In the preceding three months, 11 analysts have released ratings for Las Vegas Sands LVS, presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 1 | 0 | 0 |
| Last 30D | 2 | 3 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $55.0, a high estimate of $61.00, and a low estimate of $47.00. A decline of 7.35% from the prior average price target is evident in the current average.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Las Vegas Sands by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Carlo Santarelli | Deutsche Bank | Lowers | Buy | $55.00 | $61.00 |
| Chad Beynon | Macquarie | Lowers | Outperform | $56.00 | $58.00 |
| Steven Wieczynski | Stifel | Lowers | Buy | $55.00 | $65.00 |
| Brandt Montour | Barclays | Lowers | Overweight | $52.00 | $57.00 |
| Joseph Stauff | Susquehanna | Lowers | Positive | $51.00 | $59.00 |
| Stephen Grambling | Morgan Stanley | Lowers | Overweight | $55.00 | $59.00 |
| David Katz | Jefferies | Lowers | Hold | $47.00 | $53.00 |
| Carlo Santarelli | Deutsche Bank | Lowers | Buy | $61.00 | $62.00 |
| Chad Beynon | Macquarie | Lowers | Outperform | $58.00 | $60.00 |
| Daniel Politzer | Wells Fargo | Lowers | Overweight | $58.00 | $60.00 |
| Brandt Montour | Barclays | Lowers | Overweight | $57.00 | $59.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Las Vegas Sands. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Las Vegas Sands compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Las Vegas Sands's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Las Vegas Sands's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Las Vegas Sands analyst ratings.
Get to Know Las Vegas Sands Better
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Breaking Down Las Vegas Sands's Financial Performance
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Las Vegas Sands's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 39.58%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Las Vegas Sands's net margin excels beyond industry benchmarks, reaching 16.69%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Las Vegas Sands's ROE excels beyond industry benchmarks, reaching 12.24%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Las Vegas Sands's ROA stands out, surpassing industry averages. With an impressive ROA of 2.3%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Las Vegas Sands's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.53.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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