The stock of Las Vegas Sands Corp. (NYSE:LVS) hit a new 52-week high and has $74.33 target or 5.00% above today’s $70.79 share price. The 8 months bullish chart indicates low risk for the $55.96B company. The 1-year high was reported on Dec, 8 by Barchart.com. If the $74.33 price target is reached, the company will be worth $2.80 billion more. The stock increased 1.71% or $1.1895 during the last trading session, reaching $70.7895. About 426,444 shares traded. Las Vegas Sands Corp. (NYSE:LVS) has risen 28.09% since December 8, 2016 and is uptrending. It has outperformed by 11.39% the S&P500.
Caesars Entertainment Corporation, through its subsidiaries, provides casino-entertainment and hospitality services in the United States and internationally. The company has market cap of $8.94 billion. The firm operates through two divisions, Caesars Entertainment Resort Properties, and Caesars Growth Partners Casino Properties and Developments. It currently has negative earnings. It operates 15,000 slot machines and 1,200 table games, as well as other games comprising keno, poker, and race and sports books; and buffets, restaurants, bars, nightclubs, and lounges located throughout the company's casinos, as well as banquets and room service.
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. The company has market cap of $55.96 billion. It owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, The Parisian Macao, the Four Seasons Hotel Macao, Cotai Strip, the Plaza Casino, and the Sands Macao in Macao, the PeopleÂ’s Republic of China; and iconic Marina Bay Sands in Singapore. It has a 27.54 P/E ratio. The firm also owns and operates The Venetian Resort Hotel Casino and The Palazzo Resort Hotel Casino on the Las Vegas Strip; the Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania.
Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on January, 24. They expect $0.75 earnings per share, up 20.97% or $0.13 from last year’s $0.62 per share. LVS’s profit will be $592.86 million for 23.60 P/E if the $0.75 EPS becomes a reality. After $0.77 actual earnings per share reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts -2.60% negative EPS growth.
Among 21 analysts covering Las Vegas Sands (NYSE:LVS), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Las Vegas Sands has $72.0 highest and $42 lowest target. $61.03’s average target is -13.79% below currents $70.7895 stock price. Las Vegas Sands had 51 analyst reports since July 23, 2015 according to SRatingsIntel. As per Wednesday, October 19, the company rating was maintained by Deutsche Bank. The rating was downgraded by Vetr to “Buy” on Thursday, September 17. The firm has “Buy” rating given on Thursday, April 21 by Stifel Nicolaus. As per Thursday, April 27, the company rating was maintained by Telsey Advisory Group. Aegis Capital maintained it with “Buy” rating and $59 target in Thursday, March 23 report. Vetr upgraded Las Vegas Sands Corp. (NYSE:LVS) rating on Wednesday, August 12. Vetr has “Sell” rating and $53.89 target. The rating was maintained by CLSA on Monday, September 19 with “Outperform”. Deutsche Bank maintained Las Vegas Sands Corp. (NYSE:LVS) rating on Thursday, October 26. Deutsche Bank has “Hold” rating and $57 target. The firm has “Outperform” rating given on Friday, April 29 by CLSA. The company was maintained on Thursday, January 26 by Stifel Nicolaus.
Investors sentiment decreased to 1.03 in Q2 2017. Its down 0.13, from 1.16 in 2017Q1. It is negative, as 51 investors sold Las Vegas Sands Corp. shares while 165 reduced holdings. 71 funds opened positions while 151 raised stakes. 290.72 million shares or 1.52% less from 295.21 million shares in 2017Q1 were reported. Carmignac Gestion, France-based fund reported 649,658 shares. Wealthtrust accumulated 0.01% or 318 shares. Comerica Savings Bank reported 0.01% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Amalgamated National Bank & Trust invested in 37,053 shares or 0.08% of the stock. Cwh Cap holds 2.26% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 67,495 shares. Piedmont Advsr Lc holds 0.11% or 76,104 shares. Arrowstreet Capital Partnership holds 0.11% or 590,219 shares in its portfolio. Gulf Intll Bancorp (Uk) Limited holds 0.01% in Las Vegas Sands Corp. (NYSE:LVS) or 8,089 shares. Royal National Bank & Trust Of Canada, a Ontario – Canada-based fund reported 701,112 shares. Asset Mngmt One Ltd reported 675,514 shares. Secor Capital Advisors Lp invested in 0.11% or 18,713 shares. Steinberg Glob Asset Mngmt holds 0.11% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 11,821 shares. Deutsche Bankshares Ag owns 1.19 million shares. Janney Montgomery Scott Limited Liability stated it has 0.07% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS). Natl Pension Service holds 0.16% in Las Vegas Sands Corp. (NYSE:LVS) or 418,991 shares.
Morgens Waterfall Vintiadis & Co Inc holds 5.65% of its portfolio in Caesars Entertainment Corporation for 485,000 shares. Apollo Management Holdings L.P. owns 26.50 million shares or 4.67% of their US portfolio. Moreover, Lorber David A has 2.77% invested in the company for 16,999 shares. The Connecticut-based Frontfour Capital Group Llc has invested 2.7% in the stock. Stepstone Group Lp, a California-based fund reported 346,293 shares.
The stock increased 1.20% or $0.15 during the last trading session, reaching $12.7. About 1.27M shares traded. Caesars Entertainment Corporation (CZR) has risen 62.44% since December 8, 2016 and is uptrending. It has outperformed by 45.74% the S&P500.
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