On Tuesday, Wynn Resorts Ltd. (NASDAQ: WYNN) opened higher 0.39% from the last session, before settling in for the closing price of $98.62. Price fluctuations for WYNN have ranged from $71.63 to $110.38 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 16.68%. Company’s average yearly earnings per share was noted 30.20% at the time writing. With a float of $93.82 million, this company’s outstanding shares have now reached $111.74 million.
The extent of productivity of a business whose workforce counts for 27800 workers is very important to gauge. 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 Updates
A key investor’s attitude towards the stock of the Resorts & Casinos industry is another important factor to consider. The insider ownership of Wynn Resorts Ltd. is 15.47%, while institutional ownership is 61.63%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.99 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.75) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.20% 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
Check out the current performance indicators for Wynn Resorts Ltd. (WYNN). In the past 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 1.55. Likewise, its price to free cash flow for the trailing twelve months is 10.92.
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 5.49 in one year’s time.
Technical Analysis of Wynn Resorts Ltd. (WYNN)
The latest stats from [Wynn Resorts Ltd., WYNN] show that its last 5-days average volume of 1.53 million was inferior to 2.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.36%. Additionally, its Average True Range was 2.64.
During the past 100 days, Wynn Resorts Ltd.’s (WYNN) raw stochastic average was set at 75.65%, which indicates a significant increase from 21.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.32% in the past 14 days, which was lower than the 31.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.63, while its 200-day Moving Average is $92.58. Now, the first resistance to watch is $100.32. This is followed by the second major resistance level at $101.64. The third major resistance level sits at $102.36. If the price goes on to break the first support level at $98.28, it is likely to go to the next support level at $97.55. Assuming the price breaks the second support level, the third support level stands at $96.23.
Wynn Resorts Ltd. (NASDAQ: WYNN) Key Stats
There are currently 110,992K shares outstanding in the company with a market cap of 10.99 billion. Presently, the company’s annual sales total 6,532 M according to its annual income of 729,990 K. Last quarter, the company’s sales amounted to 1,733 M and its income totaled 111,940 K.
