Analysts See $1.25 EPS for Wynn Resorts, Limited (WYNN)

October 13, 2017 - By Max Morgan

 Analysts See $1.25 EPS for Wynn Resorts, Limited (WYNN)
Investors sentiment increased to 1.63 in Q2 2017. Its up 0.53, from 1.1 in 2017Q1. It is positive, as 30 investors sold Wynn Resorts, Limited shares while 114 reduced holdings. 87 funds opened positions while 147 raised stakes. 71.80 million shares or 5.30% less from 75.83 million shares in 2017Q1 were reported.
4,208 are owned by Keybank Association Oh. Preferred Limited Liability Co invested in 280 shares. Nomura Asset Ltd reported 13,375 shares stake. Nomura Inc accumulated 11,155 shares. Financial Bank Of America De stated it has 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN). Stephens Ar stated it has 0.13% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). Beddow Cap reported 22,450 shares or 1.22% of all its holdings. Moreover, Aviva Public Ltd has 0.04% invested in Wynn Resorts, Limited (NASDAQ:WYNN). Royal Fincl Bank Of Canada holds 0.02% or 242,054 shares in its portfolio. Mitsubishi Ufj invested in 90 shares or 0.06% of the stock. Credit Agricole S A stated it has 0.01% in Wynn Resorts, Limited (NASDAQ:WYNN). 6,749 were accumulated by Bluefin Trading Limited. 5,000 were reported by Louisiana State Employees Retirement Sys. Deutsche State Bank Ag invested 0.04% in Wynn Resorts, Limited (NASDAQ:WYNN). Oakbrook Invests Ltd Limited Liability Company reported 5,940 shares or 0.05% of all its holdings.

Since May 16, 2017, it had 0 insider buys, and 4 sales for $9.31 million activity. MADDOX MATT sold $5.95M worth of stock. $2.92M worth of stock was sold by Sinatra Kimmarie on Friday, June 9. Another trade for 2,226 shares valued at $285,106 was made by Mulroy Patricia on Tuesday, May 16.

Wall Street await Wynn Resorts, Limited (NASDAQ:WYNN) to release earnings on November, 1. Analysts forecast EPS of $1.25, up exactly $0.50 or 66.67 % from 2014’s $0.75 EPS. The expected WYNN’s profit could reach $128.34 million giving the stock 28.44 P/E in the case that $1.25 earnings per share is reported. After posting $1.18 EPS for the previous quarter, Wynn Resorts, Limited’s analysts now forecast 5.93 % EPS growth. About 1.45M shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since October 14, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.

Wynn Resorts, Limited (NASDAQ:WYNN) Ratings Coverage

Among 24 analysts covering Wynn Resorts (NASDAQ:WYNN), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. Wynn Resorts had 57 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by UBS to “Buy” on Monday, March 7. CLSA downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Friday, April 29 to “Outperform” rating. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has “Hold” rating given on Thursday, November 3 by Stifel Nicolaus. Telsey Advisory Group maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Thursday, November 3 with “Outperform” rating. The stock has “Market Perform” rating by Telsey Advisory Group on Thursday, November 19. The stock has “Overweight” rating by JP Morgan on Wednesday, March 30. Deutsche Bank maintained it with “Buy” rating and $82 target in Friday, March 18 report. UBS maintained the stock with “Buy” rating in Friday, September 29 report. The firm earned “Hold” rating on Monday, June 5 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, April 5 by Argus Research.

Wynn Resorts, Limited 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. The company has market cap of $14.60 billion. The Company’s divisions include Macau Operations and Las Vegas Operations. It has a 53.44 P/E ratio. The Company’s Macau Operations include Wynn Macau and Wynn Palace.

More notable recent Wynn Resorts, Limited (NASDAQ:WYNN) news were published by: Benzinga.com which released: “Vegas Strip Delivers Impressive 21% Gaming Win Growth In August” on September 29, 2017, also Seekingalpha.com with their article: “Steve Wynn talks hotel security” published on October 09, 2017, Nasdaq.com published: “Here’s Why You Should Add Wynn Resorts to Your Portfolio Now” on October 05, 2017. More interesting news about Wynn Resorts, Limited (NASDAQ:WYNN) were released by: Seekingalpha.com and their article: “Wynn Is Not Overbought And Has Plenty Of Runway Ahead” published on October 10, 2017 as well as Investorplace.com‘s news article titled: “Profits Reign for Wynn Resorts, Limited (WYNN) Stock” with publication date: September 29, 2017.

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