Las Vegas Sands
About: Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Employees: 38,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $1.13B | Put options by funds: $736M
9% more capital invested
Capital invested by funds: $15.3B [Q2] → $16.6B (+$1.34B) [Q3]
1.52% less ownership
Funds ownership: 46.39% [Q2] → 44.86% (-1.52%) [Q3]
3% less funds holding
Funds holding: 609 [Q2] → 591 (-18) [Q3]
17% less first-time investments, than exits
New positions opened: 89 | Existing positions closed: 107
17% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 235
50% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 4 (-4) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$55
5%
upside
Avg. target
$60
14%
upside
High target
$64
22%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
Barclays Brandt Montour 51% 1-year accuracy 43 / 84 met price target | 17%upside $61 | Overweight Maintained | 13 Dec 2024 |
JP Morgan Joseph Greff 31% 1-year accuracy 9 / 29 met price target | 19%upside $62 | Overweight Maintained | 13 Dec 2024 |
Stifel Steven Wieczynski 73% 1-year accuracy 24 / 33 met price target | 22%upside $64 | Buy Maintained | 24 Oct 2024 |
Mizuho Ben Chaiken 61% 1-year accuracy 35 / 57 met price target | 9%upside $57 | Outperform Maintained | 24 Oct 2024 |
Morgan Stanley Stephen Grambling 52% 1-year accuracy 11 / 21 met price target | 5%upside $55 | Overweight Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 5 articles about LVS published over the past 30 days
Neutral
Business Wire
1 week ago
UNLV and Las Vegas Sands Announce Establishment of Sands Institute for Chinese Language and Culture
LAS VEGAS--(BUSINESS WIRE)--The University of Nevada, Las Vegas (UNLV) and Las Vegas Sands are pleased to announce the creation of the Sands Institute for Chinese Language and Culture at UNLV, which was formally approved by the Nevada System of Higher Education Board of Regents at its quarterly meeting on Dec. 5, 2024. Made possible by a generous $15 million donation from Sands to the UNLV Foundation, this initiative highlights a shared commitment to enriching the educational and cultural lands.
Neutral
PRNewsWire
2 weeks ago
Macao Enterprises Take Trip to Lisbon with Sands China
Exploratory visit promotes technological innovation in Macao MACAO , Dec. 4, 2024 /PRNewswire/ -- A delegation of 17 Macao enterprises took a trip to Lisbon on Sands China's invitation to participate in the company's five-day Macao Technological Innovation Exploration in Lisbon Nov. 11-15. The trip aimed to foster the long-term development of technological innovation in Macao, in alignment with Macao SAR government's vision.
Neutral
CNBC Television
2 weeks ago
Final Trades: Amazon, AGCO, On Holding and Las Vegas Sands
The Investment Committee give you their top stocks to watch for the second half.
Negative
Zacks Investment Research
3 weeks ago
Here's Why Investors Should Retain Las Vegas Sands Stock for Now
LVS' strategic investments in premium assets and solid market positioning provide the foundation for its growth. However, uncertainties in China remain a concern.
Neutral
PRNewsWire
3 weeks ago
Suppliers and Local SMEs Honoured at Sands Supplier Excellence Awards and Sands Procurement Academy Graduation
MACAU , Nov. 27, 2024 /PRNewswire/ -- Sands China recognised some of its most outstanding suppliers at the Sands Supplier Excellence Awards Tuesday at The Parisian® Macao. The awards were part of a joint event where Sands China also honoured the 15th and 16th cohorts of local SMEs graduating from its Sands Procurement Academy training programme, highlighted some of the success stories of Sands China's ongoing partnerships with its local SME suppliers, and held a cocktail and business networking session to connect local SME suppliers with representatives from various Sands China departments, including the procurement and supply chain team.
Neutral
MarketBeat
1 month ago
MGM vs. Las Vegas Sands: Which Casino Stock Is the Better Bet?
Casino and gaming stocks have been in recovery mode since the reopening after being hard hit by the COVID-19 pandemic. It's hard to believe, but the world's largest gaming destination, Macau, was only completely reopened in February of 2023 as China finally relaxed its zero-COVID restrictions after three years.
Positive
Zacks Investment Research
1 month ago
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Positive
Benzinga
1 month ago
Las Vegas Sands Stock Seen As 'Overly Compelling' As Analysts Highlight Macau Recovery, Project Return To 'Pre-Pandemic Levels'
Las Vegas Sands Corp LVS receives praise from analysts for its strong position in Macau and the recovery of the region after missing third-quarter earnings per share and revenue estimates.
Negative
Zacks Investment Research
1 month ago
Las Vegas Sands' Q3 Earnings & Revenues Lag Estimate, Down Y/Y
LVS' third-quarter 2024 results reflect challenges from disruptions in Macao and a lower-than-expected hold in Singapore, impacting the company's recovery.
Neutral
PRNewsWire
1 month ago
Volunteers from Sands China and Four Community Partners Assemble 30,000+ Hygiene Kits for Clean the World in One Day
Over 330 tons of hotel amenities diverted from landfills by Sands China since 2014 MACAO , Oct. 24, 2024 /PRNewswire/ -- A total of 350 Sands China team members and local community group volunteers worked together to assemble more than 30,000 hygiene kits for international social enterprise Clean the World on Thursday at The Venetian® Macao's Cotai Expo, marking the initiative's 11th consecutive year. Sands Cares Ambassadors and other Sands China team members joined volunteers from four organisations for the service activity: local green enterprise Macau ECOnscious, Green Future, the Bosco Green Store of Bosco Youth Service Network, and the University of Saint Joseph.
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