During the recent session, Las Vegas Sands Corp. (NYSE:LVS)’s traded shares were 2.15 million, with the beta value of the company hitting 1.50. At the last check today, the stock’s price was $40.17, reflecting an intraday gain of 0.30% or $0.12. The 52-week high for the LVS share is $66.76, that puts it down -66.19 from that peak though still a striking 11.4% gain since the share price plummeted to a 52-week low of $35.59. The company’s market capitalization is $29.72B, and the average trade volume was 10.72 million shares over the past three months.
Las Vegas Sands Corp. (LVS) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.10. LVS has a Sell rating from 0 analyst(s) out of 16 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 2 suggest Overweight, and 6 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.19.
Las Vegas Sands Corp. (NYSE:LVS) trade information
Las Vegas Sands Corp. (LVS) registered a 0.30% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.30% in intraday trading to $40.17 this Wednesday, 10/13/21, hitting a weekly high. The stock’s 5-day price performance is 8.98%, and it has moved by 3.46% in 30 days. Based on these gigs, the overall price performance for the year is -10.62%.
The consensus price target of analysts on Wall Street is $55.14, which implies an increase of 27.15% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $38.00 and $73.00 respectively. As a result, LVS is trading at a discount of -81.73% off the target high and 5.4% off the low.
Las Vegas Sands Corp. (LVS) estimates and forecasts
Statistics show that Las Vegas Sands Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Las Vegas Sands Corp. (LVS) shares have gone down -34.65% during the last six months, with a year-to-date growth rate more than the industry average at 58.49% against 22.00. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 71.60% this quarter and then jump 100.00% in the quarter after that. In the rating firms’ projections, revenue will increase 42.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $1.27 billion as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to $1.65 billion by the end of Dec 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $586 million and $1.15 billion respectively. In this case, analysts expect current quarter sales to grow by 116.80% and then jump by 43.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -23.70%. While earnings are projected to return -163.00% in 2021.
Las Vegas Sands Corp. is due to release its next quarterly earnings on October 20. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Las Vegas Sands Corp. (NYSE:LVS)’s Major holders
Las Vegas Sands Corp. insiders own 56.70% of total outstanding shares while institutional holders control 38.89%, with the float percentage being 89.81%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 957 institutions own stock in it. As of Jun 29, 2021, the company held over 28.14 million shares (or 3.68% of all shares), a total value of $1.48 billion in shares.
The next largest institutional holding, with 23.6 million shares, is of Price (T.Rowe) Associates Inc’s that is approximately 3.09% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $1.24 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Las Vegas Sands Corp. (LVS) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Jun 29, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 11.85 million shares. This amounts to just over 1.55 percent of the company’s overall shares, with a $624.2 million market value. The same data shows that the other fund manager holds slightly less at 6.82 million, or about 0.89% of the stock, which is worth about $359.5 million.