Las Vegas Sands Corp (NYSE: LVS) is 2.30% higher on its value in year-to-date trading and has touched a low of $36.62 and a high of $55.65 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 LVS stock was last observed hovering at around $51.12 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $50.34, the stock is 20.91% and 24.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.4 million and changing -1.53% at the moment leaves the stock 8.48% off its SMA200. LVS registered 10.52% gain for a year compared to 6-month loss of -5.34%. The firm has a 50-day simple moving average (SMA 50) of $40.6714 and a 200-day simple moving average (SMA200) of $46.4193.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 30.28% gain in the last 1 month and extending the period to 3 months gives it a 17.40%, and is 19.49% up 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 3.48% over the week and 2.53% over the month.
Las Vegas Sands Corp (LVS) has around 38700 employees, a market worth around $37.07B and $11.43B in sales. Current P/E ratio is 23.61 and Fwd P/E is 18.07. Profit margin for the company is 14.08%. Distance from 52-week low is 37.47% and -9.55% from its 52-week high. The company has generated returns on investments over the last 12 months (9.72%).
with sales reaching $2.78B over the same period.The EPS is expected to grow by 29.12% this year, but quarterly earnings will post 10.00% year-over-year. Quarterly sales are estimated to grow 1.80% in year-over-year returns.
Las Vegas Sands Corp (LVS) Top Institutional Holders
915.0 institutions hold shares in Las Vegas Sands Corp (LVS), with institutional investors hold 99.86% of the company’s shares. The shares outstanding are 753.45M, and float is at 385.63M with Short Float at 3.89%. Institutions hold 47.35% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 42.51 million shares valued at $1.88 billion. The investor’s holdings represent 5.6676% of the LVS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.0 million shares valued at $1.24 billion to account for 3.7335 of the shares outstanding. The other top investors are VIKING GLOBAL INVESTORS LP which holds 19.79 million shares representing 2.6381% and valued at over $875.52 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 2.304 of the shares totaling 17.28 million with a market value of $764.65 million.
Las Vegas Sands Corp (LVS) Insider Activity
The most recent transaction is an insider sale by Goldstein Robert G, the company’s Chairman & CEO. SEC filings show that Goldstein Robert G sold 100,000 shares of the company’s common stock on Mar 15 ’24 at a price of $52.06 per share for a total of $5.21 million. Following the sale, the insider now owns 0.17 million shares.
Las Vegas Sands Corp disclosed in a document filed with the SEC on Dec 01 ’23 that Adelson Miriam (10% Owner) sold a total of 34,010,540 shares of the company’s common stock. The trade occurred on Dec 01 ’23 and was made at $43.23 per share for $1.47 billion. Following the transaction, the insider now directly holds 0.0 shares of the LVS stock.
Still, SEC filings show that on Dec 01 ’23, Adelson Miriam (10% Owner) disposed off 12,253,628 shares at an average price of $43.23 for $529.72 million. The insider now directly holds 41,134,164 shares of Las Vegas Sands Corp (LVS).
