Wynn Resorts Limited (NASDAQ:WYNN) shares traded higher over the last trading session, gaining 3.47% on 05/14/21. The shares fell to a low of $122.7601 before closing at $126.67. Intraday shares traded counted 1.97 million, which was 19.72% higher than its 30-day average trading volume of 2.45M. WYNN’s previous close was $122.42 while the outstanding shares total 111.02M. The firm has a beta of 2.46. The stock’s Relative Strength Index (RSI) is 50.47, with weekly volatility at 3.85% and ATR at 4.45. The WYNN stock’s 52-week price range has touched low of $67.54 and a $143.88 high.
Investors have identified the Resorts & Casinos company Wynn Resorts Limited as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.16 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Wynn Resorts Limited (WYNN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For WYNN, the company has in raw cash 2.89 billion on their books with 198.47 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 3.25 billion total, with 1.37 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.77 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on WYNN sounds very interesting.
Is the stock of WYNN attractive?
In related news, President and CFO, Billings Craig Scott sold 3,015 shares of the company’s stock in a transaction that recorded on Mar 25. The sale was performed at an average price of 127.50, for a total value of 384,412. As the sale deal closes, the Director, Mulroy Patricia now sold 400 shares of the company’s stock, valued at 47,916. Also, EVP and General Counsel, Whittemore Ellen F sold 2,500 shares of the company’s stock in a deal that was recorded on Jan 05. The shares were price at an average price of 108.13 per share, with a total market value of 270,325. Following this completion of acquisition, the President and CFO, Billings Craig Scott now holds 4,673 shares of the company’s stock, valued at 530,386. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
7 out of 15 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Wynn Resorts Limited. 0 analysts has assigned a Sell rating on the WYNN stock. The 12-month mean consensus price target for the company’s shares has been set at $122.31.