
NASDAQ:WYNN
This summary was created by AI, based on 4 opinions in the last 12 months.
The reviews from various experts regarding Wynn Resorts Ltd. (WYNN-Q) present a mixed outlook, reflecting both opportunities and concerns. There is a positive sentiment surrounding the strong demand for Las Vegas and the anticipation of a new resort opening in Dubai by 2027. However, one expert expressed unease about the company's financial health, citing a modest return on capital (ROC) of 5.3% and a concerning 1:1 debt-to-equity ratio, along with expected revenue declines of 8.7%. Furthermore, there are apprehensions about Wynn's exposure in China, despite having confidence in the leadership of the CEO. While the shares are considered cheap in terms of price-to-earnings (PE) ratio, the high levels of uncertainty, particularly with overseas ventures, render this a speculative investment for some. Overall, experts present a cautious view with recognition of potential long-term value.
He added to this on the way down over a month ago, around $80. He has enough now. This is such a cheap call option on China, about 10% of their enterprise value. Rather, the value is in the U.S. operations which is doing gangbusters. Las Vegas room rates are 65% higher than in 2019. Shares are popping 5% today on news that Jim Cramer has bought shares.