Las Vegas Sands Corp (NYSE:LVS) shares, rose in value, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $40.86.
Actively observing the price movement in the recent trading, the stock is buoying the session at $41.22. The PE ratio was 22.77 over 12-month period. Referring to stock’s 52-week performance, its high was $56.60, and the low was $30.18. On the whole, LVS has fluctuated by 11.43% over the past month.
With the market capitalization of Las Vegas Sands Corp currently standing at about $28.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.90, with its dividend yield at 2.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.81B, with a low estimate of 2.75B and a high estimate of 2.92B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.83B.
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 Hold 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 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.50, with the price of LVS currently trading nearly 0.42% and 7.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.76, while the 7-day volatility ratio is showing 3.03% which for the 30-day chart, stands at 2.23%. Furthermore, Las Vegas Sands Corp (LVS)’s beta value is 1.02, and its average true range (ATR) is 1.18.
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 -0.87% in today’s session so far, and over the past year, it shrunk by -8.65%%.
Data on historical trading for Las Vegas Sands Corp (NYSE:LVS) indicates that the trading volumes over the past 3 months, they’ve averaged 6.40 million. According to company’s latest data on outstanding shares, there are 707.00 million shares outstanding.
Nearly 48.01% of Las Vegas Sands Corp’s shares belong to company insiders and institutional investors own 45.05% of the company’s shares. The stock has fallen by -20.44% 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.
