Recent extremely meaningful positive changes in investment behavior have benefitted Las Vegas Sands Corp (NYSE: LVS): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Las Vegas Sands Corp (NYSE: LVS) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
LVS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Las Vegas Sands has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Las Vegas Sands has a neutral Appreciation Score of 59 but a very low Power Rating of 10, resulting in the Negative Value Trend Rating.
Recent Price Action
On 9/26/24, Las Vegas Sands Corp (NYSE: LVS) stock enjoyed a very large increase of 8.0%, closing at $48.40. Moreover, trading volume in this advance was exceptionally high at 252% of normal. Relative to the market the stock has been weak over the last nine months but has risen 18.7% during the last week.
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