Economy

Wynn Resorts, Limited (NASDAQ:WYNN): Do Analysts Think You Should Buy

The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has "Market Perform" rating given on Monday, October 5 by Taglich.

Several research analysts have recently weighed in on WYNN shares. BlackRock Inc. lifted its holdings in Wynn Resorts, Limited by 5,076.4% during the 1st quarter. The firm purchased 6,778 shares of the casino operator's stock, valued at approximately $909,000. JPMorgan Chase & Co. lifted its holdings in Wynn Resorts, Limited by 128.1% during the 2nd quarter. IFP Advisors Inc now owns 1,259 shares of the casino operator's stock worth $169,000 after acquiring an additional 365 shares during the period.

Hitchwood Capital Management Lp decreased Wynn Resorts Ltd (WYNN) stake by 7.14% reported in 2017Q2 SEC filing. OZ Management LP now owns 2,132,012 shares of the casino operator's stock worth $244,350,000 after purchasing an additional 423,658 shares during the last quarter. Wynn Resorts, Limited now has an average rating of "Hold" and an average target price of $134.28. LLC bought a new stake in shares of Wynn Resorts, Limited in the 2nd quarter worth approximately $2,318,000. FMR LLC now owns 409,967 shares of the casino operator's stock worth $54,985,000 after purchasing an additional 305,945 shares during the last quarter. It is positive, as 30 investors sold Wynn Resorts, Limited shares while 114 reduced holdings. Victory Capital Management Inc sold 38,882 shares as the company's stock rose 26.92% with the market. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

More important recent Orbotech Ltd (NASDAQ:ORBK) news were published by: Prnewswire.com which released: "Orbotech Ltd.to Host Investor Day on November 6, 2017" on September 19, 2017, also Streetinsider.com published article titled: "ORBOTECH LTD.", Prnewswire.com published: "Visionox Signs a High Volume Order with Orbotech for OLED Flexible End-to-End ..." on September 06, 2017. Randt sold 3,000 shares of Wynn Resorts, Limited stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $129.00, for a total value of $387,000.00. The institutional investor held 479,940 shares of the consumer services company at the end of 2017Q2, valued at $64.37 million, down from 518,822 at the end of the previous reported quarter. The disclosure for this sale can be found here. Ltd. now owns 396,265 shares of the casino operator's stock valued at $34,300,000 after buying an additional 369,030 shares during the period. The mean target price as estimated by the analysts for the company has been recorded at $143.38.

Wynn Resorts, (NASDAQ:WYNN) has been issued a consensus recommendation of "Hold" by the twenty-six research analysts that are presently covering The corporation, 1 investment expert has recommended the share with a sell recommendation, twelve has issued a hold recommendation, eleven has issued a buy recommendation and 1 has given a strong buy recommendation to The corporation. the consensus 1 year price target among analysts that have adjusted their coverage in the past 12 month is $139.91. Deutsche Bank AG raised Wynn Resorts, Limited from a hold rating to a buy rating and lifted their target price for the stock from $138.00 to $150.00 in a report on Tuesday, August 15th. Finally, UBS AG reissued a "buy" rating on shares of Wynn Resorts, Limited in a research note on Monday, July 10th. Union Gaming downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, July 26 to "Hold" rating.

Among 13 analysts covering Dominion Midstream (NYSE:D), 6 have Buy rating, 1 Sell and 6 Hold. Finally, Financial Architects Inc lifted its position in shares of Wynn Resorts, Limited by 4.2% during the 2nd quarter.

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A number of other large investors have also recently added to or reduced their stakes in WYNN.

Wynn Resorts, Limited (NASDAQ WYNN) opened at 147.09 on Wednesday. About 1.18 million shares traded. The company has a market cap of $14.99 billion, a PE ratio of 55.05 and a beta of 1.67.

The stock's 50 day moving average is 141.47 and its 200 day moving average is 130.05. Three analysts have issued estimates for Wynn Resorts, Limited's earnings, with the lowest EPS estimate coming in at $1.20 and the highest estimate coming in at $1.36. Louisiana State Employees Retirement Sys has 0.03% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 5,000 shares. The firm is expected to issue its next quarterly earnings report on Wednesday, November 1st. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.47 billion. They expect $1.25 EPS, up 66.67% or $0.50 from last year's $0.75 per share. Wynn Resorts had 56 analyst reports since July 31, 2015 according to SRatingsIntel.



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