2 weeks Ago By ABMN Staff
Shares of Las Vegas Sands Corp. ( NYSE:LVS – Get Free Report ) have been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are covering the stock, Marketbeat.com reports.
Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $58.00.
Several brokerages have weighed in on LVS. JPMorgan Chase & Co. increased their price objective on Las Vegas Sands from $53.
00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Susquehanna increased their price target on Las Vegas Sands from $51.
00 to $59.00 and gave the stock a “positive” rating in a research note on Wednesday, October 16th. Wells Fargo & Company boosted their price objective on Las Vegas Sands from $53.
00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday, October 1st. Argus lowered shares of Las Vegas Sands from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th.
Finally, Barclays lifted their target price on shares of Las Vegas Sands from $52.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, October 17th.
Read Our Latest Report on Las Vegas Sands Insider Transactions at Las Vegas Sands Institutional Investors Weigh In On Las Vegas Sands Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Las Vegas Sands by 0.
6% in the 1st quarter. Vanguard Group Inc. now owns 37,107,775 shares of the casino operator’s stock worth $1,918,472,000 after buying an additional 209,589 shares during the last quarter.
CANADA LIFE ASSURANCE Co grew its position in Las Vegas Sands by 7.8% in the first quarter. CANADA LIFE ASSURANCE Co now owns 211,320 shares of the casino operator’s stock worth $10,929,000 after acquiring an additional 15,216 shares in the last quarter.
Clearbridge Investments LLC increased its stake in Las Vegas Sands by 2.0% in the first quarter. Clearbridge Investments LLC now owns 641,682 shares of the casino operator’s stock valued at $33,175,000 after acquiring an additional 12,500 shares during the last quarter.
Assenagon Asset Management S.A. raised its position in Las Vegas Sands by 7,647.
7% during the second quarter. Assenagon Asset Management S.A.
now owns 443,325 shares of the casino operator’s stock valued at $19,617,000 after purchasing an additional 437,603 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Las Vegas Sands during the second quarter worth about $619,000. 39.
16% of the stock is owned by hedge funds and other institutional investors. Las Vegas Sands Price Performance LVS opened at $50.64 on Friday.
Las Vegas Sands has a fifty-two week low of $36.62 and a fifty-two week high of $55.65.
The firm has a 50-day moving average of $47.75 and a 200 day moving average of $44.59.
The company has a debt-to-equity ratio of 3.09, a quick ratio of 0.89 and a current ratio of 0.
90. The firm has a market cap of $36.72 billion, a P/E ratio of 24.
94, a PEG ratio of 1.32 and a beta of 1.11.
Las Vegas Sands ( NYSE:LVS – Get Free Report ) last released its earnings results on Wednesday, October 23rd. The casino operator reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.
53 by ($0.09). Las Vegas Sands had a net margin of 13.
29% and a return on equity of 44.26%. The company had revenue of $2.
68 billion for the quarter, compared to the consensus estimate of $2.79 billion. During the same period in the prior year, the company earned $0.
55 earnings per share. The firm’s revenue was down 4.0% on a year-over-year basis.
On average, research analysts expect that Las Vegas Sands will post 2.33 EPS for the current year. Las Vegas Sands Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 13th.
Stockholders of record on Tuesday, November 5th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, November 5th.
This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.58%.
Las Vegas Sands’s dividend payout ratio (DPR) is currently 39.60%. About Las Vegas Sands ( Get Free Report Las Vegas Sands Corp.
, together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People’s Republic of China; and Marina Bay Sands in Singapore. Further Reading Receive News & Ratings for Las Vegas Sands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Las Vegas Sands and related companies with MarketBeat.
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