Wynn Resorts Ltd. (NASDAQ:WYNN) is scheduled to release its earnings data after the market closes on Wednesday, July 27th. Analysts expect Wynn Resorts to post earnings of $0.91 per share for the quarter.
Wynn Resorts Ltd. (NASDAQ:WYNN) traded up 6.22% during mid-day trading on Tuesday, reaching $103.47. The company had a trading volume of 4,013,769 shares. The firm has a market capitalization of $10.49 billion and a price-to-earnings ratio of 33.44. Wynn Resorts Ltd. has a 12-month low of $49.95 and a 12-month high of $105.69. The firm has a 50-day moving average price of $96.05 and a 200 day moving average price of $86.59.
A number of analysts have commented on WYNN shares. Gabelli reduced their target price on shares of Wynn Resorts from $103.00 to $96.00 and set a “buy” rating for the company in a report on Tuesday, April 12th. Vetr cut shares of Wynn Resorts from a “strong-buy” rating to a “buy” rating and set a $107.11 target price for the company. in a report on Monday, April 11th. Goldman Sachs Group Inc. reissued a “buy” rating and issued a $103.00 price objective (up from $78.00) on shares of Wynn Resorts in a research note on Friday, April 1st. JPMorgan Chase & Co. reissued a “buy” rating on shares of Wynn Resorts in a research note on Thursday, March 31st. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $94.00 price objective (down from $101.00) on shares of Wynn Resorts in a research note on Wednesday, April 6th. Eleven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $96.57.
Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the People’s Republic of China (Macau).
