Wynn Resorts Ltd. (NASDAQ: WYNN) on Friday, plunged -3.51% from the previous trading day, before settling in for the closing price of $104.86. Within the past 52 weeks, WYNN’s price has moved between $81.65 and $117.86.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 16.68%. The company achieved an average annual earnings per share of 24.36%. With a float of $94.86 million, this company’s outstanding shares have now reached $111.74 million.
Considering the fact that the conglomerate employs 27800 people, you should pay attention to its efficiency factor.
Wynn Resorts Ltd. (WYNN) Insider Activity
Observing investor behavior towards Resorts & Casinos industry stocks is more important than anything else. The insider ownership of Wynn Resorts Ltd. is 15.35%, while institutional ownership is 62.40%. The most recent insider transaction that took place on Feb 09 ’24, was worth 671,938. In this transaction CFO of this company sold 6,383 shares at a rate of $105.27, taking the stock ownership to the 78,150 shares. Before that another transaction happened on Feb 09 ’24, when Company’s Director sold 960 for $105.17, making the entire transaction worth $100,963. This insider now owns 522 shares in total.
Wynn Resorts Ltd. (WYNN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 18.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.36% per share during the next fiscal year.
Wynn Resorts Ltd. (NASDAQ: WYNN) Trading Performance Indicators
Wynn Resorts Ltd. (WYNN) is currently performing well based on its current performance indicators. A quick ratio of 1.89 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74. Likewise, its price to free cash flow for the trailing twelve months is 14.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.14, a number that is poised to hit 1.29 in the next quarter and is forecasted to reach 5.60 in one year’s time.
Technical Analysis of Wynn Resorts Ltd. (WYNN)
Compared to the last year’s volume of 1.82 million, its volume of 1.22 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.13%. Additionally, its Average True Range was 2.50.
During the past 100 days, Wynn Resorts Ltd.’s (WYNN) raw stochastic average was set at 67.63%, which indicates a significant increase from 18.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.28% in the past 14 days, which was higher than the 26.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.45, while its 200-day Moving Average is $96.64. Nevertheless, the first resistance level for the watch stands at $102.98 in the near term. At $104.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $105.82. If the price goes on to break the first support level at $100.14, it is likely to go to the next support level at $99.11. Should the price break the second support level, the third support level stands at $97.30.
Wynn Resorts Ltd. (NASDAQ: WYNN) Key Stats
Market capitalization of the company is 11.34 billion based on 112,078K outstanding shares. Right now, sales total 6,532 M and income totals 729,990 K. The company made 1,840 M in profit during its latest quarter, and 729,160 K in sales during its previous quarter.
