Las Vegas Sands Corp (NYSE: LVS) is 6.18% higher on its value in year-to-date trading and has touched a low of $36.62 and a high of $56.60 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 $51.28 in the last trading session, with the day’s gains setting it 0.97%.
Currently trading at $52.25, the stock is -1.51% and 0.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.65 million and changing 1.89% at the moment leaves the stock 11.85% off its SMA200. LVS registered 9.88% gain for a year compared to 6-month gain of 16.53%. The firm has a 50-day simple moving average (SMA 50) of $51.8472 and a 200-day simple moving average (SMA200) of $46.7128.
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The stock witnessed a 4.69% loss in the last 1 month and extending the period to 3 months gives it a 24.02%, and is -3.01% 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 3.33% over the week and 2.49% over the month.
Las Vegas Sands Corp (LVS) has around 38700 employees, a market worth around $38.60B and $11.32B in sales. Current P/E ratio is 25.97 and Fwd P/E is 19.08. Profit margin for the company is 13.29%. Distance from 52-week low is 42.68% and -7.69% from its 52-week high. The company has generated returns on investments over the last 12 months (10.22%).
with sales reaching $2.91B over the same period.The EPS is expected to grow by 23.52% this year, but quarterly earnings will post 9.08% year-over-year. Quarterly sales are estimated to shrink -0.20% in year-over-year returns.
Las Vegas Sands Corp (LVS) Top Institutional Holders
896.0 institutions hold shares in Las Vegas Sands Corp (LVS), with institutional investors hold 101.52% of the company’s shares. The shares outstanding are 725.00M, and float is at 382.44M with Short Float at 7.02%. Institutions hold 47.30% 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 60,187 shares of the company’s common stock on Nov 29 ’24 at a price of $53.02 per share for a total of $3.19 million. Following the sale, the insider now owns 0.0 shares.
Las Vegas Sands Corp disclosed in a document filed with the SEC on Nov 27 ’24 that Hudson D. Zachary (EVP and Global General Counsel) sold a total of 25,785 shares of the company’s common stock. The trade occurred on Nov 27 ’24 and was made at $51.40 per share for $1.33 million. Following the transaction, the insider now directly holds 0.0 shares of the LVS stock.
Still, SEC filings show that on Nov 27 ’24, Hudson D. Zachary (Officer) Proposed Sale 25,785 shares at an average price of $51.40 for $1.33 million. The insider now directly holds shares of Las Vegas Sands Corp (LVS).
