Las Vegas Sands Corp. (LVS) has recently experienced various developments and financial changes. Significant stock trades have been tracked, such as Raymond James & Associates and Ninety One UK Ltd acquiring substantial shares, while considerable insider trading has also resulted in the divestiture of US$2.0b worth of stock. LVS has seen a rise of 4.4% since its last earnings report, surpassing market performance despite some downward regrading. Its shares have dipped 1.5% at times. LVS has revealed its Q3 and Q4 2023 results, and Q1 and Q2 results for 2024, showing an inconsistent performance. Eminent investors, Ken Fisher and Ray Dalio, have shown bullish tendencies towards the growth stock. Fundamentally, LVS's business trail seems to be lagging behind the industry. Earning expectations and Analysts' forecasts have been beaten, propelling positive sentiments for the company. Several donations have been gratuitously allocated to organizations and causes as part of their public and social responsibilities, showing a positive trend toward ESG standards. Although there are concerns about their high debt levels, steady revenue from LVS's Singapore and Macao businesses has been a economically reassuring. Despite all, LVS's stock registered a dip of 14% in a year and a 21% loss for the shareholders. The company remains speculative with rumored expansion plans in New York and Texas.
Las Vegas Sands Corp LVS News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Sun, 25 Aug 2024 16:32:25 GMT -
Rating 0
- Innovation 1
- Information 7
- Rumor 4
