Las Vegas Sands Corp. (NYSE:LVS) was downgraded by stock analysts at ISI Group to a “neutral” rating in a report issued on Monday, AnalystRatingsNetwork reports.
LVS has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Las Vegas Sands Corp. (NYSE:LVS) in a research note to investors on Thursday. They now have a $67.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Las Vegas Sands Corp. (NYSE:LVS) from $65.00 to $73.00 in a research note to investors on Wednesday, September 11th. They now have a “buy” rating on the stock. Finally, analysts at UBS AG set a $68.00 price target on shares of Las Vegas Sands Corp. (NYSE:LVS) in a research note to investors on Wednesday, September 11th. They now have a “buy” rating on the stock.
One analyst has rated the stock with a sell rating, five have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Las Vegas Sands Corp. currently has an average rating of “Buy” and an average price target of $64.71.
Las Vegas Sands Corp. (NYSE:LVS) opened at 63.54 on Monday. Las Vegas Sands Corp. has a one year low of $40.28 and a one year high of $63.98. The stock’s 50-day moving average is $57.58 and its 200-day moving average is $55.64. The company has a market cap of $52.355 billion and a P/E ratio of 27.87. Las Vegas Sands Corp. also was the recipient of unusually large options trading activity on Friday. Traders acquired 13,545 put options on the company. This represents an increase of 104% compared to the typical daily volume of 6,650 put options.
Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.04. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.30 billion. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Analysts expect that Las Vegas Sands Corp. will post $2.89 EPS for the current fiscal year.
In other Las Vegas Sands Corp. news, EVP Robert G. Goldstein unloaded 81,268 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $63.67, for a total value of $5,174,333.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Las Vegas Sands Corp. is a developer of destination properties (NYSE:LVS) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.
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