Taking a Look at the Data Behind Wynn Resorts, Limited (WYNN)

Andrew Cummings
April 28, 2017

The median estimate represents a -0.49% increase from the last price. Annual earnings per share (EPS) growth was at -13.40% in past 5 Years and Long-term annual earnings per share (EPS) growth is projected to achieve 8.00% in coming 5 years. The company is scheduled to announce its next earnings results on Thursday, May 4th. The stock now has a consensus rating of Hold and an average price target of $111.51. Morgan Stanley restated an overweight rating on shares of Wynn Resorts, Limited in a research note on Thursday, January 19th.

Wynn Resorts, Limited (NASDAQ:WYNN) price is pointing towards neither exit nor entry barriers, according to a technical analysis tool called the Relative Strength Index (RSI).

The Las Vegas-based casino operator reported Q1 earnings per share (EPS) of $1.24, which was $0.26 better than the Wall Street consensus estimate of $0.98.

Beat revenue estimates. The company saw revenue figures of $1.48 billion, beating our consensus estimate of $1.34 billion. The firm earned $1.30 billion during the quarter, compared to analysts' expectations of $1.26 billion. During the same quarter in the previous year, the company posted $1.03 earnings per share. Closing price generally refers to the last price at which a stock trades during a regular trading session.

Wynn Resorts, Limited (WYNN - Free Report) just released its first quarter 2017 financial results, posting earnings of $1.24 per share and revenues of $1.48 billion. The correct version of this piece of content can be viewed at https://transcriptdaily.com/2017/04/26/wynn-resorts-limited-wynn-rating-reiterated-by-susquehanna-bancshares-inc.html. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the stock. They now have a United States dollars 135 price target on the stock. The stock's price moved up its 200-day moving average of $5.57. The firm has a market cap of $12.02 billion, a PE ratio of 49.67 and a beta of 1.90.

"TRADEMARK VIOLATION WARNING: "[[title]]" was originally posted by [[site]] and is the sole property of of [[site]]. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of worldwide copyright & trademark law. The Company's Macau Operations include Wynn Macau and Wynn Palace.

The weekly performance is -0.25% for Wynn Resorts, Limited, while the monthly performance measure stands at 5.17%. After a recent check, company stock has been trading near the $116.33 mark. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hedge funds have recently added to or reduced their stakes in the stock. Wynn reported adjusted property EBITDA of $427.5 million, an increase of 42.4% from the first quarter of 2016. Advisory Services Network LLC now owns 1,582 shares of the casino operator's stock worth $154,000 after buying an additional 1,000 shares in the last quarter. Finally, Thornburg Investment Management Inc. increased its stake in shares of Wynn Resorts, Limited by 18.1% in the fourth quarter. Parkwood Ltd Liability invested 0.06% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). State Street Corp now owns 3,281,453 shares of the casino operator's stock worth $283,879,000 after buying an additional 129,976 shares in the last quarter. With 1.54M avg volume, 6 days are for Etsy Incorporated (NASDAQ:ETSY)'s short sellers to cover ETSY's short positions.

A number of large investors have recently bought and sold shares of WYNN.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes.

Wynn Palace generated $476M of revenue during the quarter to help offset lower levels from other properties, while Las Vegas properties generated $413M.

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