Las Vegas Sands Corp. EPS Estimates Raised by Analysts at Barclays (LVS)
Stock analysts at Barclays raised their earnings per share (EPS) estimates on shares of Las Vegas Sands Corp. (NYSE:LVS) in a report issued on Monday, American Banking News reports.
Shares of Las Vegas Sands Corp. (NYSE:LVS) traded down 3.92% during mid-day trading on Monday, hitting $75.24. The stock had a trading volume of 8,100,943 shares. Las Vegas Sands Corp. has a one year low of $47.95 and a one year high of $88.28. The stock has a 50-day moving average of $82.41 and a 200-day moving average of $75.39. The company has a market cap of $61.531 billion and a P/E ratio of 28.07.
Las Vegas Sands Corp. (NYSE:LVS) last announced its earnings results on Wednesday, January 29th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 18.8% on a year-over-year basis. On average, analysts predict that Las Vegas Sands Corp. will post $3.82 earnings per share for the current fiscal year.
A number of other firms have also recently commented on LVS. Analysts at JPMorgan Chase & Co. raised their price target on shares of Las Vegas Sands Corp. from $89.00 to $91.00 in a research note on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Susquehanna raised their price target on shares of Las Vegas Sands Corp. from $92.00 to $98.00 in a research note on Wednesday, March 19th. Finally, analysts at Citigroup Inc. raised their price target on shares of Las Vegas Sands Corp. from $92.50 to $97.00 in a research note on Wednesday, March 12th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $81.43.
Las Vegas Sands Corp. is a developer of destination properties (NYSE:LVS) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.
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