Wynn Resorts Ltd. [WYNN] moved down -4.55: Why It’s Important

Wynn Resorts Ltd. [NASDAQ: WYNN] closed the trading session at $99.22.

The stocks have a year to date performance of 8.90 percent and weekly performance of -3.56 percent. The stock has been moved at -0.13 percent over the last six months. The stock has performed 25.67 percent around the most recent 30 days and changed 16.84 percent over the most recent 3-months.

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If compared to the average trading volume of 2.82M shares, WYNN reached to a volume of 4163686 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 Wynn Resorts Ltd. [WYNN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WYNN shares is $115.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WYNN stock is a recommendation set at 1.48. 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 Wynn Resorts Ltd. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 27, 2024. The new note on the price target was released on May 31, 2024, representing the official price target for Wynn Resorts Ltd. stock. Previously, the target price had yet another raise to $110, while Argus analysts kept a Buy rating on WYNN stock.

The Average True Range (ATR) for Wynn Resorts Ltd. is set at 3.18, with the Price to Sales ratio for WYNN stock in the period of the last 12 months amounting to 1.55. Price to Free Cash Flow for WYNN in the course of the last twelve months was 10.94 with Quick ratio for the last quarter at 1.27.

WYNN stock trade performance evaluation

Wynn Resorts Ltd. [WYNN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.56. With this latest performance, WYNN shares gained by 25.67% in over the last four-week period, additionally sinking by -0.13% over the last 6 months – not to mention a rise of 9.90% 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 WYNN stock in for the last two-week period is set at 60.66, with the RSI for the last a single of trading hit 53.87, and the three-weeks RSI is set at 62.43 for Wynn Resorts Ltd. [WYNN]. The present Moving Average for the last 50 days of trading for this stock 83.97, while it was recorded at 103.15 for the last single week of trading, and 92.37 for the last 200 days.

Wynn Resorts Ltd. [WYNN]: An insightful look at the core fundamentals

Wynn Resorts Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.27 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Wynn Resorts Ltd. [WYNN] 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 WYNN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Wynn Resorts Ltd. go to 9.96%.

Wynn Resorts Ltd. [WYNN]: Institutional Ownership

There are presently around $62.27%, or 73.61%% of WYNN stock, in the hands of institutional investors. The top three institutional holders of WYNN stocks are: VANGUARD GROUP INC with ownership of 11.03 million shares, which is approximately 9.934%. BLACKROCK INC., holding 7.31 million shares of the stock with an approximate value of $$654.01 million in WYNN stocks shares; and BLACKROCK INC., currently with $$365.26 million in WYNN stock with ownership which is approximately 3.676%.