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 in 2031. Its Venetian and Palazzo Las Vegas assets in the US 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 November 27, 2024, LVS stock price climbed to $51.42 with 2,534,213 million shares trading.

LVS has a beta of 0.54, meaning it tends to be less sensitive to market movements. LVS has a correlation of 0.04 to the broad based SPY ETF.

LVS has a market cap of $37.28 billion. This is considered a Large Cap stock.

Last quarter Las Vegas Sands Corp. reported $3 billion in Revenue and $.44 earnings per share. This fell short of revenue expectation by $-98 million and missed earnings estimates by -$.10.

In the last 3 years, LVS 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, CGDV, VUG.

LVS has underperformed the market in the last year with a return of +6.7%, while SPY returned +33.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LVS shares. However, LVS has outperformed the market in the last 3 month and 2 week periods, returning +27.3% and +4.4%, while SPY returned +7.1% and +0.3%, respectively. This indicates LVS has been having a stronger performance recently.

LVS support price is $50.13 and resistance is $51.71 (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 shares will trade within this expected range on the day.