Las Vegas Sands Corp. (NYSE:LVS) had its target price lifted by Argus from $75.00 to $84.00 in a research note released on Tuesday morning, Analyst Ratings.Net reports. They currently have a buy rating on the stock.
A number of other firms have also recently commented on LVS. Analysts at UBS AG raised their price target on shares of Las Vegas Sands Corp. from $68.00 to $78.00 in a research note to investors on Monday. They now have a buy rating on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Las Vegas Sands Corp. to $77.00 in a research note to investors on Monday. Finally, analysts at Zacks reiterated a neutral rating on shares of Las Vegas Sands Corp. in a research note to investors on Monday. They now have a $76.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eighteen have issued a buy rating to the stock. Las Vegas Sands Corp. has a consensus rating of Buy and an average price target of $73.46.
Shares of Las Vegas Sands Corp. (NYSE:LVS) traded up 1.65% on Tuesday, hitting $72.124. 2,141,068 shares of the company’s stock traded hands. Las Vegas Sands Corp. has a 1-year low of $40.28 and a 1-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 $59.372 billion and a price-to-earnings ratio of 27.08.
Las Vegas Sands Corp. (NYSE:LVS) last issued its quarterly earnings data 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. Analysts expect that Las Vegas Sands Corp. will post $2.98 EPS for the current fiscal 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 1.97%. 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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