Las Vegas Sands Corp. (NYSE:LVS) had its target price boosted by Deutsche Bank from $73.00 to $80.00 in a report issued on Friday, Stock Ratings Network.com reports. They currently have a buy rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse raised their EPS on shares of Las Vegas Sands Corp. in a research note to investors on Friday. They now have an outperform rating and a $80.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. set a $80.00 price target on shares of Las Vegas Sands Corp. in a research note to investors on Friday. Finally, analysts at Stifel Nicolaus raised their price target on shares of Las Vegas Sands Corp. from $76.00 to $84.00 in a research note to investors on Friday. They now have a buy rating on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eighteen have issued a buy rating to the company. Las Vegas Sands Corp. presently has an average rating of Buy and an average price target of $73.08.
Shares of Las Vegas Sands Corp. (NYSE:LVS) traded down 1.31% during mid-day trading on Friday, hitting $72.27. The stock had a trading volume of 4,877,599 shares. Las Vegas Sands Corp. has a 1-year low of $40.28 and a 1-year high of $73.24. The stock has a 50-day moving average of $65.3 and a 200-day moving average of $58.20. The company has a market cap of $59.493 billion and a P/E ratio of 27.95.
Las Vegas Sands Corp. (NYSE:LVS) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.82 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.08. The company had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the company posted $0.46 earnings per share. Las Vegas Sands Corp.’s revenue was up 31.7% compared to the same quarter last year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Wednesday, December 18th.
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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