Wynn Resorts, Limited (NASDAQ:WYNN) registered a 7.94% increase, still its new closing price is 86.60% up from the company’s 1 year high of 108.85.It posted 13.50% gains in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 20 stock analysts following this company have an average price target at $103.47, with individual PT in the $87.00-$134.00 range. The shares moved at $103.08, implying that brokerage firms see shares gaining about 66.98% in twelve months time.
Wynn Resorts, Limited (WYNN) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 19.15% rise year to date. A Director at Wynn Resorts, Limited (WYNN) acquired shares in a transaction closed on Wednesday December 14, 2016. WAYSON DANIEL BOONE bought 37,500 shares in the company at $93.83 each and collected $3,518,001 in proceeds. WAYSON DANIEL BOONE now owns 92,010 shares in the company after this transaction. A EVP/General Counsel/Secretary in the company, Sinatra Kimmarie, disclosed a transaction on Tuesday November 29, 2016 that ended up generating $4,224,001 from the sale of 42,343 shares at $99.77 per share.
Wynn Resorts, Limited (NASDAQ:WYNN) Upcoming Results on Tap
Wynn Resorts, Limited will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.85 in that period. Sales during the quarter are predicted to arrive at $1.35 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.3 billion in revenue and EPS of $0.50. The mean forecast was for $1.26 billion and $0.85 a share, respectively. One quarter earlier, revenue for the stock was at $1.11 billion, with earnings at $0.75/share.
Wynn Resorts, Limited (WYNN) Brokerage Update
Wynn Resorts, Limited (WYNN) is in Instinet’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Reduce by Instinet, according to news reported on Friday January 27, 2017.Another important research note was issued by CLSA on Friday July 29, 2016.The firm downgraded WYNN to Underperform from Outperform. Over the last six months and over the last three months, the shares of Wynn Resorts, Limited (WYNN), have changed -0.43% and 8.30%, respectively.