Prepare Yourself for Liftoff: Wynn Resorts Ltd (WYNN)

With 1.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.96 million shares. During the session, the Resorts & Casinos company that operates in wider Consumer Cyclical sector, reached to the highest price of $91.89 whereas the lowest price it dropped to was $89.69. The 52-week range on WYNN shows that it touched its highest point at $110.38 and its lowest point at $71.63 during that stretch. It currently has a 1-year price target of $115.69. With its current market cap of 10.07 billion, WYNN has annualized dividend of $1.00 while the current yield stands at 1.09%. WYNN paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 1.79.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WYNN was down-trending over the past week, with a drop of -1.59%, but this was down by -6.08% over a month. Three-month performance surged to 18.57% while six-month performance fell -2.50%. The stock gained 5.62% in the past year, while it has gained 0.69% so far this year. A look at the trailing 12-month EPS for WYNN yields 8.28 with Next year EPS estimates of 5.10. For the next quarter, that number is 1.33. This implies an EPS growth rate of 20.90% for this year and 2.89% for next year. EPS is expected to grow by 9.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.40%.

Float and Shares Shorts:

At present, 111.74 million WYNN shares are outstanding with a float of 88.86 million shares on hand for trading. On 2024-10-31, short shares totaled 5.61 million, which was 511.00000000000006 higher than short shares on 1727654400. In addition to Mr. Craig Scott Billings as the firm’s CEO & Director, Ms. Julie Mireille Cameron-Doe serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.68799 of WYNN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WYNN reported revenue of $1693323000.0 and operating income of $135694000.0. The EBITDA in the recently reported quarter was $343887000.0 and diluted EPS was -$0.29.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WYNN since 12 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WYNN analysts setting a high price target of 145.0 and a low target of 93.0, the average target price over the next 12 months is 115.34. Based on these targets, WYNN could surge 58.06% to reach the target high and rise by 1.37% to reach the target low. Reaching the average price target will result in a growth of 25.72% from current levels.

Analysts have provided yearly estimates in a range of $5.44974 being high and $3.8138 being low. For WYNN, this leads to a yearly average estimate of $4.97941. The surprise factor in the prior quarter was $1.19. Based on analyst estimates, the high estimate for the next quarter is $1.67 and the low estimate is $0.94. The average estimate for the next quarter is thus $1.26.