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Friday, December 2, 2022

Insights Into Wynn Resorts Limited (WYNN) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Wynn Resorts Limited (WYNN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$5.89, or +9.12%, to $70.5. Volume reached 54,382 shares, with price reaching a high of $70.75 and a low of $70.1115. Most recently, Yahoo Finance reported about the stock as it publicized that WYNN LAS VEGAS ANNOUNCES AWAKENING, AN UNPARALLELED NEW SHOW EXPERIENCE.


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Stocks Info

Wynn Resorts Limited is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Resorts & Casinos industry. At the end of the last regular session, the stock closed at $70.74 and fluctuated between $70.79 as its day high and $66.00 as its day low. The current market capitalization of Wynn Resorts Limited is $8.21B. A total of 3.86 million shares were traded on the day, compared to an average of 2.86M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, WYNN has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 2,394 shares. Over the last 12 months, there were 20 BUYs and 22 SELLs from insiders. Insiders purchased 285,631 shares during that period but sold 222,400.

In the most recent transaction, Mulroy Patricia sold 2,000 shares of WYNN for 66.14 per share on Sep 19. After the transaction, the Director now owns 6,781 company shares. In a previous transaction on Aug 08, Mulroy Patricia sold 2,000 shares at 67.11 per share. WYNN shares that Director owns now total 8,781.

Among the insiders who sold shares, Mulroy Patricia disposed of 400 shares on Feb 11 at a per-share price of $94.25. This resulted in the Director holding 7,307 shares of WYNN after the transaction. In another insider transaction, MADDOX MATT sold 20,000 shares at $91.83 per share on Jan 18. Company shares held by the CEO now total 394,429.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. WYNN’s most recent ex-dividend date was 02/25/2020 when it declared a $1.00 quarterly dividend that was paid in cash on 03/06/2020. Previously, the company paid the dividend on 11/22/2019 with an ex-dividend date of 11/13/2019. The dividend was $1.00 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for WYNN in the last 3 months, the mean price target is $83.08 with high estimates of $117.00 and low estimates of $69.00. In terms of 52-week highs and lows, WYNN has a high of $99.00 and a low of $50.20.

As of this writing, WYNN has an earnings estimate of $-1.17 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $-0.87 per share and a lower estimate of $-1.43. The company reported an EPS of $-0.82 in the last quarter, which was 12.77% higher than expectations of $-0.94.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. WYNN’s latest balance sheet shows that the firm has $2.52B in Cash & Short Term Investments as of fiscal 2021. There were $12.05B in debt and $1.29B in liabilities at the time. Its Book Value Per Share was $-5.32, while its Total Shareholder’s Equity was $-836.22M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WYNN is Underweight with a score of 4.00. A total of 6 analysts rated the stock as Buy while 1 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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