On September 21, 2023, an interesting development was observed in the options market for Las Vegas Sands (LVS). A significant position was taken on LVS, with 11 uncommon options trades being detected. These trades consisted of 5 puts, amounting to $251,284, and 6 calls, totaling $1,035,503.
The sentiment among these big-money traders was divided, with 54% expressing a bullish outlook and 45% leaning towards a bearish stance. Today, the mean open interest for LVS options trades stood at 7231.14, with a total volume of 17,549.00.
Over the past three months, these influential traders have been targeting a price range of $28.0 to $55.0 for LVS. This indicates their expectations for the stock’s performance in the near future.
Among the notable options trades, a call sweep bullish trade caught attention, with a sentiment of 44.0K and a total trade price of $825.5K. This particular trade will expire on December 15, 2023, with a strike price of $50.00. Additionally, a put sweep bearish trade was observed, with a sentiment of 2.6K and a total trade price of $61.5K. This trade is set to expire on October 20, 2023, with a strike price of $45.00.
Las Vegas Sands Corp.
LVS
Buy
Updated on: 04/12/2023
Financial Health
Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
Las Vegas Sands Corp (LVS) Stock Performance and Analysis on September 21, 2023
Las Vegas Sands Corp (LVS) is a leading player in the casinos/gaming industry. On September 21, 2023, the stock opened at $46.43, lower than the previous day’s close of $47.91. Throughout the day, the stock fluctuated between a low of $45.75 and a high of $46.87. The trading volume for the day was 5,200,412 shares, higher than the average volume of 4,165,366 shares over the past three months. The market capitalization of LVS stood at $37.3 billion.
In terms of earnings growth, LVS experienced a decline of 6.15% in the previous year. However, the company’s earnings growth for the current year has been impressive, with a growth rate of 271.55%. Looking ahead, analysts expect LVS to achieve a more modest earnings growth rate of 4.98% over the next five years.
The company’s revenue growth in the previous year was negative, showing a decline of 2.93%. Despite this, LVS has managed to maintain a strong position in the industry. The price-to-earnings (P/E) ratio for LVS is quite high, standing at 659.3, indicating that investors are willing to pay a premium for the stock.
LVS has a price/sales ratio of 8.94 and a price/book ratio of 9.60, suggesting that the stock may be overvalued compared to its sales and book value. However, it’s important to note that these ratios should be analyzed in the context of the industry and market conditions.
On September 21, 2023, LVS’s stock performance was in line with the overall trend in the consumer services sector. Other major players in the industry, such as Hilton Worldwide Holdings Inc. (HLTH), Marriott International Inc. (MAR), MGM Resorts International (MGM), and InterContinental Hotels Group PLC (IHG), also experienced declines in their stock prices.
Looking ahead, LVS is scheduled to report its next earnings on October 18, 2023. Analysts forecast an earnings per share (EPS) of $0.57 for the current quarter. In the previous year, LVS recorded an annual revenue of $4.1 billion but incurred a net loss of $1.0 billion. The net profit margin for the company was -25.94%.
Overall, LVS’s stock performance on September 21, 2023, was influenced by factors such as market conditions, industry trends, and company-specific financials. Investors should carefully analyze these factors and consider the company’s future prospects before making any investment decisions.
Promising Performance of LVS Stock on September 21, 2023: Positive Forecasts and Buy Recommendations
LVS Stock Shows Promising Performance on September 21, 2023
On September 21, 2023, Las Vegas Sands Corp (LVS) stock showed promising performance, with analysts offering positive price forecasts. The 15 analysts who provided 12-month price forecasts for LVS have a median target of $69.00, representing a 49.87% increase from the last price of $46.04. The high estimate stands at $80.50, while the low estimate is $64.00.
This positive outlook is further supported by the consensus among 18 polled investment analysts, who recommend buying stock in Las Vegas Sands Corp.
The stock’s performance on September 21, 2023, aligns with these optimistic forecasts and recommendations.
In addition to the analysts’ predictions, it is worth noting that LVS recently reported its current quarter earnings per share (EPS) of $0.57 and sales of $2.7 billion.
Investors can look forward to the upcoming reporting date of October 18, where LVS will provide more detailed insights into its financial performance and prospects.
It is important to consider that stock performance is subject to various factors, including market conditions, industry trends, and company-specific developments. While the current consensus and forecasts are positive, investors should conduct their own research and analysis before making any investment decisions.
Overall, LVS stock’s performance on September 21, 2023, along with the positive price forecasts and buy recommendations from analysts, indicate a promising outlook for Las Vegas Sands Corp.
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