
NYSE:LVS
This summary was created by AI, based on 2 opinions in the last 12 months.
Las Vegas Sands Corp. (LVS) is facing significant challenges in the current market, as reflected by its recent performance in January where the stock declined by 19%. The company's latest quarterly report revealed disappointing results, particularly due to weakness in its Macau operations and heightened expenses, leading to concerns among investors. Although LVS had previously endeavored to strengthen its presence in Asia by divesting its remaining Las Vegas assets, the recent results showcase that its expansion strategy has yet to yield the desired financial stability. Despite a top and bottom line beat reported, the disappointing margins in Macau indicate underlying operational issues that are affecting investor confidence. Overall, there appears to be a bearish sentiment surrounding LVS as experts express skepticism about the prospects of gambling companies in the current climate.
China is reopening, tourism is jumping, but shares are depressed because the market is de-rating stocks exposed to China. But he expects them to receive its investment-grade credit rating back, reinstate its dividend and share buybacks. He expects a recovery, but doesn't know when. This company is operating well.
The sector has certainly recovered strongly, and EP in the quarter was 68% better than estimates.
From three years of losses strong earnings are expected this year and next.
We think the outlook is good. Our cold-water on the thesis would be (i) valuation.
At 33X earnings, its well above historical averages in the 21X to 23X range (ii) Debt. At $10B (net) it is still more than 2X the highest annual cash flow of the past 10 years.
Cash flow has been negative for the past three years.
Debt increased by $4B during the pandemic years.
We do expect this to decline with normalized earnings trends, but is a risk if results do not meet growth expectations and/or we see a recession. Overall, we would give it an 'OK' but higher risk rating.
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Sold all US properties last year. Now a pure play on the high growth, Asian gaming market and China reopening. Leading market share. Macau is the Las Vegas of China, and gross gaming revenue is growing by triple digits. If you go into a casino enough times, you will lose money, and this means that the house will make money. Expects operating profit to grow by 600% this year. Reports tonight. May regain investment-grade credit rating, which could unlock the door to buybacks or reinstating the dividend. No dividend.
(Analysts’ price target is $65.70)Las Vegas Sands Corp. is a American stock, trading under the symbol LVS (previously LVS-N on Stockchase) on the New York Stock Exchange (LVS). It is usually referred to as NYSE:LVS or LVS
In the last year, 2 stock analysts published opinions about LVS (previously LVS-N on Stockchase). 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Las Vegas Sands Corp..
Las Vegas Sands Corp. was recommended as a Top Pick by Jim Cramer - Mad Money on 2022-01-03. Read the latest stock experts ratings for Las Vegas Sands Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Las Vegas Sands Corp. in the last year. It is a trending stock that is worth watching.
On 2026-06-01, Las Vegas Sands Corp. (LVS) stock closed at a price of $53.27.
Down 19% last month. They reported a disappointing quarter last Wednesday with weakness in Macau and elevated spending.