News stories about Las Vegas Sands (NYSE:LVS) have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Las Vegas Sands earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news headlines about the casino operator an impact score of 46.0561973126314 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Las Vegas Sands Corp. for Potential Breaches Of Fiduciary Duty By Its Board of Directors (finance.yahoo.com)
- Las Vegas Sands (LVS) to Release Quarterly Earnings on Tuesday (americanbankingnews.com)
- Take These As A Wake-Up Bell: MGIC Investment Corporation (MTG), Las Vegas Sands Corp. (LVS) – Market Movers (financialqz.com)
- Las Vegas Sands (LVS) Receiving Somewhat Positive News Coverage, Study Finds (nismagazine.com)
- Las Vegas Sands Corp. (NYSE:LVS) – Determine A Stock Value Before Making Any Investment Decision – Nasdaq Journal (press release) (nasdaqjournal.com)
A number of research firms have recently weighed in on LVS. Stifel Nicolaus reaffirmed a “buy” rating and issued a $76.00 price objective on shares of Las Vegas Sands in a research note on Tuesday, January 9th. Zacks Investment Research raised Las Vegas Sands from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a research note on Wednesday, November 8th. Barclays upped their price objective on Las Vegas Sands from $69.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, December 7th. Deutsche Bank upped their price objective on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Finally, Nomura upped their price objective on Las Vegas Sands from $54.00 to $57.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $66.19.
Shares of Las Vegas Sands (NYSE LVS) traded up $0.39 during trading on Tuesday, reaching $71.02. The company had a trading volume of 2,914,000 shares, compared to its average volume of 3,294,522. Las Vegas Sands has a 52 week low of $51.35 and a 52 week high of $72.20. The company has a market capitalization of $57,440.00, a price-to-earnings ratio of 26.80 and a beta of 1.80. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.05 and a current ratio of 1.07.
Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings results on Wednesday, October 25th. The casino operator reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.10. Las Vegas Sands had a return on equity of 31.11% and a net margin of 16.80%. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period in the prior year, the company earned $0.72 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. sell-side analysts predict that Las Vegas Sands will post 2.9 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Thursday, December 21st were paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend was Wednesday, December 20th. Las Vegas Sands’s payout ratio is presently 110.19%.
In other news, Director George Jamieson purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average cost of $66.96 per share, with a total value of $66,960.00. Following the completion of the purchase, the director now owns 6,488 shares in the company, valued at $434,436.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.10% of the stock is currently owned by corporate insiders.
Las Vegas Sands Company Profile
Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.
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