Wynn Resorts Ltd (NASDAQ: WYNN) on Friday, soared 2.96% from the previous trading day, before settling in for the closing price of $91.67. Within the past 52 weeks, WYNN’s price has moved between $71.63 and $110.38.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 16.68%. The company achieved an average annual earnings per share of 20.85%. With a float of $88.86 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 38.75%, operating margin of 15.82%, and the pretax margin is 8.93%.
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 19.08%, while institutional ownership is 68.11%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.91 earnings per share (EPS) for the period topping the consensus outlook (set at 1.16) by 0.75. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.26% 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
Wynn Resorts Ltd (WYNN) is currently performing well based on its current performance indicators. A quick ratio of 1.50 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 1.50. Likewise, its price to free cash flow for the trailing twelve months is 10.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.28, a number that is poised to hit 1.33 in the next quarter and is forecasted to reach 5.05 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 1.86 million, which is a drop from its year-to-date volume of 2.22 million. As of the previous 9 days, the stock’s Stochastic %D was 65.63%. Additionally, its Average True Range was 2.85.
During the past 100 days, Wynn Resorts Ltd’s (WYNN) raw stochastic average was set at 62.88%, which indicates a significant decrease from 92.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.65% in the past 14 days, which was higher than the 38.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $94.66, while its 200-day Moving Average is $91.82. However, in the short run, Wynn Resorts Ltd’s stock first resistance to watch stands at $95.87. Second resistance stands at $97.35. The third major resistance level sits at $99.66. If the price goes on to break the first support level at $92.08, it is likely to go to the next support level at $89.77. Should the price break the second support level, the third support level stands at $88.29.
Wynn Resorts Ltd (NASDAQ: WYNN) Key Stats
Market capitalization of the company is 10.67 billion based on 109,815K outstanding shares. Right now, sales total 6,532 M and income totals 729,990 K. The company made 1,693 M in profit during its latest quarter, and -32,050 K in sales during its previous quarter.
