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Things appear to be looking up for Wynn Resorts Ltd. (WYNN)

Wynn Resorts Ltd. (NASDAQ: WYNN) is 1.93% higher on its value in year-to-date trading and has touched a low of $81.65 and a high of $112.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WYNN stock was last observed hovering at around $93.14 in the last trading session, with the day’s loss setting it -0.27%.

Currently trading at $92.87, the stock is -2.38% and -5.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -0.29% at the moment leaves the stock -2.26% off its SMA200. WYNN registered -9.89% loss for a year compared to 6-month gain of 12.53%.

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The stock witnessed a -4.44% loss in the last 1 month and extending the period to 3 months gives it a -10.04%, and is -2.15% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.52% over the week and 1.61% over the month.

Wynn Resorts Ltd. (WYNN) has around 27800 employees, a market worth around $10.41B and $6.97B in sales. Current P/E ratio is 12.45 and Fwd P/E is 15.41. Profit margin for the company is 12.36%. Distance from 52-week low is 13.74% and -17.27% from its 52-week high. The company has generated returns on investments over the last 12 months (7.55%).

The EPS is expected to grow by 37.10% this year.

Wynn Resorts Ltd. (WYNN) Top Institutional Holders

The shares outstanding are 111.74M, and float is at 94.95M with Short Float at 3.40%.

Wynn Resorts Ltd. (WYNN) Insider Activity

The most recent transaction is an insider sale by ATKINS BETSY S,the company’sDirector. SEC filings show that ATKINS BETSY S sold 2,446 shares of the company’s common stock on May 28 ’24 at a price of $94.39 per share for a total of $0.23 million. Following the sale, the insider now owns 9226.0 shares.

Wynn Resorts Ltd. disclosed in a document filed with the SEC on Feb 09 ’24 that CAMERON-DOE JULIE (CFO) sold a total of 6,383 shares of the company’s common stock. The trade occurred on Feb 09 ’24 and was made at $105.27 per share for $0.67 million. Following the transaction, the insider now directly holds 78150.0 shares of the WYNN stock.

Still, SEC filings show that on Feb 09 ’24, Mulroy Patricia (Director) disposed off 960 shares at an average price of $105.17 for $0.1 million. The insider now directly holds 522 shares of Wynn Resorts Ltd. (WYNN).

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