Las Vegas Sands (LVS) Receiving Somewhat Positive Media Coverage, Analysis Finds

Press coverage about Las Vegas Sands (NYSE:LVS) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Las Vegas Sands earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the casino operator an impact score of 47.1708444066049 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Several brokerages have weighed in on LVS. Jefferies Group reissued a “hold” rating on shares of Las Vegas Sands in a report on Thursday, January 25th. Stifel Nicolaus reissued a “buy” rating and set a $88.00 price objective (up from $76.00) on shares of Las Vegas Sands in a report on Thursday, January 25th. JPMorgan Chase & Co. boosted their price objective on Las Vegas Sands from $63.00 to $72.00 and gave the stock a “neutral” rating in a report on Thursday, January 25th. Barclays boosted their price objective on Las Vegas Sands to $85.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Finally, Bank of America boosted their price objective on Las Vegas Sands from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $70.54.

Las Vegas Sands (LVS) traded down $2.80 during trading on Monday, hitting $72.38. The stock had a trading volume of 6,095,318 shares, compared to its average volume of 4,731,481. The firm has a market cap of $59,430.00, a price-to-earnings ratio of 20.45 and a beta of 1.72. Las Vegas Sands has a 52 week low of $51.35 and a 52 week high of $79.84. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.07 and a quick ratio of 1.05.

Las Vegas Sands (NYSE:LVS) last posted its earnings results on Wednesday, January 24th. The casino operator reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.11. The company had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.26 billion. Las Vegas Sands had a return on equity of 34.76% and a net margin of 21.78%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 EPS. equities research analysts expect that Las Vegas Sands will post 3.33 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd will be given a dividend of $0.75 per share. This is a positive change from Las Vegas Sands’s previous quarterly dividend of $0.73. This represents a $3.00 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Wednesday, March 21st. Las Vegas Sands’s payout ratio is presently 82.49%.

In other Las Vegas Sands news, Director George Jamieson acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average cost of $66.96 per share, for a total transaction of $66,960.00. Following the transaction, the director now owns 6,488 shares of the company’s stock, valued at $434,436.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.10% of the stock is currently owned by insiders.

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Las Vegas Sands Company Profile

Las Vegas Sands Corp. is a developer of destination properties (integrated resorts) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Company owns and operates integrated resorts in Asia and the United States.

Insider Buying and Selling by Quarter for Las Vegas Sands (NYSE:LVS)

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