Las Vegas Sands Corp (NYSE:LVS) Stock Has Fallen -3.99% YTD, What Do Analysts Anticipate Next?

In recent trading session, Las Vegas Sands Corp (NYSE:LVS) saw 4.39 million shares changing hands at last check today with its beta currently measuring 1.11. Company’s recent per share price level of $47.24 trading at $2.42 or 5.41% at last check today assigns it a market valuation of $34.79B. That most recent trading price of LVS’s stock is at a discount of -17.8% from its 52-week high price of $55.65 and is indicating a premium of 22.48% from its 52-week low price of $36.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.17 million shares which gives us an average trading volume of 6.36 million if we extend that period to 3-months.

For Las Vegas Sands Corp (LVS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Las Vegas Sands Corp (NYSE:LVS) trade information

Upright in the green today for gaining 5.41%, in the last five days LVS remained trading in the green while hitting it’s week-highest on Thursday, 09/26/24 when the stock touched $47.24 price level, adding 3.06% to its value on the day. Las Vegas Sands Corp’s shares saw a change of -3.99% in year-to-date performance and have moved 12.22% in past 5-day. Las Vegas Sands Corp (NYSE:LVS) showed a performance of 18.29% in past 30-days. Number of shares sold short was 15.01 million shares which calculate 2.4 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 57 to the stock, which implies a rise of 17.12% to its recent value today. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 70. It follows that stock’s current price would jump 15.33% in reaching the projected high whereas dropping to the targeted low would mean a gain of 15.33% for stock’s current value.

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 lost -8.23% of value to its shares in past 6 months, showing an annual growth rate of 29.63% while that of industry is 5.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

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 29.63% while estimates for its earnings growth in next 5 years are of 13.27%.

LVS Dividends

Las Vegas Sands Corp is more likely to be releasing its next quarterly report on 2024-Oct-16 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. With an annual yield of 1.69%, the share has a forward dividend of 0.80 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.75%.

Las Vegas Sands Corp (NYSE:LVS)’s Major holders

Insiders are in possession of 52.58% of company’s total shares while institution are holding 47.35 percent of that, with stock having share float percentage of 99.86%. Investors also watch the number of corporate investors in a company very closely, which is 47.35% 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 42.51 million shares of worth $1.88 billion. And as of 2024-06-30, it was holding 5.6676 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 28.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.7335 of outstanding shares, having a total worth of $1.24 billion.