Wynn Resorts Ltd (NASDAQ: WYNN) is 5.34% higher on its value in year-to-date trading and has touched a low of $71.63 and a high of $110.38 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 $93.47 in the last trading session, with the day’s loss setting it -2.71%.
Currently trading at $90.76, the stock is 7.05% and 5.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.96 million and changing -2.90% at the moment leaves the stock 3.16% off its SMA200. WYNN registered -12.08% loss for a year compared to 6-month gain of 19.39%.
The stock witnessed a 6.58% loss in the last 1 month and extending the period to 3 months gives it a 0.33%, and is 12.79% 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 4.34% over the week and 2.85% over the month.
Wynn Resorts Ltd (WYNN) has around 28000 employees, a market worth around $9.66B and $7.13B in sales. Current P/E ratio is 21.25 and Fwd P/E is 16.21. Profit margin for the company is 7.03%. Distance from 52-week low is 26.71% and -17.77% from its 52-week high. The company has generated returns on investments over the last 12 months (4.19%).
with sales reaching $1.76B over the same period.The EPS is expected to shrink by -11.70% this year, but quarterly earnings will post 0.43% year-over-year. Quarterly sales are estimated to shrink -5.79% in year-over-year returns.
Wynn Resorts Ltd (WYNN) Top Institutional Holders
The shares outstanding are 107.82M, and float is at 85.65M with Short Float at 6.82%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.03 million shares valued at $987.1 million. The investor’s holdings represent 9.934% of the WYNN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.31 million shares valued at $$654.01 million to account for 6.5819 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.08 million shares representing 3.676% and valued at over $365.26 million, while ALKEON CAPITAL MANAGEMENT LLC holds 2.6141 of the shares totaling 2.9 million with a market value of $259.55 million.
Wynn Resorts Ltd (WYNN) Insider Activity
The most recent transaction is an insider purchase by Liu Paul Albert,the company’sDirector. SEC filings show that Liu Paul Albert bought 1,600 shares of the company’s common stock on Feb 19 ’25 at a price of $92.44 per share for a total of $0.15 million. Following the purchase, the insider now owns 1600.0 shares.
Wynn Resorts Ltd disclosed in a document filed with the SEC on Feb 18 ’25 that SATRE PHILIP G (Director) bought a total of 22,200 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $92.18 per share for $2.05 million. Following the transaction, the insider now directly holds 34195.0 shares of the WYNN stock.
Still, SEC filings show that on Sep 16 ’24, Mulroy Patricia (Director) disposed off 2,650 shares at an average price of $78.73 for $0.21 million. The insider now directly holds 5,689 shares of Wynn Resorts Ltd (WYNN).
