Las Vegas Sands Corp (NYSE:LVS) shares, rose in value on Wednesday, January 22, with the stock price down by -3.00% to the previous day’s close as strong demand from buyers drove the stock to $44.00.
Actively observing the price movement in the last trading, the stock closed the session at $45.36, falling within a range of $43.87 and $45.18. The value of beta (5-year monthly) was 1.117 whereas the PE ratio was 21.87 over 12-month period. Referring to stock’s 52-week performance, its high was $56.60, and the low was $36.62. On the whole, LVS has fluctuated by -13.76% over the past month.
With the market capitalization of Las Vegas Sands Corp currently standing at about $31.90 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 1.82%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.29B, with a low estimate of 2.75B and a high estimate of 2.97B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LVS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.30, with the price of LVS currently trading nearly -9.52% and -12.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.50, while the 7-day volatility ratio is showing 2.65% which for the 30-day chart, stands at 2.50%. Furthermore, Las Vegas Sands Corp (LVS)’s beta value is 1.08, and its average true range (ATR) is 1.41.
A comparison of Las Vegas Sands Corp (LVS) with its peers suggests the former has fared considerably weaker in the market. LVS showed an intraday change of -3.00% in last session, and over the past year, it shrunk by -9.93%%.
Data on historical trading for Las Vegas Sands Corp (NYSE:LVS) indicates that the trading volumes over the past 10 days have averaged 4.95 and over the past 3 months, they’ve averaged 4.85 million. According to company’s latest data on outstanding shares, there are 725.00 million shares outstanding.
Nearly 47.25% of Las Vegas Sands Corp’s shares belong to company insiders and institutional investors own 46.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.96 million shares as on 2024-12-31, resulting in a short ratio of 5.64. According to the data, the short interest in Las Vegas Sands Corp (LVS) stood at 607.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 26.84 million. The stock has fallen by -14.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LVS stock heading into the next quarter.
