Wynn Resorts Limited (NASDAQ: WYNN) kicked off on June 23, 2022, at the price of $53.42, down -2.58% from the previous trading day. During the day, the shares moved up to $53.97 and dropped to $50.20 before settling in for the closing price of $53.40. Over the past 52 weeks, WYNN has traded in a range of $52.88-$128.48.
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Annual sales at Consumer Cyclical sector company slipped by -2.80% over the past five years. While this was happening, its average annual earnings per share was recorded 65.70%. With a float of $105.68 million, this company’s outstanding shares have now reached $115.03 million.
Let’s look at the performance matrix of the company that is accounted for 26950 employees. In terms of profitability, gross margin is +13.00, operating margin of -10.30, and the pretax margin is -26.88.
Wynn Resorts Limited (WYNN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of Wynn Resorts Limited is 0.60%, while institutional ownership is 61.60%. The most recent insider transaction that took place on Feb 11, was worth 37,700. In this transaction Director of this company sold 400 shares at a rate of $94.25, taking the stock ownership to the 7,307 shares. Before that another transaction happened on Jan 18, when Company’s CEO sold 20,000 for $91.83, making the entire transaction worth $1,836,545. This insider now owns 394,429 shares in total.
Wynn Resorts Limited (WYNN) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$1.21 earnings per share (EPS), lower than consensus estimate (set at -$1.15) by -$0.06. This company achieved a net margin of -20.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 65.70% per share during the next fiscal year.
Wynn Resorts Limited (NASDAQ: WYNN) Trading Performance Indicators
Take a look at Wynn Resorts Limited’s (WYNN) current performance indicators. Last quarter, stock had a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.73, a number that is poised to hit -1.01 in the next quarter and is forecasted to reach 1.38 in one year’s time.
Technical Analysis of Wynn Resorts Limited (WYNN)
Wynn Resorts Limited (NASDAQ: WYNN) saw its 5-day average volume 4.15 million, a positive change from its year-to-date volume of 3.31 million. As of the previous 9 days, the stock’s Stochastic %D was 6.35%. Additionally, its Average True Range was 3.36.
During the past 100 days, Wynn Resorts Limited’s (WYNN) raw stochastic average was set at 3.93%, which indicates a significant decrease from 8.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.21% in the past 14 days, which was lower than the 63.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.44, while its 200-day Moving Average is $81.04. Nevertheless, the first resistance level for the watch stands at $53.93 in the near term. At $55.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.70. If the price goes on to break the first support level at $50.16, it is likely to go to the next support level at $48.29. The third support level lies at $46.39 if the price breaches the second support level.
Wynn Resorts Limited (NASDAQ: WYNN) Key Stats
The company with the Market Capitalisation of 5.98 billion has total of 115,965K Shares Outstanding. Its annual sales at the moment are 3,764 M in contrast with the sum of -755,790 K annual income. Company’s last quarter sales were recorded 953,330 K and last quarter income was -183,320 K.