Las Vegas Sands Corp. (NYSE:LVS)’s traded shares stood at 1,714,282 during the last session, with the company’s beta value hitting 1.37. At the close of trading, the stock’s price was $57.05, to imply a decline of -2.58% or -$1.51 in intraday trading. The LVS share’s 52-week high remains $74.29, putting it -30.22% down since that peak but still an impressive +41.63% since price per share fell to its 52-week low of $33.3. The company has a valuation of $43.52 Billion, with an average of 5.58 Million shares in intraday trading volume over the past 10 days and average of 5.78 Million shares over the past 3 months.
Analysts have given a consensus recommendation of Overweight for Las Vegas Sands Corp. (LVS), translating to a mean rating of 1.9. Of 19 analyst(s) looking at the stock, none analyst(s) give LVS a Sell rating. 1 of those analysts rate the stock as Overweight while 7 advise Hold as 11 recommend it as a Buy. None analyst(s) have given it an Underweight rating. Estimates put the company’s earnings per share at -$0.29.
Las Vegas Sands Corp. (NYSE:LVS) trade information
After registering a -2.58% downside on the day, Las Vegas Sands Corp. (LVS) has traded red over the past five days. The stock hit a weekly high of $60.20- this Monday, Nov 16, jumping 4.82% in its intraday price action. The 5-day price performance for the stock is -1.68%, and 24.03% over 30 days. With these gigs, the year-to-date price performance is -17%. Short interest in Las Vegas Sands Corp. (NYSE:LVS) saw shorts transact 13.12 Million shares and set a 2.27 days time to cover.
Analysts on Wall Street suggest a consensus price target of $59.35, implying an increase of 4.03% to the stock’s current value. The extremes give us $47 and $73 for target low and target high price respectively. As such, LVS is trading +27.96% off suggested target high and -17.62% from its likely low.
Las Vegas Sands Corp. (LVS) estimates and forecasts
Looking at statistics comparing Las Vegas Sands Corp. share performance against respective industry, we note that the company has underperformed competitors. Las Vegas Sands Corp. (LVS) shares are +24.86% up over the last 6 months, with its year-to-date growth rate lower than industry average at -161.96% against 5.2%. But the company is tempering its growth estimates for the 2020 fiscal year. Revenue is forecast to decline -133% this quarter before jumping 766.7% for the next one. The company projects its revenue will drop -72.5% compared to the previous financial year.
Forecast revenue for the current quarter as set by 12 analysts is $1.31 Billion. Meanwhile, for the quarter ending March 01, 2021, a total of 8 analyst(s) estimate revenue growth to $2.24 Billion. Earnings reports from the last fiscal year show that sales brought in $3.51 Billion for this quarter and $1.78 Billion the next quarter. In this case, analysts estimate current quarter sales to dip -62.6% before jumping 25.6% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings fell an estimated -0.1% for the past 5-year period. While 2020 is set for a 11.4% return in earnings, projections for the next 5 years are at -9.74% annually.
Las Vegas Sands Corp. (NYSE:LVS)’s Major holders
Las Vegas Sands Corp. insiders hold 56.71% of total outstanding shares, with institutional holders owning 39.03% of the shares at 90.15% float percentage. In total, 899 institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Sep 29 this year, the company held over 26.47 Million shares (or 3.47% of shares), all amounting to roughly $1.24 Billion.
The next major institution holding the largest number of shares is Blackrock Inc. with 18.93 Million shares, or about 2.48% of shares outstanding. As of the market price on 44103, these shares were worth $883.42 Million.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Las Vegas Sands Corp. (LVS) shares. Going by data provided on 44011, Vanguard Total Stock Market Index Fund holds roughly 10,895,454 shares. This is just over 1.43% of the total shares, with a market valuation of $496.18 Million. Data from the same date shows that the other fund manager holds a little less at 6.98 Million, or 0.91% of the shares, all valued at about $317.69 Million.