Las Vegas Sands Corp. (NYSE:LVS) Given Average Recommendation of “Moderate Buy” by Analysts

Las Vegas Sands Corp. (NYSE:LVS) has received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $62.29.

LVS has been the subject of a number of research reports. Macquarie reduced their price target on shares of Las Vegas Sands from $60.00 to $58.00 and set an “outperform” rating for the company in a research report on Tuesday. Wells Fargo & Company reduced their price target on shares of Las Vegas Sands from $60.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, July 2nd. Mizuho reduced their price target on shares of Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Stifel Nicolaus reduced their price target on shares of Las Vegas Sands from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Finally, Barclays reduced their price target on shares of Las Vegas Sands from $59.00 to $57.00 and set an “overweight” rating for the company in a research report on Friday, June 7th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LVS. Bank & Trust Co acquired a new position in Las Vegas Sands in the 2nd quarter valued at $29,000. Delos Wealth Advisors LLC purchased a new stake in shares of Las Vegas Sands during the 4th quarter valued at $33,000. Venturi Wealth Management LLC grew its stake in shares of Las Vegas Sands by 150.4% during the 4th quarter. Venturi Wealth Management LLC now owns 681 shares of the casino operator’s stock valued at $34,000 after buying an additional 409 shares during the period. Mizuho Securities Co. Ltd. purchased a new stake in shares of Las Vegas Sands during the 4th quarter valued at $39,000. Finally, Accent Capital Management LLC purchased a new stake in shares of Las Vegas Sands during the 4th quarter valued at $39,000. 39.16% of the stock is currently owned by institutional investors and hedge funds.

Las Vegas Sands Price Performance

Shares of LVS opened at $42.32 on Friday. Las Vegas Sands has a twelve month low of $41.17 and a twelve month high of $61.25. The stock’s 50 day moving average is $44.61 and its two-hundred day moving average is $48.59. The firm has a market capitalization of $31.53 billion, a PE ratio of 20.44, a P/E/G ratio of 0.74 and a beta of 1.12. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 2.96.

Las Vegas Sands (NYSE:LVS) last announced its quarterly earnings data on Wednesday, April 17th. The casino operator reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.13. Las Vegas Sands had a return on equity of 42.34% and a net margin of 13.99%. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the company earned $0.28 EPS. The firm’s revenue for the quarter was up 34.9% compared to the same quarter last year. Research analysts anticipate that Las Vegas Sands will post 2.69 earnings per share for the current year.

Las Vegas Sands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 7th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, May 6th. This represents a $0.80 annualized dividend and a yield of 1.89%. Las Vegas Sands’s dividend payout ratio (DPR) is presently 38.65%.

Las Vegas Sands Company Profile

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.