Las Vegas Sands Corp. (LVS-N)
NYSE:LVS
38.79
0.48
(1.25%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This summary was created by AI, based on 4 opinions in the last 12 months.
Las Vegas Sands Corp. (LVS-N) is currently a focal point of debate among analysts due to its exposure to Macau, which accounts for 60% of its EBITDA. With Macau's economy recovering and extensive renovations expected to be completed by spring 2024, some experts express optimism about LVS's future performance. One review highlights that the current trading valuation at 11x EBITDA is appealing compared to the historical average of 14x. However, there are concerns regarding market share, as some believe that the renovations may lead to short-term losses, suggesting that the stock could be 'dead money' for the time being. Despite the differing viewpoints, the stock has seen a dip of 20% over the past year, leading some to recommend covering the position until a clearer upward trend emerges.
LVS sold its Las Vegas assets and is a pure Asian play. As post-COVID travel increases thru China and Singapore, this should see a positive outcome. It trades at 39x earnings and supports a 36% ROE. Its modest dividend is backed by a payout ratio of 25% of cash flow. We recommend setting a stop-loss at $44, looking to achieve $64 — upside potential of 25%. Yield 1.1%
(Analysts’ price target is $64.14)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.(LVS-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 9
Las Vegas Sands Corp.(LVS-N) Frequently Asked Questions
What is Las Vegas Sands Corp. stock symbol?
Las Vegas Sands Corp. is a American stock, trading under the symbol LVS-N on the New York Stock Exchange (LVS). It is usually referred to as NYSE:LVS or LVS-N
Is Las Vegas Sands Corp. a buy or a sell?
In the last year, 9 stock analysts published opinions about LVS-N. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Las Vegas Sands Corp..
Is Las Vegas Sands Corp. a good investment or a top pick?
Las Vegas Sands Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Las Vegas Sands Corp..
Why is Las Vegas Sands Corp. stock dropping?
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.
Is Las Vegas Sands Corp. worth watching?
9 stock analysts on Stockchase covered Las Vegas Sands Corp. In the last year. It is a trending stock that is worth watching.
What is Las Vegas Sands Corp. stock price?
On 2025-05-06, Las Vegas Sands Corp. (LVS-N) stock closed at a price of $38.79.
60% of EBITDA comes from Macau, which is recovering; she's bullish here because LVS has done a ton of renovations that completes this spring. Trades at 11x EBITDA vs. 14x historic. Is -20% the past year.