Streetbeat News

LVS

Las Vegas Sands Corp.

https://www.sands.com

Industry

Gambling, Resorts & Casinos

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.

Open

48.45

Mkt cap

35B

Volume

4.8M

High

48.78

P/E Ratio

23.74

52-wk high

55.66

Low

47.73

Div yield

0.02

52-wk low

36.62

Stifel analyst Steven Wieczynski maintains a Buy rating on Las Vegas Sands (NYSE:LVS) but lowers the price target from $65 to $55.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:01 pm

Barclays analyst Brandt Montour maintains an Overweight rating on Las Vegas Sands (NYSE:LVS) but lowers the price target from $57 to $52.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:50 pm

Susquehanna analyst Joseph Stauff maintains a Positive rating on Las Vegas Sands (NYSE:LVS) but lowers the price target from $59 to $51.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:31 pm

Nasdaq and S&P futures are sliding due to negative tech earnings and anticipation of Q2 GDP data. Disappointing earnings from STMicroelectronics and Teradyne are dragging the tech sector. SPDR S&P 500 ETF Trust and Invesco QQQ ETF are also down in premarket trading. Analysts suggest caution with small-cap cyclicals despite recent outperformance.

Portfolio Pulse from Shanthi Rexaline

July 25, 2024 | 11:23 am

Las Vegas Sands Corp. (NYSE:LVS) reported worse-than-expected Q2 results, with earnings and sales missing analyst estimates. The company saw growth in both Macao and Singapore, but shares dipped 3.27% after-hours.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 8:44 pm

Las Vegas Sands shares are trading lower following a Q2 earnings miss.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:29 pm

Las Vegas Sands (NYSE:LVS) reported Q2 2024 earnings per share of $0.55, missing the analyst estimate of $0.56. The company also reported sales of $2.76 billion, falling short of the $2.80 billion estimate. Despite the misses, sales increased by 8.62% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:07 pm

US stocks are expected to open lower due to disappointing earnings from Tesla and Alphabet. Tesla's earnings were considered low quality, and Alphabet's increased capex for AI raised concerns. Small-cap stocks, however, showed resilience and rose. Key economic data releases are anticipated.

Portfolio Pulse from Shanthi Rexaline

July 24, 2024 | 11:43 am

Tesla, Alphabet, GM, and Ford are among the key companies reporting earnings this week, which could influence the market's direction. Tesla is expected to report a significant decline in EPS due to price cuts, while Alphabet's earnings will be closely watched as it is the first AI-levered mega-cap to report. The market has seen a pullback, with major indices like QQQ and SPY retreating from record highs.

Portfolio Pulse from Shanthi Rexaline

July 21, 2024 | 9:18 pm

13 analysts have provided mixed ratings for Las Vegas Sands (NYSE:LVS) in the latest quarter, with a majority being somewhat bullish. The average 12-month price target has decreased by 2.54% to $61.08. Several analysts have lowered their price targets, while a few have raised them. The company's financial metrics, including revenue growth, net margin, ROE, and ROA, are strong compared to industry averages.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 4:00 pm

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