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 6,812 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $1.14B | Put options by funds: $754M
8% more capital invested
Capital invested by funds: $15.6B [Q2] → $16.9B (+$1.32B) [Q3]
1.69% less ownership
Funds ownership: 47.37% [Q2] → 45.68% (-1.69%) [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
8%
upside
Avg. target
$60
18%
upside
High target
$64
26%
upside
7 analyst ratings
7 positive
100%
0 neutral
0%
0 negative
0%
Barclays Brandt Montour 45% 1-year accuracy 38 / 85 met price target | 20%upside $61 | Overweight Maintained | 13 Dec 2024 |
JP Morgan Joseph Greff 31% 1-year accuracy 9 / 29 met price target | 22%upside $62 | Overweight Maintained | 13 Dec 2024 |
Stifel Steven Wieczynski 72% 1-year accuracy 23 / 32 met price target | 26%upside $64 | Buy Maintained | 24 Oct 2024 |
Mizuho Ben Chaiken 60% 1-year accuracy 34 / 57 met price target | 12%upside $57 | Outperform Maintained | 24 Oct 2024 |
Morgan Stanley Stephen Grambling 48% 1-year accuracy 10 / 21 met price target | 8%upside $55 | Overweight Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 5 articles about LVS published over the past 30 days
Negative
Seeking Alpha
5 days ago
Las Vegas Sands: Xi Jinping's Macau Visit Removes Long-Time Bearish Take On Stock
Bears on LVS have cited Sheldon Adelson's support of Trump and Xi's threats as risks, affecting investor trust in LVS's Asian operations. Investor distrust in LVS's Asian stability has been part of the negative narrative, despite the company's strong performance. Xi's saber-rattling was seen as a threat, but LVS's performance justifies a higher price target.
Neutral
PRNewsWire
6 days ago
Las Vegas Sands Named to the Dow Jones Sustainability Indices for World and North America
The company was included on DJSI World and DJSI North America for the fifth consecutive year; subsidiary Sands China Ltd. was named to DJSI World and DJSI Asia Pacific for the third year.
Neutral
Business Wire
3 weeks 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
3 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
3 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
1 month 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
1 month 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
2 months 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.
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