On Tuesday, Wynn Resorts Ltd. (NASDAQ: WYNN) was -1.53% drop from the session before settling in for the closing price of $87.67. A 52-week range for WYNN has been $81.65 – $112.25.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 16.68%. When this article was written, the company’s average yearly earnings per share was at 37.42%. With a float of $94.95 million, this company’s outstanding shares have now reached $111.74 million.
Let’s determine the extent of company efficiency that accounts for 27800 employees.
Wynn Resorts Ltd. (WYNN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wynn Resorts Ltd. stocks. The insider ownership of Wynn Resorts Ltd. is 15.27%, while institutional ownership is 61.19%. The most recent insider transaction that took place on May 28 ’24, was worth 230,878. In this transaction Director of this company sold 2,446 shares at a rate of $94.39, taking the stock ownership to the 9,226 shares. Before that another transaction happened on Feb 09 ’24, when Company’s CFO sold 6,383 for $105.27, making the entire transaction worth $671,938. This insider now owns 78,150 shares in total.
Wynn Resorts Ltd. (WYNN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 37.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.90% during the next five years compared to 3.40% growth over the previous five years of trading.
Wynn Resorts Ltd. (NASDAQ: WYNN) Trading Performance Indicators
You can see what Wynn Resorts Ltd. (WYNN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 10.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.46, a number that is poised to hit 1.21 in the next quarter and is forecasted to reach 6.03 in one year’s time.
Technical Analysis of Wynn Resorts Ltd. (WYNN)
Looking closely at Wynn Resorts Ltd. (NASDAQ: WYNN), its last 5-days average volume was 1.74 million, which is a drop from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 28.52%. Additionally, its Average True Range was 1.68.
During the past 100 days, Wynn Resorts Ltd.’s (WYNN) raw stochastic average was set at 0.99%, which indicates a significant decrease from 3.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.65% in the past 14 days, which was lower than the 24.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.61, while its 200-day Moving Average is $94.42. However, in the short run, Wynn Resorts Ltd.’s stock first resistance to watch stands at $87.60. Second resistance stands at $88.87. The third major resistance level sits at $89.62. If the price goes on to break the first support level at $85.58, it is likely to go to the next support level at $84.82. Should the price break the second support level, the third support level stands at $83.55.
Wynn Resorts Ltd. (NASDAQ: WYNN) Key Stats
There are 112,071K outstanding shares of the company, which has a market capitalization of 9.68 billion. As of now, sales total 6,532 M while income totals 729,990 K. Its latest quarter income was 1,863 M while its last quarter net income were 144,220 K.
