$2.70M in average volume shows that Wynn Resorts Ltd. (WYNN) is heading in the right direction

On Monday, Wynn Resorts Ltd. (NASDAQ: WYNN) was 2.30% up from the session before settling in for the closing price of $103.08. A 52-week range for WYNN has been $71.63 – $110.38.

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 30.35%. With a float of $93.82 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. In terms of profitability, gross margin is 37.21%, operating margin of 14.87%, and the pretax margin is 7.06%.

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 15.47%, while institutional ownership is 61.82%. The most recent insider transaction that took place on Sep 16 ’24, was worth 208,634. In this transaction Director of this company sold 2,650 shares at a rate of $78.73, taking the stock ownership to the 5,689 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 2,650 for $78.73, making the entire transaction worth $208,634.

Wynn Resorts Ltd. (WYNN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 30.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.96% 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 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65. Likewise, its price to free cash flow for the trailing twelve months is 11.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.53, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 5.47 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 4.73 million, which is a jump from its year-to-date volume of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 97.93%. Additionally, its Average True Range was 3.01.

During the past 100 days, Wynn Resorts Ltd.’s (WYNN) raw stochastic average was set at 96.74%, which indicates a significant increase from 95.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.87% in the past 14 days, which was higher than the 30.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $80.64, while its 200-day Moving Average is $91.92. However, in the short run, Wynn Resorts Ltd.’s stock first resistance to watch stands at $106.88. Second resistance stands at $108.31. The third major resistance level sits at $110.02. If the price goes on to break the first support level at $103.73, it is likely to go to the next support level at $102.02. Should the price break the second support level, the third support level stands at $100.59.

Wynn Resorts Ltd. (NASDAQ: WYNN) Key Stats

There are 112,071K outstanding shares of the company, which has a market capitalization of 11.70 billion. As of now, sales total 6,532 M while income totals 729,990 K. Its latest quarter income was 1,733 M while its last quarter net income were 111,940 K.