In last trading session, Las Vegas Sands Corp (NYSE:LVS) saw 2.68 million shares changing hands with its beta currently measuring 1.17. Company’s recent per share price level of $50.10 trading at -$0.25 or -0.50% at ring of the bell on the day assigns it a market valuation of $37.76B. That closing price of LVS’s stock is at a discount of -30.9% from its 52-week high price of $65.58 and is indicating a premium of 12.63% from its 52-week low price of $43.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.8 million shares which gives us an average trading volume of 4.58 million if we extend that period to 3-months.
Las Vegas Sands Corp (NYSE:LVS) trade information
Upright in the red during last session for losing -0.50%, in the last five days LVS remained trading in the red while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $50.10 price level, adding 2.64% to its value on the day. Las Vegas Sands Corp’s shares saw a change of 1.81% in year-to-date performance and have moved -1.82% in past 5-day. Las Vegas Sands Corp (NYSE:LVS) showed a performance of -6.62% in past 30-days. Number of shares sold short was 6.35 million shares which calculate 1.43 days to cover the short interests.
Las Vegas Sands Corp (LVS) estimates and forecasts
Statistics highlight that Las Vegas Sands Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 9.29% of value to its shares in past 6 months, showing an annual growth rate of 44.97% while that of industry is 11.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 121.40% in the current quarter and calculating 34.80% increase in the next quarter. This year revenue growth is estimated to rise 17.80% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $2.95 billion for the same. And 10 analysts are in estimates of company making revenue of $2.97 billion in the next quarter that will end on Jun 2024. Company posted $1.85 billion and $2.54 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 59.60% while estimating it to be 16.80% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.26% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 42.52% while estimates for its earnings growth in next 5 years are of -1.75%.
LVS Dividends
Las Vegas Sands Corp is more likely to be releasing its next quarterly report between April 17 and April 22 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Las Vegas Sands Corp (NYSE:LVS)’s Major holders
Insiders are in possession of 51.39% of company’s total shares while institution are holding 46.15 percent of that, with stock having share float percentage of 94.94%. Investors also watch the number of corporate investors in a company very closely, which is 46.15% institutions for Las Vegas Sands Corp that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at LVS for having 36.9 million shares of worth $1.85 billion. And as of Dec 30, 2023, it was holding 4.90% of the company’s outstanding shares.
The second largest institutional holder is Price (T.Rowe) Associates Inc, which was holding about 31.64 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 4.20% of outstanding shares, having a total worth of $1.59 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 11.99 million shares of worth $600.74 million or 1.59% of the total outstanding shares. The later fund manager was in possession of 9.02 million shares on Dec 30, 2023, making its stake of worth around $451.67 million in the company or a holder of 1.20% of company’s stock.
