Economy

Noteworthy Buzzers: NextEra Energy, Inc. (NEE), Wynn Resorts Ltd. (WYNN)

The company is expected to issue its next earnings results on Thursday, January 25th. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.56 billion. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since November 10, 2016 and is uptrending.

Adjusted EBITDA was up 54.8 per cent (US$167.5 million) to US$473 million in the third quarter, from US$305.4 million for the same period a year ago, primarily as a result of increases of US$112.7 million, US$32.2 million, and US$22.6 million, from Wynn Palace, Wynn Macau, and the company's Las Vegas operations, respectively. According to the Analysts, the Low Earnings estimate for the current quarter is $1.23, while the High earnings estimate is $1.4.Comparatively, EPS for the same quarter a year ago was $1.7. State Common Retirement Fund invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.20. During the same quarter in the prior year, the business earned $0.86 EPS. Wynn Resorts's revenue was up 11.4% compared to the same quarter a year ago.

WYNN has been the topic of a number of research reports. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 4.84% from last close price of 153.59 and act as support or resistance of price limit. Buckingham Research initiated coverage on shares of Wynn Resorts in a report on Friday, August 12th. The rating was maintained by Deutsche Bank on Wednesday, July 26 with "Hold".

NextEra Energy, Inc. (NEE) analysts on average have given a price target of $158.58 on NEE stock. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Jefferies maintained the stock with "Buy" rating in Monday, May 29 report. Wagner Bowman Management Corp bought 2,919 shares as the company's stock declined 0.95% while stock markets rallied. The stock appeared -0.45% downward to its 52-week high and 86.15% above its 52-week low. The company has a quick ratio of 1.92, a current ratio of 1.97 and a debt-to-equity ratio of 27.41. The company's market cap is $71.69 Billion, and the average volume is $1.52 Million.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Glenmede Trust Na owns 16 shares for 0% of their portfolio. The ex-dividend date is Wednesday, November 15th. Its weekly and monthly volatility is 28.89%, 12.68% respectively. Rhumbline Advisers has 0.05% invested in Wynn Resorts, Limited (NASDAQ:WYNN).

COPYRIGHT VIOLATION WARNING: "Wynn Resorts, Limited (WYNN) Expected to Post Quarterly Sales of $1.53 Billion" was published by Week Herald and is the sole property of of Week Herald. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of USA and worldwide copyright law. US Bancorp DE raised its stake in Wynn Resorts by 35.8% in the third quarter.

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) have seen a consistent move higher lately. The stock was sold at an average price of $143.44, for a total transaction of $6,153,576.00.

First Foundation Advisors increased Twenty First Centy Fox Cl A (NASDAQ:FOXA) stake by 31,372 shares to 753,657 valued at $21.36 million in 2017Q2. The stock has a market cap of 15.75 Billion. The average 1-year price target among brokerages that have covered the stock in the last year is $102.48. In the last three months, insiders have sold 100,146 shares of company stock valued at $14,671,932. Fj Capital Limited Liability Company has 0.04% invested in Poage Bankshares Inc (NASDAQ:PBSK).

Capital International Investors increased its stake in Wynn Resorts Ltd (WYNN) by 0.2% based on its latest 2017Q2 regulatory filing with the SEC. It is positive, as 30 investors sold WYNN shares while 114 reduced holdings. Reilly Financial Advisors LLC lifted its position in shares of Wynn Resorts, Limited by 1,000.0% in the second quarter. US Bancorp DE now owns 70,496 shares of the casino operator's stock valued at $6,868,000 after buying an additional 18,570 shares in the last quarter. Financial Architects Inc lifted its position in shares of Wynn Resorts, Limited by 4.2% in the second quarter. Financial Architects Inc now owns 1,250 shares of the casino operator's stock worth $168,000 after buying an additional 50 shares during the last quarter. IFP Advisors Inc lifted its position in shares of Wynn Resorts, Limited by 40.8% in the second quarter. Sunbelt Securities Inc. now owns 2,050 shares of the casino operator's stock worth $275,000 after acquiring an additional 8 shares during the period. Finally, Pacific Heights Asset Management LLC raised its stake in Wynn Resorts by 19.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,932 shares of the casino operator's stock worth $796,000 after acquiring an additional 35 shares during the period.

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes.



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