LVS Stock Summary and Trading Ideas (Las Vegas Sands Corp. | NYSE:LVS)

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.

Las Vegas Sands Corp. trades on the NYSE stock market under the symbol LVS.

As of May 10, 2024, LVS stock price declined to $46.54 with 2,043,065 million shares trading.

LVS has a beta of 1.08, meaning it tends to be more sensitive to market movements. LVS has a correlation of 0.20 to the broad based SPY ETF.

LVS has a market cap of $34.67 billion. This is considered a Large Cap stock.

Last quarter Las Vegas Sands Corp. reported $3 billion in Revenue and $.75 earnings per share. This beat revenue expectation by $9 million and exceeded earnings estimates by $.14.

In the last 3 years, LVS stock traded as high as $65.58 and as low as $28.88.

The top ETF exchange traded funds that LVS belongs to (by Net Assets): VTI, VOO, VO, SPY, VUG.

LVS has underperformed the market in the last year with a price return of -24.1% while the SPY ETF gained +28.4%. LVS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.8% and +2.6%, respectively, while the SPY returned +4.2% and +3.4%, respectively.

LVS support price is $46.41 and resistance is $47.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LVS stock will trade within this expected range on the day.