Sands Announces Sponsorship of 2024 Clinton Global Initiative Meeting in New York City
PRNewswire (Tue, 17-Sep 9:00 AM ET)
Morgan Stanley Remains a Buy on Las Vegas Sands (LVS)
TipRanks (Tue, 17-Sep 8:36 AM ET)
Jefferies Sticks to Its Hold Rating for Las Vegas Sands (LVS)
TipRanks (Mon, 16-Sep 8:17 AM ET)
Las Vegas Sands plans to boost its stake in Sands China to close to 72%
Seeking Alpha News (Fri, 13-Sep 6:53 AM ET)
LPGA Pro Muni "Lily" He Joins Sands as a Champion Ambassador
PRNewswire (Tue, 10-Sep 1:00 PM ET)
S&P Global Ranks Sands China in Top 1% for ESG Performance
PRNewswire (Thu, 1-Aug 8:33 AM ET)
Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens'
PRNewswire (Thu, 25-Jul 9:57 AM ET)
Las Vegas Sands Reports Second Quarter 2024 Results
PRNewswire (Wed, 24-Jul 4:05 PM ET)
2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits
PRNewswire (Wed, 24-Jul 8:55 AM ET)
PRNewswire (Tue, 23-Jul 1:00 PM ET)
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 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 September 18, 2024, LVS stock price declined to $40.79 with 2,960,575 million shares trading.
LVS has a beta of 0.55, meaning it tends to be less sensitive to market movements. LVS has a correlation of 0.09 to the broad based SPY ETF.
LVS has a market cap of $30.04 billion. This is considered a Large Cap stock.
Last quarter Las Vegas Sands Corp. reported $3 billion in Revenue and $.55 earnings per share. This fell short of revenue expectation by $-39 million and missed earnings estimates by -$.01.
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 return of -14.7%, while the SPY ETF gained +27.8%. In the last 3 month period, LVS fell short of the market, returning -7.6%, while SPY returned +2.9%. However, in the most recent 2 weeks LVS has outperformed the stock market by returning +5.5%, while SPY returned +1.7%.
LVS support price is $40.77 and resistance is $42.03 (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.