Wynn Resorts Ltd (NASDAQ:WYNN) shares, rose in value, with the stock price up by 8.90% to the previous day’s close as strong demand from buyers drove the stock to $87.63.
Actively observing the price movement in the recent trading, the stock is buoying the session at $80.47, falling within a range of $83.525 and $88.55. The value of beta (5-year monthly) is 1.802 whereas the PE ratio is 10.59 over 12-month period. Referring to stock’s 52-week performance, its high was $110.38, and the low was $71.63. On the whole, WYNN has fluctuated by 6.33% over the past month.
With the market capitalization of Wynn Resorts Ltd currently standing at about $9.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 1.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.19B, with a low estimate of 1.75B and a high estimate of 1.76B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.75B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WYNN’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% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 3.11, with the price of WYNN currently trading nearly 5.08% and 1.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.80, while the 7-day volatility ratio is showing 2.47% which for the 30-day chart, stands at 2.36%. Furthermore, Wynn Resorts Ltd (WYNN)’s beta value is 1.78, and its average true range (ATR) is 2.86.
A comparison of Wynn Resorts Ltd (WYNN) with its peers suggests the former has fared considerably weaker in the market. WYNN showed an intraday change of 8.90% in today’s session so far, and over the past year, it shrunk by -15.90%%.
Data on historical trading for Wynn Resorts Ltd (NASDAQ:WYNN) indicates that the trading volumes over the past 10 days have averaged 3.25 and over the past 3 months, they’ve averaged 2.38 million. According to company’s latest data on outstanding shares, there are 109.92 million shares outstanding.
Nearly 19.47% of Wynn Resorts Ltd’s shares belong to company insiders and institutional investors own 64.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.84 million shares as on 2025-01-31, resulting in a short ratio of 2.51. According to the data, the short interest in Wynn Resorts Ltd (WYNN) stood at 534.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 5.43 million. The stock has risen by 1.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WYNN stock heading into the next quarter.
