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Tuesday, January 31, 2023

Value Investing Philosophy And Wynn Resorts Limited (NASDAQ: WYNN)?

After Hours

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. After-hours trades for Wynn Resorts Limited (WYNN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.23, or 0.27%, to $85.84. The Wynn Resorts Limited has recorded 36,670 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Wynn Resorts Macau Signs 10-year Gaming Concession Agreement.


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Stocks Info

WYNN belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Resorts & Casinos industry. At the end of the last regular session, the stock closed at $85.61 and fluctuated between $86.50 as its day high and $83.95 as its day low. The current market capitalization of Wynn Resorts Limited is $9.56B. A total of 3.31 million shares were traded on the day, compared to an average of 3.67M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, WYNN has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 12,622 shares. Over the last 12 months, there were 19 BUYs and 23 SELLs from insiders. Insiders purchased 232,916 shares during that period but sold 196,787.

In the most recent transaction, ATKINS BETSY S sold 5,707 shares of WYNN for 83.65 per share on Dec 01. After the transaction, the Director now owns 6,690 company shares. In a previous transaction on Sep 19, Mulroy Patricia sold 2,000 shares at 66.14 per share. WYNN shares that Director owns now total 6,781.

Among the insiders who sold shares, Mulroy Patricia disposed of 2,000 shares on Aug 08 at a per-share price of $67.11. This resulted in the Director holding 8,781 shares of WYNN after the transaction. In another insider transaction, Mulroy Patricia sold 400 shares at $94.25 per share on Feb 11. Company shares held by the Director now total 7,307.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. WYNN’s most recent ex-dividend date was 2/25/2020 when it declared a $1.00 quarterly dividend that was paid in cash on 3/6/2020. Previously, the company paid the dividend on 11/22/2019 with an ex-dividend date of 11/13/2019. The WYNN stock dividend was $1.00 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for WYNN in the last 3 months, the mean price target is $95.29 with high estimates of $117.00 and low estimates of $77.00. In terms of 52-week highs and lows, WYNN has a high of $96.50 and a low of $50.20.

As of this writing, WYNN has an earnings estimate of -$1 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.51 per share and a lower estimate of -$1.49. The company reported an EPS of -$1.21 in the last quarter, which was -5.20% lower than expectations of -$1.15.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 17 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 4.11. A total of 8 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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