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

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Las Vegas Sands Corp [NYSE: LVS] stock went on an upward path that rose over 0.60% on Monday, amounting to a one-week price increase of more than 0.65%.

Over the last 12 months, LVS stock dropped by -17.72%. The one-year Las Vegas Sands Corp stock forecast points to a potential upside of 24.04. The average equity rating for LVS stock is currently 1.52, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $29.65 billion, with 753.45 million shares outstanding and 385.63 million shares in the current float. Compared to the average trading volume of 6.57M shares, LVS stock reached a trading volume of 3908092 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $53.00 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 1.52. 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.

UBS have made an estimate for Las Vegas Sands Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 23, 2024. The new note on the price target was released on August 15, 2024, representing the official price target for Las Vegas Sands Corp stock. Previously, the target price had yet another raise to $63, while Seaport Research Partners analysts kept a Buy rating on LVS stock.

The Average True Range (ATR) for Las Vegas Sands Corp is set at 0.91, with the Price to Sales ratio for LVS stock in the period of the last 12 months amounting to 2.59. The Price to Book ratio for the last quarter was 7.89, with the Price to Cash per share for the same quarter was set at 6.40. Price to Free Cash Flow for LVS in the course of the last twelve months was 13.57 with Quick ratio for the last quarter at 1.57.

LVS Stock Performance Analysis:

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 0.65. With this latest performance, LVS shares gained by 0.32% in over the last four-week period, additionally sinking by -21.11% over the last 6 months – not to mention a drop of -17.72% 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 53.53, with the RSI for the last a single of trading hit 58.21, and the three-weeks RSI is set at 50.36 for Las Vegas Sands Corp [LVS]. The present Moving Average for the last 50 days of trading for this stock 40.11, while it was recorded at 39.67 for the last single week of trading, and 46.48 for the last 200 days.

Insight into Las Vegas Sands Corp Fundamentals:

Las Vegas Sands Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.57 and a Current Ratio set at 1.58.

LVS Stock EPS

With the latest financial reports released by the company, Las Vegas Sands Corp posted 0.55/share EPS, while the average EPS was predicted by analysts to be reported at 0.54/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 13.27%.

Las Vegas Sands Corp [LVS] Institutonal Ownership Details

There are presently around $47.35%, or 99.85%% of LVS stock, in the hands of institutional investors. The top three institutional holders of LVS stocks are: VANGUARD GROUP INC with ownership of 42.51 million shares, which is approximately 5.6676%. BLACKROCK INC., holding 28.0 million shares of the stock with an approximate value of $$1.24 billion in LVS stocks shares; and BLACKROCK INC., currently with $$875.52 million in LVS stock with ownership which is approximately 2.6381%.

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