Related posts

Stocks climb, reducing weekly lossesA choppy yet flat ThursdayTSX advances, Wall Street and yields decline
Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

Las Vegas Sands Corp. (LVS) has drawn mixed reviews from various experts regarding its future prospects. While one expert remains bullish on the company's recovery in Macau, citing renovations that enhance its market position, another criticizes the short-term decline in market share. This divergence highlights the challenges LVS faces as it navigates the post-COVID landscape, despite long-term potential linked to its Asian operations. Some analysts point to the company's low valuation relative to historic EBITDA, while others caution about the immediate impacts of ongoing renovations. Overall, there is a consensus that while the company is positioned for growth, it may experience fluctuations in the near term.

Consensus
Mixed
Valuation
Undervalued
BUY

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.

BUY

She bought it. They're spending a ton to renovate their casinos to end early 2025, and will regain their sinking market share. It's cheap wit the current EBITDA less than half of the 3-year average.

SELL

Sold it. They're revamping their hotels in China which is good long term, but will lose market share in the short term. Dead money.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Mar 26/24, Down 13.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with LVS has triggered its stop at $44.  To remain disciplined we recommend covering the position at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O’Reilly

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)
PAST TOP PICK
(A Top Pick Apr 19/23, Down 11%)

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.

BUY

Hotel & casino sector will remain strong.
Travel demand will only get stronger as market recovers.
China demand also rising. 
Current share price is good time to buy.
Expecting further share price gains. 

RISKY

Interesting company. Nice run since October 2022. Getting expensive. Be fairly cautious.

HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

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. 
Unlock Premium - Try 5i Free

TOP PICK

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)
BUY

The consumer still wants experiences, and China is reopening. Macau too.

BUY
Surprisingly, it's up 24% this year. Vegas is booming, but LVS actually sold off their Vegas business to focus only on Asia. However, Macau has suffered shutdowns due to China's strict Covid policy. LVS has roared back recently on news that China is starting to reopen.
COMMENT
Among the biggest losers on the S&P in 2021 #3, down 37%. It's a terrific casino operator with a huge operation in Macau. It's doubling down in China by selling its Vegas properties. But this suffers during Covid where in China has strong lockdown policies.
BUY
It holds too many gambling operations in Macau, which is the target of the Chinese government now.
BUY
Will roar back in the second half next year when the economy returns to normal, tourism bounces back huge and people are hungry to gamble. It broke after the election and has been trading in a tight range ever since. The casino stocks indicate what the markets will be like in 6 months. When we revert to normal, tourism will bounce back and gambling with have a huge year. The country is stir crazy and desperately wants a vacation, which will happen in the second half of 2021. US casinos in Macau will rally, especially if Biden improves trade relations between China and America. This could hit $75.
Showing 1 to 15 of 75 entries

Las Vegas Sands Corp.(LVS-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Las Vegas Sands Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 4 stock analysts published opinions about LVS-N. 3 analysts recommended to BUY the stock. 1 analyst 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?

4 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 2025-03-14, Las Vegas Sands Corp. (LVS-N) stock closed at a price of $43.19.