in for a total of 8,152,842 shares, while 62 institutional investors sold positions of 7,548,435 shares during the same period.


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