Wynn Resorts Ltd. (WYNN) kicked off at the price of $104.75: Venture capitalists have an exciting new opportunity

Wynn Resorts Ltd. (NASDAQ: WYNN) kicked off on Friday, up 1.01% from the previous trading day, before settling in for the closing price of $103.70. Over the past 52 weeks, WYNN has traded in a range of $71.63-$110.38.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 16.68%. While this was happening, its average annual earnings per share was recorded 30.18%. With a float of $93.82 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. 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) Breakdown of a Key Holders of the stock

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 Ltd. is 15.47%, while institutional ownership is 61.60%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 30.18% 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

Take a look at Wynn Resorts Ltd.’s (WYNN) current performance indicators. Last quarter, stock had a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.64. Likewise, its price to free cash flow for the trailing twelve months is 11.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.53, a number that is poised to hit 1.03 in the next quarter and is forecasted to reach 5.44 in one year’s time.

Technical Analysis of Wynn Resorts Ltd. (WYNN)

Compared to the last year’s volume of 2.13 million, its volume of 3.14 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.08%. Additionally, its Average True Range was 3.07.

During the past 100 days, Wynn Resorts Ltd.’s (WYNN) raw stochastic average was set at 91.54%, which indicates a significant increase from 87.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.36% in the past 14 days, which was higher than the 30.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $82.92, while its 200-day Moving Average is $92.26. Nevertheless, the first resistance level for the watch stands at $106.20 in the near term. At $107.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $108.89. If the price goes on to break the first support level at $103.51, it is likely to go to the next support level at $102.26. Now, if the price goes above the second support level, the third support stands at $100.82.

Wynn Resorts Ltd. (NASDAQ: WYNN) Key Stats

The company with the Market Capitalisation of 11.63 billion has total of 112,071K Shares Outstanding. Its annual sales at the moment are 6,532 M in contrast with the sum of 729,990 K annual income. Company’s last quarter sales were recorded 1,733 M and last quarter income was 111,940 K.