In the latest quarter, 13 analysts provided ratings for Las Vegas Sands LVS, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 7 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 5 | 5 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.08, a high estimate of $75.00, and a low estimate of $53.00. Observing a downward trend, the current average is 2.54% lower than the prior average price target of $62.67.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Las Vegas Sands among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Daniel Politzer | Wells Fargo | Lowers | Overweight | $58.00 | $60.00 |
| Brandt Montour | Barclays | Lowers | Overweight | $57.00 | $59.00 |
| Steven Wieczynski | Stifel | Lowers | Buy | $65.00 | $70.00 |
| Carlo Santarelli | Deutsche Bank | Lowers | Buy | $62.00 | $66.00 |
| George Choi | Citigroup | Raises | Buy | $75.00 | $74.00 |
| Brandt Montour | Barclays | Lowers | Overweight | $59.00 | $60.00 |
| David Katz | Jefferies | Lowers | Hold | $53.00 | $54.00 |
| Ben Chaiken | Mizuho | Lowers | Buy | $65.00 | $70.00 |
| Daniel Politzer | Wells Fargo | Lowers | Overweight | $60.00 | $62.00 |
| Joseph Greff | JP Morgan | Lowers | Overweight | $55.00 | $59.00 |
| Vitaly Umansky | Seaport Global | Announces | Buy | $63.00 | - |
| Brandt Montour | Barclays | Raises | Overweight | $60.00 | $57.00 |
| Stephen Grambling | Morgan Stanley | Raises | Overweight | $62.00 | $61.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Las Vegas Sands. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Las Vegas Sands compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Las Vegas Sands's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Las Vegas Sands's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Las Vegas Sands analyst ratings.
About Las Vegas Sands
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.
Unraveling the Financial Story of Las Vegas Sands
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Las Vegas Sands's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 39.58%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Las Vegas Sands's net margin is impressive, surpassing industry averages. With a net margin of 16.69%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Las Vegas Sands's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.24%, the company showcases efficient use of equity capital and strong financial health.
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 the industry average at 3.53, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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