Las Vegas Sands Corp. (NYSE:LVS) registered a 1.74% increase, still its new closing price is 44.26% up from the company’s 1 year high of 62.58.It posted -4.34% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 20 stock analysts following this company have an average price target at $60.65, with individual PT in the $50.00-$71.00 range. The shares moved at $53.32, implying that brokerage firms see shares gaining about 31.55% in twelve months time.
Las Vegas Sands Corp. (LVS) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.17% fall year to date. A President & COO at Las Vegas Sands Corp. (LVS) offloaded shares in a transaction closed on Monday November 28, 2016. Goldstein Robert G sold 169,111 shares in the company at $62.84 each and collected $10,626,001 in proceeds. Goldstein Robert G now owns 127,057 shares in the company after this transaction. A President & COO in the company, Goldstein Robert G, disclosed a transaction on Monday January 04, 2016 that ended up generating $4,138,000 from the sale of 97,943 shares at $42.25 per share.
Las Vegas Sands Corp. (NYSE:LVS) Upcoming Results on Tap
Las Vegas Sands Corp. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.62 in that period. Sales during the quarter are predicted to arrive at $3.1 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.08 billion in revenue and EPS of $0.62. The mean forecast was for $3.12 billion and $0.66 a share, respectively. One quarter earlier, revenue for the stock was at $2.97 billion, with earnings at $0.72/share.
Las Vegas Sands Corp. (LVS) Brokerage Update
Las Vegas Sands Corp. (LVS) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by BofA/Merrill, according to news reported on Tuesday October 04, 2016.Another important research note was issued by Argus on Wednesday September 14, 2016.The firm upgraded LVS to Buy from Hold. Over the last six months and over the last three months, the shares of Las Vegas Sands Corp. (LVS), have changed 7.72% and -6.93%, respectively.
