Susquehanna slashes price target on Las Vegas Sands Corp [LVS] – find out why.

Las Vegas Sands Corp [NYSE: LVS] closed the trading session at $49.51. The company report on January 29, 2024 at 9:15 AM that The 2023 Sands Cares Global Hygiene Kit Build Produces 57,000 Kits for Clean the World and People in Need.

Las Vegas Sands:

The stocks have a year to date performance of 0.61 percent and weekly performance of 1.00 percent. The stock has been moved at -17.22 percent over the last six months. The stock has performed 0.86 percent around the most recent 30 days and changed 5.25 percent over the most recent 3-months.

If compared to the average trading volume of 5.46M shares, LVS reached to a volume of 4925691 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 $63.81 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 1.35. 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.

Susquehanna have made an estimate for Las Vegas Sands Corp shares, keeping their opinion on the stock as Positive, with their previous recommendation back on December 15, 2023.

The Average True Range (ATR) for Las Vegas Sands Corp is set at 1.27, with the Price to Sales ratio for LVS stock in the period of the last 12 months amounting to 3.60. The Price to Book ratio for the last quarter was 8.31, with the Price to Cash per share for the same quarter was set at 7.40. Price to Free Cash Flow for LVS in the course of the last twelve months was 29.94 with Quick ratio for the last quarter at 1.48.

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 1.00. With this latest performance, LVS shares gained by 0.86% in over the last four-week period, additionally sinking by -17.22% over the last 6 months – not to mention a drop of -15.97% 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 51.20, with the RSI for the last a single of trading hit 50.09, and the three-weeks RSI is set at 51.63 for Las Vegas Sands Corp [LVS]. The present Moving Average for the last 50 days of trading for this stock 48.61, while it was recorded at 49.95 for the last single week of trading, and 52.95 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 1.48 and a Current Ratio set at 1.49.

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

With the latest financial reports released by the company, Las Vegas Sands Corp posted 0.28/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 40.00%. 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]: Institutional Ownership

The top three institutional holders of LVS stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in LVS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in LVS stock with ownership which is approximately 5.8325%.