The key reasons why Wynn Resorts Limited (WYNN) is -14.23% away from 52-week high?

As on May 24, 2023, Wynn Resorts Limited (NASDAQ: WYNN) started slowly as it slid -0.78% to $101.09. During the day, the stock rose to $102.24 and sunk to $100.09 before settling in for the price of $101.88 at the close. Taking a more long-term approach, WYNN posted a 52-week range of $50.20-$117.86.

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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded -9.20%. Meanwhile, its Annual Earning per share during the time was -24.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 43.90%. This publicly-traded company’s shares outstanding now amounts to $112.75 million, simultaneously with a float of $96.11 million. The organization now has a market capitalization sitting at $11.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $109.30, while the 200-day Moving Average is $87.91.

It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 27000 employees. It has generated 139,142 per worker during the last fiscal year. Meanwhile, its income per employee was -15,698. The stock had 18.08 Receivables turnover and 0.29 Total Asset turnover. For the Profitability, stocks gross margin was +17.95, operating margin was -6.97 and Pretax Margin of -18.63.

Wynn Resorts Limited (WYNN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Resorts & Casinos industry. Wynn Resorts Limited’s current insider ownership accounts for 0.30%, in contrast to 66.40% institutional ownership. According to the most recent insider trade that took place on Mar 16, this organization’s CEO sold 10,901 shares at the rate of 103.26, making the entire transaction reach 1,125,637 in total value, affecting insider ownership by 255,781. Preceding that transaction, on Feb 22, Company’s CFO sold 4,000 for 108.08, making the whole transaction’s value amount to 432,320. This particular insider is now the holder of 65,970 in total.

Wynn Resorts Limited (WYNN) Earnings and Revenue Records

This company achieved a net margin of -11.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.65 per share during the current fiscal year.

Wynn Resorts Limited’s EPS increase for this current 12-month fiscal period is 43.90% and is forecasted to reach 4.52 in the upcoming year.

Wynn Resorts Limited (NASDAQ: WYNN) Trading Performance Indicators

Let’s observe the current performance indicators for Wynn Resorts Limited (WYNN). It’s Quick Ratio in the last reported quarter now stands at 3.10. The Stock has managed to achieve an average true range (ATR) of 3.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.72.

In the same vein, WYNN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.01, a figure that is expected to reach 0.45 in the next quarter, and analysts are predicting that it will be 4.52 at the market close of one year from today.

Technical Analysis of Wynn Resorts Limited (WYNN)

Through scrutinizing the latest numbers posted by the [Wynn Resorts Limited, WYNN], it can be observed that its last 5-days Average volume of 2.47 million was lower the volume of 2.54 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 23.29% While, its Average True Range was 3.74.

Raw Stochastic average of Wynn Resorts Limited (WYNN) in the period of the previous 100 days is set at 55.59%, which indicates a major rise in contrast to 7.46% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.80% that was higher than 33.14% volatility it exhibited in the past 100-days period.

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