Las Vegas Sands Corp (NYSE: LVS) has reported earnings for its first fiscal quarter (ending March 31) of $0.66 versus $0.19 for the same period a year ago. E.P.S. were $2.07 for the latest four quarters through March 31 versus $-0.71 for the same period a year ago.
Recent Price Action
On 4/17/24, Las Vegas Sands Corp (NYSE: LVS) stock declined slightly by -0.6%, closing at $50.23. Moreover, exceptionally high trading volume at 232% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LVS is expected to continue to be a major Value Builder.
Las Vegas Sands has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Las Vegas Sands has a neutral Appreciation Score of 53 and a slightly negative Power Rating of 33, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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