Las Vegas Sands (LVS) earnings: what to expect

6:00 am ET, 24 Oct 2018

Las Vegas Sands Corp. (LVS) shares are trading at $53.50, down 2.53%. The company is announcing its quarterly earnings results on Wednesday after the market close. What's driving Las Vegas Sands stock price? What's LVS stock price forecast?

Las Vegas Sands Corp owns and operates integrated resorts in Asia and the US.  The Venetian Macao, Sands Cotai Central in Macao, Marina Bay Sands in Singapore, The Parisian Macao, Four Seasons Macao, and The Venetian Las Vegas are some of its important properties. The company yields an attractive 5.39% dividend.

Investors are showing interest in the company because of the strong balance sheet and solid cash flow. On the other hand, some investors worry that Macau's gaming industry is slowing down.  Last quarter’s revenue grew 6.1% to $3.30 billion and earnings per share came at $0.76 compared to $0.62 for the same period last year.

Third-quarter results will be released after market close on October 24, 2018.  Analysts expect the company to earn $0.81 per share on revenue of $3.41 billion. The company beat analysts’ estimates three times in the preceding four quarter results.

What is the sentiment towards the LVS stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending negative;
  • The mid-term sentiment (3-6 months) is negative;
  • The long-term sentiment (9-12 months) is trending negative. 

Over the last month, Las Vegas Sands Corp. (LVS) returned -8.31%.

Las Vegas Sands Corp. (LVS) average analyst price target ($79.80) is 42.12% above its current price ($56.15).

For the latest price and information on Las Vegas Sands Corp., please visit Finstead and search for "LVS price" or "LVS news".

Las Vegas Sands Corp. (LVS) Stock Guide

Updated at: 4:43 am ET, 18 Sep 2020

Before we start: if you're looking for LVS stock price, you can quickly find it out by visiting Finny and typing "LVS quote". If you're looking for a quick scoop on LVS stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "LVS". You'll get all this info in one place. Or you can just type "LVS news" to get the latest stock news.

Looking to buy or sell Las Vegas Sands Corp. (LVS)? Interested in getting the full scoop on LVS, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this LVS stock guide, we'll address key questions about LVS, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are LVS earnings?
2. What is LVS stock forecast (i.e., prediction)?
3. LVS buy or sell? What is LVS Finny Score?
4. What are the reasons to buy LVS? Why should I buy LVS stock?
5. What are the reasons to sell LVS? Why should I sell LVS stock?
6. What are LVS key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are LVS earnings?

LVS trailing 12-month earnings per share (EPS) is $0.45.

Analyst Predictions

2. What is LVS stock forecast (i.e., prediction)?

Based on LVS analyst price targets, LVS stock forecast is $58.59 (for a year from now). That means the average analyst price target for LVS stock is $58.59. The prediction is based on 17 analyst estimates.

The low price target for LVS is $50.00, while the high price target is $73.00.

LVS analyst rating is Buy.

Analysis

3. LVS buy or sell? What is LVS Finny Score?

#{finnyScore:60}Our quantitative analysis shows 6 reasons to buy and 4 reasons to sell LVS, resulting in Finny Score of 60.

4. What are the reasons to buy LVS? Why should I buy LVS stock?

Here are the reasons to buy LVS stock:

  • Sands is well positioned to exploit growth opportunities in the attractive Asia casino market with a dominant position in Singapore (65% EBITDA share) and China (36% EBITDA share).
  • The company has a narrow economic moat, thanks to its possession of one of only two licenses to operate casinos in Singapore and one of only six licenses to operate casinos in China.
  • Sands' proven experience in operating large integrated resorts positions it to win a gaming licenses in Japan.
  • LVS profitability is improving. The YoY profit margin change was 7.15 percentage points. See LVS profitability chart.
  • LVS forward P/E ratio is 24.70, which is low compared to its industry peers’ P/E ratios. See LVS forward P/E ratio chart.
  • LVS PEG ratio (P/E adjusted for growth) is 6.02, which is low compared to its industry peers’ PEG ratios. See LVS PEG chart.
  • LVS average analyst rating is Buy. See LVS analyst rating chart.
  • LVS average analyst price target ($58.59) is above its current price ($49.08). See LVS price target chart.
  • LVS cash to debt ratio is 0.22, higher than the average industry (0.17) and sector (0.13) cash to debt ratio. See LVS cash to debt chart.

5. What are the reasons to sell LVS? Why should I sell LVS stock?

Let's look at the reasons to sell LVS stock (i.e., the bear case):

  • The Macau and Chinese governments have full control over labor, table allocations, gaming licenses, and travel visas for mainland citizens, which can result in volatile periods of growth for the region.
  • The Macau and Chinese governments are interested in transitioning the region toward a nongaming destination resort site, as opposed to one dominated by high-end gaming (as is currently), which can hinder near-term revenue.
  • Macau's carrying capacity is constrained and may not be alleviated until key projects that reduce traffic congestion arrive, beginning in 2018.
  • LVS quarterly revenue growth was -97.10%, lower than the industry and sector average revenue growth (1.51% and 0.78%, respectively). See LVS revenue growth chart.
  • LVS short share of float is 64.14%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See LVS short share of float chart.
  • LVS short interest (days to cover the shorts) ratio is 2.22. The stock garners more short interest than the average industry, sector or S&P 500 stock. See LVS short interest ratio chart.
  • LVS Enterprise Value/Revenue multiple is 5.83, which is high compared to its industry peers’ Enterprise Value/Revenue multiples. See LVS Enterprise Value/Revenue chart.

Key Stats

6. What are LVS key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for LVS:

Metrics LVS
Price $46.95
Average Price Target / Upside $58.59 / 24.79%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Resorts & Casinos
Sector Consumer Cyclical
Number of Employees 51,500
Market Cap $37.92B
Forward P/E Ratio 24.70
Price/Book Ratio 4.39
Revenue (TTM) $8.64B
YoY Quarterly Revenue Growth -97.10%
Profit Margin 3.95%

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