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Wynn Resorts Ltd (WYNN) Stock Could Soon Reward Patient Investors

Wynn Resorts Ltd (NASDAQ: WYNN) is -3.06% lower on its value in year-to-date trading and has touched a low of $65.25 and a high of $107.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WYNN stock was last observed hovering at around $82.98 in the last trading session, with the day’s gains setting it 0.54%.

Currently trading at $83.52, the stock is 7.62% and 2.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 0.65% at the moment leaves the stock -2.43% off its SMA200. WYNN registered -12.33% loss for a year compared to 6-month loss of -13.02%.

The stock witnessed a 19.16% gain in the last 1 month and extending the period to 3 months gives it a 0.40%, and is 2.42% 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 2.84% over the week and 4.43% over the month.

Wynn Resorts Ltd (WYNN) has around 28000 employees, a market worth around $8.87B and $7.13B in sales. Current P/E ratio is 19.56 and Fwd P/E is 15.56. Profit margin for the company is 7.03%. Distance from 52-week low is 28.00% and -22.53% from its 52-week high. The company has generated returns on investments over the last 12 months (4.19%).

The EPS is expected to shrink by -15.17% this year.

Wynn Resorts Ltd (WYNN) Top Institutional Holders

The shares outstanding are 107.82M, and float is at 82.76M with Short Float at 8.45%.

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 9.9417% 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 6.587 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.08 million shares representing 3.6788% 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 FERTITTA TILMAN J, the company’s 10% Owner. SEC filings show that FERTITTA TILMAN J bought 300,000 shares of the company’s common stock on Apr 04 ’25 at a price of $70.37 per share for a total of $21.11 million. Following the purchase, the insider now owns 12.9 million shares.

Wynn Resorts Ltd disclosed in a document filed with the SEC on Apr 07 ’25 that FERTITTA TILMAN J (10% Owner) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Apr 07 ’25 and was made at $67.62 per share for $6.76 million. Following the transaction, the insider now directly holds 13.0 million shares of the WYNN stock.

Still, SEC filings show that on Mar 24 ’25, FERTITTA TILMAN J (10% Owner) acquired 11,475 shares at an average price of $84.93 for $0.97 million. The insider now directly holds 12,600,000 shares of Wynn Resorts Ltd (WYNN).

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