Las Vegas Sands Corp (NYSE: LVS) Defies Bearish Expectations and Displays Strong Future Potential

In the last trading session, 4.6 million Las Vegas Sands Corp (NYSE:LVS) shares changed hands as the company’s beta touched 1.14. With the company’s per share price at $46.72 changed hands at -$0.3 or -0.64% during last session, the market valuation stood at $34.81B. LVS’s last price was a discount, traded about -35.94% off its 52-week high of $63.51. The share price had its 52-week low at $43.77, which suggests the last value was 6.31% up since then. When we look at Las Vegas Sands Corp’s average trading volume, we note the 3-month average coming to 4.70 million.

Las Vegas Sands Corp (NYSE:LVS) trade information

Instantly LVS was in red as seen at the end of in last trading. With action 5.32%, the performance over the past five days has been green. The drop to weekly highs of 47.55 subtracted -0.64% to the stock’s daily price. The company’s shares are showing year-to-date downside of -5.06%, with the 5-day performance at 5.32% in the green. However, in the 30-day time frame, Las Vegas Sands Corp (NYSE:LVS) is -10.91% down.

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Las Vegas Sands Corp (LVS) estimates and forecasts

Data shows that the Las Vegas Sands Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.34% over the past 6 months, a 39.15% in annual growth rate that is considerably higher than the industry average of 12.80%. Year-over-year growth is forecast to reach 13.70% up from the last financial year.

Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 2.84B. 12 analysts are of the opinion that Las Vegas Sands Corp’s revenue for the current quarter will be 2.94B. The company’s revenue for the corresponding quarters a year ago was 2.54B and 2.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.70%. The estimates for the next quarter sales put growth at 7.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.26%. The 2024 estimates are for Las Vegas Sands Corp earnings to increase by 50.86%, but the outlook for the next 5-year period is at -1.75% per year.

LVS Dividends

Las Vegas Sands Corp is expected to release its next quarterly earnings report in June. The 1.71% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 1.71% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.