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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts have mixed opinions on WYNN-Q, with one expert expressing concern over the impact of China's economic weakness on the company's Macau operations, while another expert sees the recent revenue and earnings beat as positive indicators. One expert took profits, citing caution due to Covid in China, while another was surprised by the stock's downward movement despite an impressive quarter. Overall, the company's Macau and Las Vegas operations are performing well, but there is some apprehension about the potential impact of China's economic conditions.

Consensus
Mixed
Valuation
Fair Value
BUY
Wynne Resorts Ltd.

Vegas tourism is white hot. Revenue per room was up 11% in May YOY, convention attendance up 2%, and visitors up 5%. MGM has over half its business from Vegas. But he doesn't like MGM's regional business and those patrons are struggling from higher inflation and interest rates. He Likes MGM, but prefers Wynne because it has more Vegas exposure. But Vegas' boom isn't pushing up Vegas stocks, which is frustrating. Frankly, the market is getting it wrong. When Wynne reports, their strong Macau business will shine.

entertainment services
BUY
Wynne Resorts Ltd.

May's data is up across the board: revenue per room is up 11% YOY, convention attendance 2%, hotel occupancy 2%, plus Wynn buys back shares. He expects these good numbers to continue. Also, they're investing in Dubai which will eventually increase revenues. Be patient.

entertainment services
BUY
Wynne Resorts Ltd.

Is undervalued and so it Caesars. He's frustrated with this space, because Las Vegas has been going gangbusters where convention attendance is way up over the past year. These stocks haven't gotten credit for their performance.

entertainment services
BUY ON WEAKNESS
Wynne Resorts Ltd.

Down 14% this month, because of concerns over China. Remember, there was very little activity in Macau because of Covid, so things can't get worse than that. Sure, China's general economic weakness could have an effect on Wynn Macau. Numbers show that Macau is bouncing back. WYNN just reported a revenue beat and huge earnings beat.

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SELL ON STRENGTH
Wynne Resorts Ltd.

Took profits, up 60%. Simply profit-taking. The company is doing a great job. Covid in China is worry, so she's being cautious. She may buy this again.

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STRONG BUY
Wynne Resorts Ltd.

Their quarter 2 weeks ago was unbelievable! And yet, shares went down after that.

entertainment services
BUY
Wynne Resorts Ltd.

Their Macau and Las Vegas operations are killing it.

entertainment services
BUY
Wynne Resorts Ltd.

Wynne enjoys a core group on consumers who will go to their casinos and any spending online in sports betting adds to that.

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RISKY
Wynne Resorts Ltd.
Allan Tong’s Discover Picks Consider Wynn Resorts. Year-to-date, WYNN stock has outpaced competitors with its shares breaking even in 2022 through early December while MGM stock has sunk 15% and Caesars 46%. Pretty good, right? However, in early November WYNN stock reported a Q3 revenue loss of $1.20 which was much higher than the street’s $1.03 prediction. Why? That Q3 included a two-week closure of their Macau casinos because of an increase in Covid cases. The company’s Las Vegas and Boston operations helped cushion the turbulence, but the coming winter (a period when Covid cases typically rise) looks uncertain. Read Between Safety and Risk: 3 Safe and Gambling Stocks for our full analysis.
entertainment services
BUY
Wynne Resorts Ltd.
Look at the recovery in Las Vegas. Okay, maybe a recession is coming, but the Wynn CEO is ready for one (though doesn't see one on the horizon). Last month, a big private investor took a big stake in Wynn (a good sign). Macro tailwinds: China will reopen.
entertainment services
BUY
Wynne Resorts Ltd.
They are outperforming markets--look at the one- and three-month charts. Las Vegas is killing it and that's where Wynn's value lies.
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DON'T BUY
Wynne Resorts Ltd.
He is also worried about their operations in Macau. It's too early to buy Wynn. He regrets recommending this earlier. He didn't expect the Chinese government to mismanage their handling of Covid cases there.
entertainment services
BUY
Wynne Resorts Ltd.
He's still holding this at a loss. In terms of problem, it's been one thing or another, like Macau or recession talk (in the future). The canary in the coal mine are casino stocks. He believes inflation has peaked, though, so casinos could rip. He's bullish Wynn and casinos.
entertainment services
DON'T BUY
Wynne Resorts Ltd.
The issue all along has been Macau. Las Vegas is operating fine with Covid under control. But China has a zero tolerance policy towards Covid and this will make Macau uncertain. When will Macau really reopen and generate real revenues? He used to own this, but hesitates now.
entertainment services
BUY
Wynne Resorts Ltd.
It will be choppy trading for another month for sure as we digest inflation, including services inflation--inflation is broadening out into other categories. Not enough attention is being paid to retail sales--which are up--and homes sales are also up nicely. We have to wait--nobody knows where inflation is going. She's a long-term investor. Companies that performed best during earnings season are the ones she likes: Expedia, Wynn, Hilton. Would consider AmEx, Coke, McDonald's--if you get them on sale, you can leg into them and see how it goes.
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Showing 1 to 15 of 60 entries

Wynne Resorts Ltd.(WYNN-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Wynne Resorts Ltd. 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.

Wynne Resorts Ltd.(WYNN-Q) Frequently Asked Questions

What is Wynne Resorts Ltd. stock symbol?

Wynne Resorts Ltd. is a American stock, trading under the symbol WYNN-Q on the NASDAQ (WYNN). It is usually referred to as NASDAQ:WYNN or WYNN-Q

Is Wynne Resorts Ltd. a buy or a sell?

In the last year, 4 stock analysts published opinions about WYNN-Q. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wynne Resorts Ltd..

Is Wynne Resorts Ltd. a good investment or a top pick?

Wynne Resorts Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Wynne Resorts Ltd..

Why is Wynne Resorts Ltd. 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 Wynne Resorts Ltd. worth watching?

4 stock analysts on Stockchase covered Wynne Resorts Ltd. In the last year. It is a trending stock that is worth watching.

What is Wynne Resorts Ltd. stock price?

On 2024-07-25, Wynne Resorts Ltd. (WYNN-Q) stock closed at a price of $80.72.